Markets & Investing
CLI to expand global footprint with new growth focus
CLI to expand global footprint with new growth focus
The company aims to double its FUM and operation earnings.
Union Steel acquires 680M Eneco Energy shares for $7.48m
The company will explore potential cross-selling and cost mutualisation opportunities.
CLI names new CEO and CIO for Australia division
Angelo Scasserra will be CEO of CLI and Rahul Bharara will be CIO.
Temasek Holdings raises stake in ST Engineering to 51%
Temasek bought 77,700 shares through DBS Bank via a market transaction.
OUE REIT issues $120m green notes at 3.90% due 2031
The notes are issued under the $2b Multicurrency Debt Issuance Programme.
Singapore captures over half of seed deals in SEA
Singaporean investors account for 22% of all seed funding participation.
Hanwha Ocean closes conditional cash offer for Dyna-Mac with 95.15% ownership
This will enable Hanwha Ocean to delist Dyna-Mac
Oneteam raises $3.5m in seed funding round
The fund will mostly be allocated to acquire small businesses.
Keppel DC REIT raises $1.1b in oversubscribed equity fundraising exercise
Its upsized private placement was 3.4 times subscribed.
CLI to acquire 40% stake in SC Capital Partners for $280m
CLI will fully acquire SC Capital Partners by 2030.
Singaporean investors seen raising US market allocation to 22% after Trump election
Due to interest rate changes and Trump’s economic policies.
Government land sales market activity to remain steady in 2024 amidst strong developer interest
Total investment increased 30.2% to $8.2b.
Keppel DC REIT manager launches $985m equity fundraising for acquisitions
It acquired two data centres at 82 Genting Lane.
Singapore stock valuation may gain 20% with CPF fund reallocation: report
It will also likely boost returns to CPF members, Morgan Stanley says.
Singapore deal volume drop 17.6% in 10M 2024
Overall APAC deal volume dipped 4.8%.
Keppel Infrastructure Trust to buy 50% stake in Keppel Marina East Desalination
As the sponsor, this will entitle Keppel Infrastructure Trust to 100% economic benefit from MEW.
Patec Group’s offer to Broadway Industrial turns unconditional
The group’s offer has exceeded 50% of voting rights.
Read Here
Advertise
Sign Up
Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape