Markets & Investing
Sasseur REIT extends the maturity of $58m sponsor loan by 1 year
The loan will mature in March 2025.
FCT divests stake in Hektar REIT for $36.7m
The company divested over 140 million units in the REIT.
Succession: Entrepreneurs reveal their preferred choices for wealth allocation
Singaporean investors are more likely to invest in future businesses.
ST Telemedia to skip $350M perpetual securities redemption on January 2024
The distribution rate of securities will remain at 5.00% per annum.
Dasin Retail Trust lender says internalisation of trustee-manager could delay debt restructuring
Minority investors tout the internalisation as cost-saving which could push distributions higher.
Elite Commercial REIT portfolio valuation drops to $697.5m
The valuation covers 150 properties.
SGX to launch new listing requirements for active ETFs
AUM of ETFs in Singapore has doubled since the end of 2019 to over $10b as of October 2023.
Singapore net inflows hit $263.18m in 3Q23
Equity and fixed-income funds reported inflows during the quarter.
Keppel to acquire initial 50% stake in Aermont Capital for $517m
The company expects to complete its stake acquisition in 1H24.
Nearly 8 in 10 of Singapore's wealthiest investors will divest from non-sustainable firms
Financially abundant investors prioritise ESG and sustainability factors the most when investing.
Yangzijiang Financial to invest $1b outside China over next 5 years
The company plans to increase its investments outside China over the next five years to 50%.
Singapore is 3rd in Asia with most unicorn startups: study
Singapore unicorn companies have an average valuation of $5.93b.
Less than a quarter of SGX-listed issuers have disclosed plans to achieve board diversity: study
Only a few have also reported progress on their board diversity targets.
Enterprise Singapore opens San Francisco Overseas Centre
The San Francisco centre is the agency's third office in the US.
Boustead Singapore makes an exit offer of $1.18 per share for Boustead Projects
The exit offer is unconditional.
SG’s deal volume drops 21.3% YoY in January-October 2023 period
The decline in deals was also observed across multiple APAC markets.
Commentary
Digital identity in the age of AI: Singapore’s strategic advantage
Why Singapore-based firms still underestimate the human side of doing business in North Asia
Singapore's hiring slowdown: A call for data-driven resilience
When it comes to AI, there is no such thing as too many chefs
The agility trap: Why most Singaporean businesses are structured for stability, not speed
Building a Southern Malaysia supply chain ecosystem for Singapore’s advanced manufacturing
Failed talks, rising costs: Why Singapore still feels the shock of Middle East tensions
How Singapore consumer brands can build strong supply chains amidst rising input costs
Singapore’s AI ambitions will rise or fall on infrastructure
Why a clear digital roadmap is essential for business success