-- Temple & Webster (ASX:TPW) said co-founder and Chief Executive Officer (CEO) Mark Coulter will transition to the role of executive chair, with Susie Sugden appointed as the company's next CEO, effective July 1, according to a Thursday Australian bourse filing.
Sugden is a former Temple & Webster executive who most recently served as chief executive of Love To Dream, a global sleepwear brand operating in more than 40 countries, the filing added.
Singapore's core inflation, which excludes the cost of accommodation and private transport, rose 1.7% year on year in March from 1.4% in the previous month, according to a joint release by the Monetary Authority of Singapore and the Ministry of Trade and Industry on Thursday.The headline consumer price index, representing overall inflation, climbed 1.8% year on year in the month, due to higher transport and core inflation.On a month-on-month basis, core inflation inched up 0.1%, while overall inflation was up 0.5%.Core inflation and overall inflation are currently projected to average 1.5% to 2.5% in 2026, the report said.
AME Real Estate Investment Trust (KLSE:AMEREIT) declared a quarterly income distribution of 0.0216 ringgit per unit for the period ended March 31, according to a Wednesday Malaysian bourse filing.Shares gained 3% in Thursday's afternoon trade.The payout comprises 0.0139 ringgit in taxable income and 0.0077 ringgit in tax-exempt distribution.The entitlement date is May 8, while payment will be made on May 28, it added.
Larsen & Toubro (NSE:LT, BOM:500510), through its buildings and factories business vertical, has secured "significant" orders, worth 10 billion Indian rupees to 25 billion rupees, in India, according to a Thursday filing to the Indian stock exchanges.The company has bagged an order from Oberoi Realty (NSE:OBEROIRLTY, BOM:53327) to construct seven high-rise residential towers in Gurugram, India.The business vertical received an order to build a proving ground from an international company in Haryana. The facility will be aimed at boosting testing infrastructure for vehicles embedded with the latest technology.The company's shares were up nearly 1% in recent trade.