Markets & Investing
GLS tenders boost property investments to $6.5b in Q2
GLS tenders boost property investments to $6.5b in Q2
Investments rose 64.1% QoQ and 71.1% YoY.
Intouch and Gulf Energy announce merger to form new public entity ‘NewCo’
Shares of ‘NewCo’ will be listed and traded on the Stock Exchange of Thailand.
Singapore stock market kicks off H2 with $400m in net institutional inflows
DBS led the inflows among the STI constituents.
Elite UK REIT inks £135m refinancing deal
Proceeds will go to refinance existing loan facilities.
Thomson Medical issues new series of notes worth $45m
The notes are under the $1,000,000,000 Multicurrency Debt Issuance Programme.
Singapore REIT rally seen as rate cut speculation intensifies: DBS
Clients prefer REITs with heavy exposure on Singapore real estate.
CLI raises $186m in final tranche of panda bond
Including the first tranche, CLI raised $372m through its sustainability-linked issuance.
Mohamed Salleh and family want to take Second Chance Properties private at $0.30 per share
The offeror owns 85.07% of the company’s shares.
Wealth inequality in Singapore surpasses other APAC nations
Inequality rose by 22.9% between 2008-2023.
SME performance up in Q2 2024, but expert predicts a flat year
In Q2, the OCBC SME Index hit 50.2, ending five quarters of contraction.
Temasek’s net portfolio value rises to $389b in FY 2024
The firm’s unlisted portfolio also grew by $31b.
Keppel DC REIT to acquire Tokyo Data Centre 1 for $201m
This marks Keppel DC REIT’s entry into Japan.
Azalea offers Astrea 8 retail bonds for public subscription
It is offering $260m Class A-1 and US$50m Class A-2 bonds.
Singapore investors pivot to ‘risk on’ approach ahead of expected rate cut: survey
Majority invest for long-term capital accumulation while nearly a third invest for income.
Temasek’s portfolio up 1.8% as returns from US, India pick up
China investments, meanwhile, underperformed.
Second Chance Properties requests a trading halt
It issued the request on 10 July, 7:37 am.
Why investors are shifting capital to US tech stocks
Seven in 10 investors allocate 75% of their equity to the US market.