Markets & Investing
Moody’s joins MAS Project Guardian
Moody’s joins MAS Project Guardian
It will provide risk analysis for tokenized fixed-income products.
Keppel Pacific Oak US REIT bags US$115m loan facility
The loan facility was obtained through a facility agreement on 19 July.
Singapore’s AUM reaches $5.41t in 2023, up 10% YoY
It grew in line with the 10% CAGR over the past five years.
Astrea 8 bonds achieve a 3.1x subscription rate
Class A-1 bonds had a 2.9x subscription rate, whilst Class A-2 had 3.9x.
29 most traded SGX stocks book double-digit returns
Companies in the maritime and offshore services sectors led the gains.
GLS tenders boost property investments to $6.5b in Q2
Investments rose 64.1% QoQ and 71.1% YoY.
Intouch and Gulf Energy announce merger to form new public entity ‘NewCo’
Shares of ‘NewCo’ will be listed and traded on the Stock Exchange of Thailand.
Singapore stock market kicks off H2 with $400m in net institutional inflows
DBS led the inflows among the STI constituents.
Elite UK REIT inks £135m refinancing deal
Proceeds will go to refinance existing loan facilities.
Thomson Medical issues new series of notes worth $45m
The notes are under the $1,000,000,000 Multicurrency Debt Issuance Programme.
Singapore REIT rally seen as rate cut speculation intensifies: DBS
Clients prefer REITs with heavy exposure on Singapore real estate.
CLI raises $186m in final tranche of panda bond
Including the first tranche, CLI raised $372m through its sustainability-linked issuance.
Mohamed Salleh and family want to take Second Chance Properties private at $0.30 per share
The offeror owns 85.07% of the company’s shares.
SME performance up in Q2 2024, but expert predicts a flat year
In Q2, the OCBC SME Index hit 50.2, ending five quarters of contraction.
Wealth inequality in Singapore surpasses other APAC nations
Inequality rose by 22.9% between 2008-2023.
Temasek’s net portfolio value rises to $389b in FY 2024
The firm’s unlisted portfolio also grew by $31b.
Keppel DC REIT to acquire Tokyo Data Centre 1 for $201m
This marks Keppel DC REIT’s entry into Japan.
Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape