Markets & Investing
Jardine Matheson projects modest profit decline in 2024
Jardine Matheson projects modest profit decline in 2024
The company cited market conditions for the profit decline.
Sabana REIT postpones May 24 EGM
The REIT postponed the EGM due to a High Court hearing on the Abeyance Application.
Cromwell Property Group divests its entire CEREIT stake to Stoneweg
It sold 156,233,700 units at €1.52 per unit.
Fewer investors commit over 40% to ESG in portfolios
Only 28% did so in 2023, down from 37% in 2021.
Report shows ESG investing in Singapore declining
Biggest barrier to investing was skepticism about the performance of these funds.
Temasek and Warburg Pincus to acquire Specialist Risk Group
The acquisition is subject to regulatory approvals.
Daily Markets Briefing: STI down 0.19%; SGX is top stock
SGX reported a 2.50% increase.
Specialist sustainability consultancy ERM expands SEA hub in Singapore
The is seen to generate 40 new roles.
NetLink NBN Trust continues to offer high yields, safety: analysts
UOB Kay Hian and CGS maintained a “buy” rating.
Singapore-based firms top private equity deals in Southeast Asia: EY
Private equity activity across the region went up 31% to U$586m last quarter.
Keppel REIT secures ₩131b revolving credit facility
The facility is HSBC Institutional Trust Services-guaranteed.
Deal activity in Singapore drops 15% YoY in the first 4 months of 2024
Deal activity also dropped across APAC.
Mapletree successfully closes Japan logistics fund
MAJIC is expected to manage over $1.0b in assets.
Osome raises $22.91m to boost profitability
This was generated through a mix of equity and debt.
Netlink NBN Trust reports 1.1% higher DPU for FY24
The company attributed the increase to higher revenue.
Daily Markets Briefing: STI up 0.47%; MapleTree Pan Asia is top stock
MapleTree Pan Asia Commercial Trust saw a 4.10% growth.
Yangzijiang Financial to seek approval for maritime diversification at EGM
The company will hold the EGM on 31 May.