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SGX:EB5 8 December 2025

First Resources Ltd (SGX:EB5): Q3 2025 Profit Surge, ANJ Acquisition and West Papua Exit Reframe the Palm Oil Story

First Resources Ltd (SGX:EB5): Q3 2025 Profit Surge, ANJ Acquisition and West Papua Exit Reframe the Palm Oil Story

First Resources Ltd shares have surged to S$2.09, up 36% over 12 months, after reporting Q3 2025 sales of US$463.3 million, up 82.5% year-on-year. Net profit for the quarter rose 43.5% to US$87.5 million. The company completed a major Indonesian acquisition and sold debt-laden West Papua assets. Analysts have upgraded the stock and raised target prices.
8 December 2025
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Stock Market Today

  • Elon Musk's SpaceX Begins Trading with Largest IPO Ever
    June 12, 2026, 1:20 PM EDT. SpaceX founder Elon Musk revealed he initially gave the company less than a 10% chance of success. Despite early doubts, SpaceX has launched the largest initial public offering (IPO) ever, starting public trading from its Texas headquarters. The ceremonial trading start was marked simultaneously at Nasdaq in New York and in Texas, highlighting the company's significant market debut.

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