Markets & Investing

Novo Tellus Alpha Acquisition opens at $5 in SGX debut

It’s the third SPAC to be listed on the mainboard.

Singapore EDB lures $11.8b in fixed asset investments in 2021

The investments are expected to create over 17,000 jobs.

Mapletree Industrial Trust DPU grows 6.4% in Q3 FY21/22

The growth was supported by the portfolio acquisition of data centres in North America.

SGREIT's net profit rises 7.2% YoY to $69.64m in H1 FY21/22

Despite a profit increase, income available for distribution declined by 1.3%.

ESR REIT ups offer for ALOG merger to $0.97 per unit

The revised offer will increase ALOG’s DPU accreditation to 12.8%.

Pegasus Asia’s Singapore SPAC public offer subscribed 7.8 times

The SGX listed SPAC raised $23.4m from the offering.

9 in 10 Singaporeans plan to increase crypto investments in 2022

They believe crypto's value will increase in the next five years.

Vertex SPAC’s public offering subscribed 36 times

The company offered 0.6 million units at $5 each.

These 3 factors will drive investment growth in 2022

ESG, millennials, and ageing savers emerged as the top factors.

Keppel DC REIT completes London Data Centre acquisition

It is the second data centre in the Greater London urban area.

DBS named APAC’s top green, sustainability-linked mandated lead arranger 2021

The bank extended $4.86b in green syndicated and club loans across 40 deals.

Market update: STI rose 0.58%

UOB posted the highest gain, increasing 2.13%

First REIT recommends voting for Japan nursing homes acquisition

They also endorsed the settlement of terminated development works.

What trends will emerge for SMEs this 2022?

Digitalisation remains king for businesses to grow this year.

Financial Insights: Late bloomer SG IPO market surpasses 2020 performance

Singapore firms scramble to go public in the last month of the year.