[SINGAPORE] THE following companies saw new developments that may affect trading of their securities on Tuesday (Mar 11).
Singapore Exchange (SGX): The bourse operator plans to list Bitcoin perpetual futures in the second half of 2025, according to Bloomberg. The exchange will strictly target institutional clients and professional investors, with retail customers barred from trading the instruments. While subject to due regulatory process, initial feedback has been positive from both DeFi and TradFi participants, the statement said. Shares of SGX ended Monday flat at $S13.09, before the statement.
DFI Retail Group: The supermarket and retail store operator posted a 29.7 per cent rise in underlying profit to US$200.6 million for its full year ended Dec 31, 2024, from US$154.7 million in the previous corresponding period. This comes even as full-year revenue fell 3.3 per cent to US$8.9 billion from US$9.2 billion in the year-ago period, said the group in a bourse filing on Monday.
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