Singapore
PGIM Real Estate AsiaRetail Fund's assets could propel Frasers Property's retail mall position
PGIM Real Estate AsiaRetail Fund's assets could propel Frasers Property's retail mall position
Frasers raised its stake in the fund to 47.82% for $601.5m.
PUB slams Hyflux investor's basis for withdrawing from restructuring deal
SM Investments gave Hyflux two weeks to resolve its default or it will terminate the restructuring deal.
Pine Capital requests for trading suspensions as its subsidiary causes potential conflict of interest
The group will appoint an independent reviewer to investigate the allegations.
Property investment sales eased 31.4% to $3.59b in Q1
The residential sector accounted for 30.4% of sales volume.
ThaiBev launches luxury InverHouse whisky portfolio
The offerings focus on Ready to Drink spirits like the Kulov Max 7 vodka.
Oxley appoints consultants as it looks for Mercure and Novotel's new buyer
This follows the firm’s termination of its LOI from Gracious Land.
InstaRem partners with First Data for prepaid card issuance services
The solution will be rolled out in Singapore, Europe and Australia.
Daily Markets Briefing: STI up 0.19%
Expect muted gains today.
Daily Briefing: GIC and Temasek ate up 60% of sovereign fund deals in 2018; Singaporean PE firm Tembusu Partners invests $201.4m in Chinese projects
And luxury property Boulevard 88 sold 20 out of 25 units for $3,550 psf.
Chart of the Day: Delay in industrial property completions in 2018 to boost supply in 2019
Supply in single-user factory spaces could jump by c.9%.
How much are CEOs in top Singapore-listed companies paid?
Compensation of CEOs from the top 30 listed companies typically range between $4m-$5m.
Cache Logistics Trust acquires logistics warehouse and office facility in Australia for $39.7m
The property is currently 76% anchored by a Melbourne-based transport and logistics company.
Singapore hopeful for China-backed Asia trade pact this year
The trade minister said he was hopeful that the trade pact could be sealed by the end of 2019.
Singapore gets first guilty plea in $8b penny stock scheme
Key accomplice Goh Hin Calm was sentenced to 36 months imprisonment by Singapore’s High Court.
MAS develops in-house tool to detect rogue trading behaviour early
It predicts the likelihood that market manipulation has occurred based on trade analysis and past cases.
Vietnamese ride-hailing firm FastGo to launch in Singapore in April
Driver-partners can register on 1 April, whilst customers can book rides on 30 April.
Frasers Property raises stake in PGIM Real Estate AsiaRetail Fund to 47.82% for $601.5m
Earnings are expected to grow to $511m after its acquisitions.
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