Group 1 - The company anticipates a 40% increase in full year 2025 revenues compared to full year 2024 revenues [1] - There is an expected 119% increase in Q4 2025 revenues compared to Q4 2024 revenues [1] - Growth in 2025 is driven by ongoing projects in key business verticals such as hospitality, commercial retail, industrial, high-end residential, and real estate development [1]

Core Insights - Multiplex has secured a principal construction contract valued at over £250m ($338m) for the redevelopment of 75 London Wall in the City of London, in collaboration with Gamuda Berhad and Castleforge [1][2] - The project aims to create over 450,000 square feet of Grade A workspace, addressing the current supply constraints in the City of London [2][3] - The redevelopment project is part of a £1.2bn initiative, with practical completion expected in the first quarter of 2028 [2][4] Company and Project Details - Gamuda Land UK is focused on expanding its presence in the UK market, with this contract being a significant milestone in unlocking long-term value from prime assets [1][2] - The design of the project is led by Orms, with sustainability targets including BREEAM Outstanding, WELL Core Platinum, and NABERS UK 5* Design for Performance certifications [3] - The construction contract follows a year of pre-construction services by Multiplex, which included project planning and design [4][5] Market Context - The project is positioned to provide much-needed, high-quality office space at a time when London is experiencing its lowest level of office construction starts in nearly two decades [4] - The redevelopment of 75 London Wall is seen as a response to the acute supply constraints in the market for sustainable office spaces [2][4]

Full year 2025 revenues increase 40%as compared with full year 2024 revenues Lantana, Fla., Jan. 06, 2026 (GLOBE NEWSWIRE) -- JFB Construction Holdings (Nasdaq: JFB), a real estate development and construction company focused on hospitality, commercial, industrial, and residential property development, today announced that it expects to report full year 2025 revenues of $32 million, an increase of 40% as compared to full year 2024 revenues. “This achievement of an anticipated 40% increase in full year 2025 ...

Group 1 - The General Authority for Competition (GAC) issued 22 non-objection decisions on economic concentration applications in December 2025 [2] - A joint venture (JV) was established between Ajlan & Bros Co. and Digital QFS to create a new digital bank [2] - Another JV was formed between Almajdouie Motors Co. Ltd and Girnar Software Private Ltd to provide digital services for the automotive sector [2] Group 2 - A JV was approved between Al-Ayuni Investment & Contracting Co. and Ramco Trading & Contracting Co. to offer construction and building services [3] - A JV between Indra Sistemas S.A. and EDGE Group PJSC was established to develop, manufacture, and sell military radar systems [3] Group 3 - GFH Financial Group received approval for the full acquisition of Harris Pye Engineering Group Ltd [4] - Nama United Financing Co. acquired 100% of Tawkelat Finance Co. [4] - United Fuel Co. Ltd acquired a 75% stake in Petrostar Aviation Co. Ltd [4] - Alkifah Holding Co. fully acquired Jussur Emdad Human Resources Co. and MaSa Services Company for O&M [4]

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 1.16% to 3,738.33 points - a new record, the Tel Aviv 125 Index rose 1.64% to 3,794.16 points; and the BlueTech Global Index rose 2.30% to 658.99 points. The All Bond corporate bond index rose 0.54% to 423.54 points. Turnover totalled NIS 5.91 billion in equities and NIS 6.84 billion in bonds. On the foreign exchange market, the representative shekel-dollar rate was set 0.723% lower from Friday, at NIS 3.203/$, and the representative sheke ...

Cash is King – everyone is undoubtedly familiar with this saying. But did you know it rings true for corporations? Especially in today’s volatile economic climate, having a strong cash position is of paramount importance. In this piece, we spotlight five companies that boast strong cash balances: Sheng Siong Group Ltd (SGX: OV8), Wee Hur Holdings Ltd (SGX: E3B), Propnex Ltd (SGX: OYY), Raffles Medical Group Ltd (SGX: BSL), and Riverstone Holdings Ltd (SGX: AP4).What Defines a “Cash-Rich, Rock-Solid” Company ...

