Markets & Investing

Vertex Ventures SEA and India closes round for US$305m fund

Vertex Ventures SEA and India closes round for US$305m fund

It will back Series A tech startups in fintech, consumer internet, and enterprise technology.

Bahrain accelerates setup process for Singapore startups

Startups can get guidance from Bahrain’s accelerators as well as financial grants.

Mapletree Industrial Trust raises $400m through oversubscribed private placement

It will be used to partially fund acquisitions and investments in North American data centres.

Mapletree Industrial Trust to raise $350m through private placement

It will be used to fund the acquisition of data centres in North America.

Keppel DC REIT to raise $473.8m to fund acquisitions

It will be used to buy 99% in Keppel DC Singapore 4 and 1-Net North Data Centre.

Keppel unit sells 51% stake in DataCentre One for $102.9m

The proceeds will be used for other acquisitions and refinancing purposes.

GIC-led consortium invests $690.18m in retail company VCM

The consortium now holds a minority stake in VCM.

Top 30 stocks by turnover outpaced STI in 8M19

These companies saw returns of 11.5% compared to the benchmark’s 4.8%.

Ascott Residence Trust issued $150m in fixed rate perpetual securities

It will be used to fund the redemption of $150m 5% perpetual securities.

Temasek joint venture to invest nearly $70m in supply chain startups

Reefknot Investments will focus on series A and B rounds of startups.

Share buyback consideration hits $70.1m in August

23 SGX-listed stocks bought back 71.5 million shares.

Offshore bonds issued by Chinese property developers plunged to $1.6b in August

About $3.7b are set to mature for the remainder of the year.

CPF assets up 6.63% to $374.87b in 2018

It is ranked as the world's ninth largest pension fund.