Markets & Investing

Link REIT adds two independent directors to board

One of the new directors is the manager of Mapletree Industrial Trust.

Hongkong Land’s Q3 profit rises on China build-to-sell completions

However, the company will no longer pursue new standalone build-to-sell projects.

Wavemaker Partners launches $40.37m fund for SEA Series B startups

It aims to back eight to 12 companies, investing between $4m to $10.76m.

Over 1 in 2 Singapore firms plan overseas expansion in 2024

The top markets for expansion are Vietnam, Indonesia, and Thailand.

Singapore commits US$500m to boost Asia’s green and transition projects

The government will also examine strategies for advancing carbon markets.

EC World REIT net property income down 7.8% in Q3

Revenue for the quarter also decreased by 7.1%.

BlackRock and MAS to launch debt program for decarbonization projects in SEA

They seek to raise around US$5b from public and private sources.

DBS CEO Piyush Gupta sells 300,000 shares for $12.6m

The CEO sold the shares in two separate transactions.

Singapore dominates SEA’s largest PE deals in Q3

Private equity deal value across the region went up 8% to U$6.1b QoQ.

Winking Studios proceeds with LSE listing at $0.26 IPO

The placing price per share represents an 11.3% discount.

Second Chance Properties to delist on 13 November

It was privatised by its founder and CEO.

DHLT’s NPI rises 2.8% YoY to JPY3.7b in 9M FY24 on portfolio strength

Despite higher NPI, DLHT reported a 5.5% YoY lower distributable income.

Bahrain draws US$100m Singapore investment

Firms invested in Bahrain’s finance, ICT, and tourism sectors.