Markets & Investing
Why angel investors remain optimistic despite startup failure rate
Nearly half reported positive gains, with 22% experiencing losses, whilst 36.1% did not track.
Singaporean property investors face tougher tax rules in Australia
The tax update could lead to penalties and reassessments potentially reaching tens of thousands of dollars.
Wing Tai chairman’s wife acquires 70,000 shares
The financial details of the purchase were not disclosed.
Noel Gifts CEO buys additional 252,800 shares
His total interest in the group is now at 46.72%.
CICT fully redeems $150m fixed rate notes at 3.05% due 2024
The notes were issued under the US$2b Euro Medium Term Note Programme.
Tuan Sing CEO buys additional 900,600 shares from Nuri Holdings
This increases his total interest in the company to 53.89%.
Singapore investors lag in retirement planning
Only four in 10 have started planning for retirement.
CLI aims to 'more than double' India funds under management by 2028
As of 30 June, CLI's FUM in India was $7.4b.
CICT solidifies position as Singapore's largest retail landlord with 50% ION Orchard stake acquisition
The company’s total portfolio value will increase to $26.4b from $24.5b.
CapitaLand Investment to divest 50% stake in ION Orchard to CICT
It will have recycled $3.6b in capital year-to-date following the divestment.
Goh family closes Ossia International buyout offer with 85.92% shares acquired
The family received valid acceptances for 23.5 million shares.
Hiap Hoe chairman Teo Ho Beng buys additional 500,000 shares
This increases his total interest in the company to 75.29%.
GIC acquires Daiwa House’s flagship logistics facility in Yokohama
The asset spans an area of more than 126,000 square meters.
Former president Halimah Jacob joins SIAS as new chief patron
She will replace fellow former president Tony Tan.
Chris Chong ends tenure as CLI retail and workspace head for SG and Malaysia
Ervin Yeo will succeed Chong.
ESR Group names Brett Krause interim board chairman
The group aims to appoint a new chairman by Q1 2025.
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