Report Industry Investment Rating - No information provided on the industry investment rating Core Viewpoints - Asia IG names were unchanged to 2bps tighter in the morning, with flows favoring higher - yielding issues in greater Asia and LGFV spaces [3] - Macau's gaming industry had solid GGR growth in 2025, and the 2026 target seems conservative [6] - China's PMI signaled a temporary improvement, with expected GDP growth decline from 5% in 2025 to 4.8% in 2026, and potential policy stimulus [3][10][11][15] Summary by Related Catalogs Trading Desk Comments - ARAMCO 35s tightened 1bp, FABUH 30 widened 5bps last Friday [2] - Chinese IG names had spreads changes of 5bps tighter to 4bps wider, NWDEVL Perps rose 0.2 - 1.9pts, VDNWDL 9 Perp increased by 1.4pts [2] - The buy recommendation on NWDEVL 5.25 Perp and NWDEVL 8.675 02/06/28 was changed to neutral, and a buy on VDNWDL 9 Perp was initiated [2] - Lai Sun Development's Chairman made a profit of USD11.3mn from trading LASUDE 26, and LASUDE 26 was up by 0.8pt [2] - Various bonds in different regions and industries had price and spread changes, such as Macau gaming, Chinese properties, JP, and SE Asia [2] Last Trading Day's Top Movers - Top performers included VLLPM 9 3/8 07/29/29 with a 3.3 price change, NWDEVL 5 1/4 PERP with a 1.9 change [4] - Top underperformers included FTLNHD 11.88 09/30/27 with a - 0.9 change, COSL 2 1/2 06/24/30 with a - 0.9 change [4] Macro News Recap - S&P (+0.19%), Dow (+0.66%) and Nasdaq (-0.03%) were mixed last Friday, and Trump made a statement about Venezuela [5] - 5/10/30 year UST yield was higher, with 2/5/10/30 year yield at 3.47%/3.74%/4.19%/4.86% [5] Desk Analyst Comments - Macau Gaming - Macau's GGR in Dec'25 increased 14.8% yoy to MOP20.9bn, and cumulatively in 2025, it increased 9.1% to MOP247.4bn, 84.6% of 2019 level [6] - In 2025, tourist arrival was 40.1mn, up 15% yoy and exceeding the 2019 record [6] - Macau government's 2026 GGR target of MOP236bn seems conservative [6] - MPELs and STCITYs are top picks, WYNMAC'27 and '29 are yield - pick - up plays, and neutral on MGMCHIs, SANLTDs, and SJMHOLs [7] Desk Analyst Comments - China Economy - China's manufacturing PMI rebounded in December but recovery was fragile due to seasonality [10][11][12] - Demand improved with new orders expanding and export orders approaching expansion, deflation pressure eased [10][11][12] - Service PMI remained in contraction, construction PMI rebounded [11][13] - Growth is expected to be under pressure in early 2026, potentially triggering policy stimulus [11][14][15] - Expect a 50bp cut in RRR and a 10bp cut in LPR in 1Q26, an additional 10bp LPR cut in 3Q26, and broad fiscal deficit at 8.5% in 2026 [11][14][15] Offshore Asia New Issues - No new offshore Asia issues were priced on the last trading day [17] - Pipeline issues include BOC Aviation, Export - Import Bank of India, and Hyundai Capital America with various tenors and coupon rates [18] News and Market Color - Onshore primary issuances suspended last Friday during the New Year Holiday [21] - China will broaden fiscal spending in 2026 and prioritize domestic demand [21] - Multiple corporate events such as China Jinmao's redemption, CTF Services' acquisition lapse, and rating changes [21]

Vi e w p o i n t | 30 Dec 2025 23:43:08 ET │ 9 pages China Economics 2025 Ends with PMI Surprise CITI'S TAKE PMIs beat expectations in the final month of 2025. The improving soft data makes us more confident with our long-held 2025 GDP forecast at 5%. Following the recent CEWC, we keep full-year expectations realistic, seeing an "around 5%" growth target and incremental fiscal funds of ~RMB1trn, as likely a ceiling. The pace of policy deployment between now and the NPC could be more important to watch. The ...

中新社上海1月2日电 (记者陈静)上海南北通道浦西段和越江段新建工程2日上午开工，将建成世界最长 中心城区地下连续流道路，系统缓解上海中心城区日益增长的南北向交通压力，优化超大城市交通网络 格局，服务北外滩、陆家嘴等重点功能区发展。 本次开工的南北通道浦西段和越江段新建工程长约6.35公里，建设规模为双向4车道+两侧集散车道，为 小客车专用城市主干路。工程建设单位方面表示，南北通道浦西段和越江段新建工程施工方将研究推进 新型覆罩结构和空气净化系统应用，以绿色技术兑现"施工不扰民、竣工即惠民"的承诺。(完) （文章来源：中国新闻网） 据介绍，南北通道是上海中心城区东部平行于南北高架的一条连续流通道，北起中环大柏树立交， 南 至杨高南路成山路交叉口以北，全长14.55公里。南北通道浦西段和越江段新建工程，建设范围涉及杨 浦、虹口、浦东新区三个行政区，涵盖7个街道、32个居委、36条道路，穿越6条轨交及黄浦江。 据了解，南北通道项目将全面应用建筑信息模型与数字孪生技术，实现从"规、建、运、养"的全链条数 字化管理；依托智能感知与物联网系统，对工程安全、环境影响等进行实时监测与动态优化。该项目通 过提升预制化水平、采 ...

Group 1 - Pascal Grangé will retire in 2026 and has handed over his office as Deputy Chief Executive Officer effective 31 December 2025 [1] - The Board of Directors did not appoint a new Deputy Chief Executive Officer to replace Pascal Grangé, and Stéphane Stoll was appointed Chief Financial Officer on 1 August 2025 [1] - The termination of Pascal Grangé's executive office does not involve specific financial conditions such as severance benefits or non-competition indemnities [2] Group 2 - Pascal Grangé's fixed remuneration is €950,000, with potential variable remuneration subject to performance conditions [2] - The amounts proposed for Pascal Grangé's remuneration will be detailed in the Company's Universal Registration Document [3] - Pascal Grangé will serve as an advisor to the Group's senior management until his retirement, as per the terms of his employment contract [3] Group 3 - Bouygues operates in over 80 countries with 200,000 employees, focusing on construction, energies & services, telecoms, and media [4]