Markets & Investing
Keppel Infrastructure Trust to buy 50% stake in Keppel Marina East Desalination
Keppel Infrastructure Trust to buy 50% stake in Keppel Marina East Desalination
As the sponsor, this will entitle Keppel Infrastructure Trust to 100% economic benefit from MEW.
Patec Group’s offer to Broadway Industrial turns unconditional
The group’s offer has exceeded 50% of voting rights.
S’pore investors boost crypto confidence despite security and custody concerns: report
Sixty-five percent of Singapore investors reported an increased risk appetite for the asset class.
Link REIT adds two independent directors to board
One of the new directors is the manager of Mapletree Industrial Trust.
Hongkong Land’s Q3 profit rises on China build-to-sell completions
However, the company will no longer pursue new standalone build-to-sell projects.
Wavemaker Partners launches $40.37m fund for SEA Series B startups
It aims to back eight to 12 companies, investing between $4m to $10.76m.
Over 1 in 2 Singapore firms plan overseas expansion in 2024
The top markets for expansion are Vietnam, Indonesia, and Thailand.
Singapore commits US$500m to boost Asia’s green and transition projects
The government will also examine strategies for advancing carbon markets.
EC World REIT net property income down 7.8% in Q3
Revenue for the quarter also decreased by 7.1%.
Frasers Hospitality Trust's distributable income down 0.8% YoY despite higher NPI
NPI rose 5.5% YoY in H2 FY 2024.
BlackRock and MAS to launch debt program for decarbonization projects in SEA
They seek to raise around US$5b from public and private sources.
DBS CEO Piyush Gupta sells 300,000 shares for $12.6m
The CEO sold the shares in two separate transactions.
Singapore dominates SEA’s largest PE deals in Q3
Private equity deal value across the region went up 8% to U$6.1b QoQ.
Winking Studios proceeds with LSE listing at $0.26 IPO
The placing price per share represents an 11.3% discount.
Second Chance Properties to delist on 13 November
It was privatised by its founder and CEO.
Paragon REIT’s gross revenue climbs 3% despite tenant sales dip
Tenant sales in Singapore fell 3% YoY.
DHLT’s NPI rises 2.8% YoY to JPY3.7b in 9M FY24 on portfolio strength
Despite higher NPI, DLHT reported a 5.5% YoY lower distributable income.
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