Markets & Investing
PSC chairman eyes acquisition of remaining company shares
PSC chairman eyes acquisition of remaining company shares
The move follows his recent share purchase from Sin Huat Company.
Grand Venture Technology’s shareholders to sell 64% stake
Dutch firm Aalberts Advanced Mechatronics is offering $0.94 per share.
FTSE ST Industrial Index outpaces STI
The sector has recorded $588m in net institutional inflows this year, led by Singtel.
Hong Leong unit unveils employee equity plan
The plan is to incentivise the company’s employees to remain ‘dedicated and loyal.’
SERT posts $37.4m gain in June
A key contributor to growth was SERT’s pivot toward the logistics and light industrial sector.
Thakral commits $6.3m to Riverwalk Fund II in India
PIPL will subscribe ₹420m for Class B units in Riverwalk Fund II, an Indian-domiciled, SEBI-registered Category II Alternative Investment Fund (AIF).
Second-generation Singapore artists attract interest
Younger collectors with tighter budgets are drawn to their art.
NTT DC REIT to raise $987.93m in Singapore IPO
It's set to be the biggest the SGX’s biggest REIT initial public offering.
No mega-deals as Singapore M&A market slumps
Deal value fell 7% year on year, whilst volume dropped 27%.
ESR reshuffles exec team amidst privatisation move
The company delisted from the Hong Kong Stock Exchange on 3 July.
mm2 Asia seeks to raise $15m in a placement round
The company will issue 1,875,000,000 new ordinary shares.
Startup funding dips 4.29% MoM in June
Startups raised $254m in June, down from $265m in May.
Singapore, UK deepen joint efforts on asset tokenisation
It aims to drive greater adoption of tokenised assets in both markets.
Sanli Environmental seeks $4m in placement round
The issue price is at $0.12 per share.
CapitaLand India Trust issues $100m perpetual securities at 4.4% fixed rate
This is part of its $1.5b debt issuance programme.
Sembcorp subsidiary lists $300m fixed-rate notes
The notes are due in 2046.
Commentary
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