Markets & Investing
CCCS seeks public feedback on Hedychium’s proposed acquisition of PropertyGuru
CCCS seeks public feedback on Hedychium’s proposed acquisition of PropertyGuru
Feedback submission will close on 18 November.
Singapore leads APAC in life sciences investments
Amongst notable deals in 9M24 is the US$206m acquisition of Ho Bee Land’s Elementum.
Koh Wee Lih leaves Keppel REIT Management to assume new role at Keppel
He will serve as Keppel's managing director for business development.
SMI Vantage cancels expansion plans amidst delisting
The company has a net current liability of US$937k.
Yongmao Holdings expects low net profit for H1 2025
This is due to higher freight charges from higher rates.
First REIT's net property income drops 6.0% YoY in 9M 2024
The REIT attributed the decline to the yen and rupiah's depreciation against SGD.
CICT completes acquisition of 50% stake in ION Orchard
It acquired the shares from CapitaLand Investment Limited.
ESR-LOGOS REIT’s NPI falls 6.5% YoY in Q3 due to divestments
It divested 11 non-core assets.
Singapore extends depository receipts to 5 Hong Kong firms
This allows Singaporean investors new investment options in Hong Kong.
Loss of MIT status ‘beyond control’—FHT
The group’s Australian subsidiary lost its MIT status due to a share swap transaction.
Temasek's Seviora and Mubadala Capital to explore global co-investments
The partners will focus on growth markets in Singapore and the UAE.
LMIRT's NPI falls 6.5% YoY to $28.6m in 9M on higher operating expenses
In 9M 2023, LMIRT recorded an NPI of $30.6m.
Far East Hospitality Trust’s net property income falls 6.8% on lower revenue
Gross revenue fell 4.8% YoY to $28.75m.
Hongkong Land shifts strategy, exits build-to-sell in Asia
It will redirect capital from the segment to new integrated commercial property ventures.
CapitaLand Ascott Trust's gross profit up 8% on portfolio reconstitution efforts
These efforts include acquisitions and asset enhancement initiatives.
Mapletree Industrial Trust’s NPI up 4.6% in Q2 to $134.5m
It attributed the increase to contributions from the Osaka Data Centre.
Higher contributions from Singapore lift Starhill Global REIT NPI by 1.4% YoY
Perth assets also contributed.
Read Here
Advertise
Sign Up
Commentary
Liquidity crucial to stock market reform
From ownership to access: Unlocking vehicle productivity in Singapore
Why Singapore schools need AI policies now: A chemistry teacher’s warning