Markets & Investing
Daily Briefing: Finance minister says VCs will have ‘significant role' amidst age of distraction; Orchard Road revamp in the works
And St. Francis Court up for en bloc sale with owners expecting offers above $95m.
STI generates -7.4% total returns
Its 30 constituents averaged a total return of -9.6%.
Temasek to offer first retail bonds up to $400m
The proposed bonds will be open to retail investors for the first time.
Vard to delist by 2 November
The $26.97m exit offer by its parent firm was closed on 15 October.
Daily Briefing: Home sales hit 7,220 units in Q3 YTD; Grab to form JVs with SoftBank-backed firms for SEA expansion
And logistics provider CWT's deputy CEO will step down after 18 years.
SGX embraces FTSE ST Singapore Shariah Index
It has 48 constituents as of launch.
Singapore steps up overseas acquisition spree as offshore deals hit US$91b YTD
This comes from US$41.9b in M&As recorded in the previous year.
Chart of the Day: Big 10 industrial stocks averaged 7.1% returns in September
Sembcorp Marine's total returns hit 21.4%.
Wheelock Singapore to delist following buyout
Shares retained by the public is less than the 10% free float requirement.
Here's why investors ditch developer stocks for REITs
A greater number of foreign investors from Thailand have expressed interest in S-REITs.
Facebook and IMDA launch 6-month accelerator for data startups
Applications will close on 7 December 2018.
GIC nabs crown as Europe's top overseas private equity investor in Q2
It has injected US$14.3b into European businesses from April to June.
DBS, OCBC, and SGX join ASEAN's corporate disclosure champs
They scored 10 in 10 points in a corporate disclosure index.
DBS and capital firm IIX eye US$100m through livelihood bond programme
It targets to help women in Asia to secure sustainable livelihoods.
Daily Briefing: One in 5 sold ECs were purchased at above $1m; Grab to stop car-pooling services during late night hours
And commodities trader Zenrock Group forms JV with China's state-owned marine builder to buy fuel.
Ascott REIT issues $61.37m notes at 0.97%
Proceeds will be used to refinance borrowings.