Markets & Investing
Marco Polo Marine’s gross profit up 2.6% to $14.6m in Q3
Marco Polo Marine’s gross profit up 2.6% to $14.6m in Q3
This was despite a 4.6% decline in revenue.
Food Empire secures US$40m investment from Ikhlas Capital
In exchange, Food Empire will issue 5-year redeemable exchangeable notes.
ESR Group plunges into US$57.9m loss in H1
The group attributed the loss to non-cash adjustments.
DBS prices Temasek's dual-tranche offshore CNY bonds
The bonds were priced at fixed rates of 2.75% and 3.10% per annum.
Which REITs will benefit most from rate cuts?
Experts expect two 25bps cuts in 2024.
Singapore ranks 47th in the Global Business Complexity Index
The index described Singapore as a "relatively easy jurisdiction for business."
Temasek issues dual tranche of 10-year and 30-year offshore CNY bonds
The bonds will be issued under the US$25b Guaranteed Global Medium Term Note Programme.
EQT Private Capital Asia to acquire PropertyGuru for US$1.1b
The transaction is expected to close in Q4 2024 or Q1 2025.
PropertyGuru enters into definitive merger for USD 1.1 billion
Southeast Asia’s leading property technology company, today announced that it has entered into an agreement and plan of merger with affiliates of BPEA...
SGX FX taps MUFG as new liquidity provider
The partnership aims to provide an extensive level of liquidity.
CapitaLand Investment unit prices $350m senior notes due 2035
The notes are offered at a fixed rate of 3.58% per annum.
OIO Holdings wins case with ex-chairman, court orders $12,000 payment
Fan Chee Seng filed a case against the company for wrongful termination.
CapitaLand Investment redesignates Gabriel Lim as non-independent director
This follows Lim's retirement from MTI and recent appointment at Temasek.
ESR-Logos issues new $100m securities priced at 6%
Funds raised will be used for acquisitions and investments.
Straits Trading's EBITDA declines15.7% amidst trade, policy uncertainties
Earnings per share is 1.2 Singapore cents for H1.
CapitaLand Investment secures initial $222m for China business park fund
CBPF III is expected to boost CLI’s funds under management by $370M when fully deployed.
United Hampshire US REIT’s NPI slips 1.7% YoY to US$25.4m in H1
The REIT cited the divested Big Pine Center for the decline.
Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape