Markets & Investing
CLI acquires Australian investment firm Wingate for $173m
CLI acquires Australian investment firm Wingate for $173m
The acquisition will boost CLI’s FUM in Australia by over 30%.
What 2025 holds for SREITs
An expert said SREITs will likely have a better year.
Auditor flag going concern for Singapore Institute of Advanced Medicine
The company reported a loss after tax of $37.4m for the year.
Keong Hong dumps 20% shares in JV with MCSK Pte. Ltd
The group selling it for $34.5m.
Most capital goods companies poised for double-digit earnings growth in FY25F
Most defensive growth is expected from STE, which is projected to deliver approximately 15% growth.
ValueMax Group buys Ban Fook Pawnshop for $1.75m
Ban Fook has a net asset of $1.84m in 2023.
Ow Chio Kat buys 155,400 more shares from Hai Sun Hup Group
This increased his direct interest to 43.32%.
Hai Leck founder offers $0.55 per share to privatise company
Cheng holds 88.9% of Hai Leck.
Longbridge Group bags $133m more funding for international expansion
It also launched Longbridge Securities Singapore with no commission fees.
SGX securities trading turnover up 51% in November
SDAV also increased by 51% YoY to $1.44b, a 17% rise MoM.
Temasek launches $10b private credit platform
The platform will be led by Nicolas Debetencourt.
CCCS approves PropertyGuru acquisition by Hedychium
Hedychium Limited is indirectly owned by BPEA Private Equity Fund VIII.
GuocoLand to redeem $400m perpetual securities
The securities were issued under the group’s $3b multicurrency note programme.
Aelios announces mandatory cash offer of $1.16 per unit for Suntec REIT
It acquired an aggregate of 62,541,700 units on 5 Dec.
Temasek Holdings joins $2b investment in Veeam Software
It will raise Veeam’s valuation to $15b.
Australia commits US$50m to Singapore’s green transition initiative
The initiative seeks to accelerate green transition in the Southeast Asia region.
Hong Fok to buy properties in International Building Singapore
Completion of the proposed acquisition is expected to take place in February 2025.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape