Markets & Investing
Non-operational losses push Mapletree to $577.2m net loss in FY23/24
Non-operational losses push Mapletree to $577.2m net loss in FY23/24
It saw valuation declines in its US, Europe, and Australia office portfolios.
Healthcare sector sees renewed interest from corporate buyers
The healthcare industry recorded a deal value of US$1.13b (SG$1.53b) between January and April.
ARA H-Trust sells managers to tycoon Gordon Tang
Tang's children also acquired 19.0% of the trust's stapled securities.
Yangzijiang Financial clarifies role with maritime entry
The company assured it will have a different role from its sister company.
Banks, utilities top Morgan Stanley's top stocks in Singapore
DBS, OCBC, Singtel, Sembcorp and Genting are its top picks.
Jardine Matheson projects modest profit decline in 2024
The company cited market conditions for the profit decline.
Sabana REIT postpones May 24 EGM
The REIT postponed the EGM due to a High Court hearing on the Abeyance Application.
Cromwell Property Group divests its entire CEREIT stake to Stoneweg
It sold 156,233,700 units at €1.52 per unit.
Fewer investors commit over 40% to ESG in portfolios
Only 28% did so in 2023, down from 37% in 2021.
Report shows ESG investing in Singapore declining
Biggest barrier to investing was skepticism about the performance of these funds.
Temasek and Warburg Pincus to acquire Specialist Risk Group
The acquisition is subject to regulatory approvals.
Daily Markets Briefing: STI down 0.19%; SGX is top stock
SGX reported a 2.50% increase.
Specialist sustainability consultancy ERM expands SEA hub in Singapore
The is seen to generate 40 new roles.
Singapore-based firms top private equity deals in Southeast Asia: EY
Private equity activity across the region went up 31% to U$586m last quarter.
NetLink NBN Trust continues to offer high yields, safety: analysts
UOB Kay Hian and CGS maintained a “buy” rating.
Keppel REIT secures ₩131b revolving credit facility
The facility is HSBC Institutional Trust Services-guaranteed.
Deal activity in Singapore drops 15% YoY in the first 4 months of 2024
Deal activity also dropped across APAC.
Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape