Markets & Investing
ZTS Holdings raises stake in GS Holdings to 14.34%
ZTS Holdings raises stake in GS Holdings to 14.34%
Total consideration paid for the shares was $120,601.66.
ZTS Holdings Pte. Ltd. has increased its stake in GS Holdings Limited, the latter announced...
Jubilee subsidiary sells plastic manufacturing factory for $1.8m
WE Total Engineering will use the proceeds for its working capital needs.
Meet 9 Singapore students with promising business ventures
Their ventures all aim to empower people through education and technology.
SG one of the top sources and destinations of capitals
The city-state ranked second in capital destinations for land developments.
Experts predict continued Fed rate cuts to boost REITs until 2026
REITs have rally potential and could catch up with global peers due to attractive yield spreads.
Dasin Retail Trust board faces opposition on China leadership changes
The minority wants to retain Zhang Zhongming as an executive director.
Payment delays among Singapore companies drop to 3-year low
Slow payments fell to 44.0% in Q3 2024.
Metech enters $3m interest-free loan agreement with unit general manager
The loan will be used for business diversification and general corporate and working capital purposes.
COTD: Singapore leads tech startup funding in Southeast Asia
In 9M 2024, Singapore contributed 62% of the total $2.3b funding.
STI dollar-cost averaging yields 5.7% CAGR since 2019
The STI generated a 37% total return, outperforming other indices.
Dollar-cost averaging (DCA) into Straits Times Index (STI) exchange-traded funds...
UOB extends takeover offer for Silverlake Axis shares to 21 October
UOB said that the offer is final and there will be no increase in the offer consideration.
ESR Group privatisation bid gains Qatar sovereign wealth fund’s backing
The wealth fund’s owned company holds 127.3 million shares in the ESR Group.
Mencast shareholder sells 5.12 million shares for $150,178
Their total percentage of total shares decreased to 4.63% from 5.74%.
BlackRock buys additional 299,900 shares from Capitaland Ascendas REIT
This brings BlackRock and its subsidiaries’ total interest in Capitaland to 7%.
New debt rules may boost appeal of Singapore REITs
The higher debt and interest ratios would let them compete better with regional peers.
Six in 10 CEOs shift to proactive portfolio management
They plan to pursue M&A and IPO transactions.
GIC to acquire 25% stake in Reworld™ from EQT Infrastructure
It expects to close the transaction in Q1 2025.
Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape