Markets & Investing

Australia not against Singapore Exchange's bid for ASX

Australia not against Singapore Exchange's bid for ASX

Australia Treasurer Swan has denied market speculation that his government opposes the ASX-SGX merger, said OCBC. 

57% of Asian acquisitions done in Singapore

Singapore-listed Ascott REIT expanded to the Pacific and Europe respectively as they looked to diversify their portfolios and income sources.

Japan earthquake damaged US$38.8mn worth of Global Logistic Properties' total portfolio

The total estimated cost is less than 0.6% of the portfolio value of GLP in Japan.

Repercussions of Japan quake seen to be minimal: Macquarie

Compared to the Kobe quake on 17 January, 1995, Macquarie believes the impact should be lower.

Singapore ranked most targeted nation for mergers and acquisitions volume in SE Asia

The M&A volume totaled US$4.5 billion in Singapore accounted for 40% of total M&A volume in South East Asia.

Singapore's US$2.1bn Equity Capital Market volume ranked second in SE Asia

Indonesia lead the region with US$2.2 billion - the highest YTD volume on record.

CapitaMall Trust raises $250mn 3-yr convertible bonds

The convertible bonds bear an interest of 2.125% per annum, payable half-yearly.

Global Marine Boiler and Engineering convicted of tax evasion

GMBE was ordered to pay a penalty of $421,282.08 and a fine of $8,000 for under-reporting profits amounting to $780,152 for YA 2008.

Temasek Trust appoints Jacqueline Wong as CEO

Ms Wong will help shape the institution as well as its strategic direction and its mission.

Merger between ASX and SGX is the best option going forward:SGX

The approval of Chi-X Global Inc to operate in Australia's main bourse opens the room for stronger political support to Singapore Exchange.

Temasek and Government of Singapore Investment Corporation have recovered their pre-crisis values

Their objective is to achieve good long-term investment returns across economic cycles.

SGX February securities turnover up 32% to $31.5bn

Derivatives volume during the same period surged 39% to 5.2mn contracts from the previous year while the average daily volume was 300,493 contracts.

Singapore Exchange proposes to list rubber futures on derivatives platform

This is part of SGX's plan to bring all commodities contracts onto one single trading platform.

Singapore Exchange lists Dyna-Mac Holdings to mainboard

Through the listing of Dyna-Mac Holdings, Singapore Exhchange boosts its maritime and offshore cluster.

SingTel priced US$600mn 10.5-year notes at 4.5%

The order book closed after registering approximately US$1.8 billion of interest and was oversubscribed by more than three times.

Singapore Exchange expands food sector

Home grown brand, Chew's Group Limited, is now listed on Calatist, under the stock code of "5SY".

CapitaMall's 2-year retail bonds increased to $300mn

The 2-year retail bonds were subscribed 1.9 times, said CapitaMall Trust.