SGX:5OI 12 December 2025

Biggest SGX Stock Losers Today (12 Dec 2025): VCPlus, Singapore Paincare, Ascent Bridge Sink as STI Jumps

The FTSE Straits Times Index rose 1.27% to 4,578.10 after the US Fed’s rate cut, but several Singapore stocks dropped sharply. VCPlus fell 33.33%, Bromat Holdings lost 20.69%, and Keppel REIT slid 6.31%. Ascent Bridge and Hotel Properties Limited each dropped S$0.08. Microcaps and select REITs led the declines despite the broader market gain.

12 December 2025

SGX:43E·SGX:541·SGX:5MD·SGX:5OI·SGX:5WV·SGX:9I7·SGX:AWG·SGX:CIN·SGX:FRQ·SGX:R14·Stock Market

Boston's Merlin Becomes First Tech Company of 2024 to List on Nasdaq via SPAC
March 20, 2026, 4:44 PM EDT. Merlin, a Boston-based autonomous aviation startup, went public on Nasdaq on St. Patrick's Day through a special purpose acquisition company (SPAC) merger with Inflection Point. Shares closed Monday at $9.03 under ticker MRLN. The company, which develops technology for reduced-pilot and pilotless flight, recently secured a $105 million U.S. defense contract involving Lockheed Martin's C-130J airlifter. With roughly $200 million in proceeds from the SPAC deal, Merlin plans to double its 200-person workforce and relocate to larger Boston-area facilities. Founder Matt George called the NASDAQ debut a significant milestone for the company and Boston's tech sector.