Singapore
16-storey office building in Cecil Street up for sale after massive revamp
16-storey office building in Cecil Street up for sale after massive revamp
It went through 18 months of ‘Additions and Alterations’ exercise.
UOB prices first Panda bond at 3.49%
The offering has a subscription rate of 2.7 times from asset managers and commercial bank investors.
Daily Markets Briefing: STI up 0.65%
Don’t expect gains today.
Chart of the Day: 2 in 5 HDB upgraders bought homes priced at $1-1.5m in 2018
More home upgraders opted for units priced from $1.5-2.5m.
Daily Briefing: Mandarin Gardens Collective Sale's reserve price raised to $2.9b; Temasek to acquire 30% of Denmark-based engineering firm
And GIC to sell shares in Coway to Korean company Woongjin Group.
Mobike hits the brakes on Singapore operations
The firm has proposed to transfer its assets and operations to existing licensees.
Wilmar to takeover Goodman Fielder for US$180m
Goodman Fielder manufactures food ingredients and consumer branded food for Australasia.
Money market funds' assets ballooned 40% to $2.6b in last 2 years
The growth was boosted by offshore funds which are typically used by institutional investors.
Hyflux postpones town hall meeting with shareholders
The firm says they need a bigger venue due to a large number of shareholders wanting to attend.
Singapore suspends Boeing 737 Max flights
This will affect SilkAir, China Southern Airlines, Garuda Indonesia, Shandong Airlines and Thai Lion Air operating in Singapore.
F&N to acquire 60% of printing solutions company Print Lab
Print Lab will become an indirect subsidiary of F&N.
Chart of the Day: Retail rents in Orchard and Suburban Areas expected to grow 2.0% in 2019
Large catchment areas will continue to boost suburban malls.
Daily Briefing: GIC invests in US energy infrastructure Tallgrass Energy; Mixed-use development Selegie Centre sold at $120m
And Singapore-based healthcare startup Docquity bagged US$11m in a series B funding round.
Daily Markets Briefing: STI down 0.14%
Expect muted gains today.
Landed home sales fell 5.8% to 1,780 in 2018
310 homes were sold in District 19.
Reclaims Global opens at $0.179 apiece on trading debut
Its initial public offering (IPO) of 20 million invitation shares at $0.23 each was was approximately 1.03 times subscribed.
Car-selling platform Motorist unveils mobile app for vehicle management
The app notifies users regarding COE renewal, car recalls, road tax expiry and traffic fines.
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