Markets & Investing

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.

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.

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.

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.