Markets & Investing
Independent director Ong Lian Jin Colin gains 0.011% stake in CDL
Independent director Ong Lian Jin Colin gains 0.011% stake in CDL
He acquired 100,000 shares at $5.80 apiece.
CapitaLand Ascott Trust gains full ownership of Standard at Columbia
It acquired the remaining 10% stake in the property.
iFast prices $100m notes due 2029 at 4.328%
It is payable semi-annually in arrears.
ESR entities challenge voting ban on Sabana REIT trust deed amendments
The trustee of Sabana REIT is considering the appeal.
Singapore REITs book $790m in net outflows
The iEdge S-REIT Leaders Index fell 12.3% year to date.
Singapore and Indonesia drive SEA private equity deals in 2023
Last year, however, deal volume fell by 24%.
Sustainability investments decline as Singapore CEOs focus on AI
About 6 in 10 CEOs have deprioritised sustainability since last year.
Mapletree Industrial Trust Management promotes CFO Ler Lily to CEO
Khoo Geng Foong will replace Lily as CFO.
CapitaLand India Trust secures $200m sustainability-linked loan
It will use the loan to refinance existing RCFs.
Marketnode completes Series A funding led by HSBC and Temasek
The startup will use the investment for platform expansion.
iFast launches $300m debt programme
OCBC will act as the programme’s sole arranger and dealer.
Singapore assets boost Link REIT FY24 NPI by 9.5% YoY
Despite improved NPI, the REIT’s full-year DPU fell to HK$2.6265 (S$0.45).
Non-operational losses push Mapletree to $577.2m net loss in FY23/24
It saw valuation declines in its US, Europe, and Australia office portfolios.
Healthcare sector sees renewed interest from corporate buyers
The healthcare industry recorded a deal value of US$1.13b (SG$1.53b) between January and April.
ARA H-Trust sells managers to tycoon Gordon Tang
Tang's children also acquired 19.0% of the trust's stapled securities.
Yangzijiang Financial clarifies role with maritime entry
The company assured it will have a different role from its sister company.
Banks, utilities top Morgan Stanley's top stocks in Singapore
DBS, OCBC, Singtel, Sembcorp and Genting are its top picks.