Markets & Investing
Bahrain draws US$100m Singapore investment
Firms invested in Bahrain’s finance, ICT, and tourism sectors.
Cohen & Steers buys 722,400 Digital Core REIT shares for US$437m
The acquisition increased Cohen & Steers’ stake in the REIT to 8.01%.
CapitaLand Investment revenue hits $2.10b in 9M 2024
Its Fee Income-Related Business drove the increase.
Manulife US REIT divests property in California for US$117m
Divestment proceeds fully repaid the REIT's US$130.7m loan due 2025.
SIA Engineering’s H1 profit rises 16% YoY as MRO demand recovers
The company declared an interim dividend of $0.020 per share.
APAC tech M&A values poised for growth, recent Singapore deals suggest
Singapore tech deals from Q1 to Q3 were valued at $3.0b, despite a 13% volume decrease.
Singapore leads APAC data center investments as AI drives demand
APAC data center investment volumes reached $3.7b in YTD Q3 2024.
Hanwha's offer for Dyna-mac shares declared unconditional as to acceptances
The closing date for the offer has been extended to 20 November.
Second Chance CEO exercises right of compulsory acquisition
Second Chance will become a wholly-owned subsidiary of Final Chance.
Elite UK REIT's distributable income rises 2.8% YoY. to £14m in 9M
Distribution per unit rose in tandem with distributable income.
CLI lands $261m from Mitsui O.S.K. Lines for SEA and India private funds
The SEA and India funds received $130m and $131m, respectively.
Divestments weigh on Cromwell European REIT's 9M NPI, down 0.8% YoY
The REIT's NPI for the period was €100.0m ($143.5m).
AIMS APAC REIT posts 5.1% NPI growth to $67.6m with strong rentals
The REIT's rental reversion rate in H1 was 16.9%.
CICT's 9M NPI climbs 5.4% YoY to $872.1m on rental income growth
Lower operating expenses also helped boost NPI.
Netlink NBN’s H1 profit dips 8.3% YoY to $48.5m on revenue decline
Revenue slipped by 0.2% YoY to $204.8m.
CCCS seeks public feedback on Hedychium’s proposed acquisition of PropertyGuru
Feedback submission will close on 18 November.
Read Here
Advertise
Sign Up
Commentary
The adversary ecosystem Singapore boards must confront
Why Singapore’s fast payments need faster protections
Singapore’s next 60 years begin by strengthening its foundations for AI
Competing on value, not price: Why managers must rethink customer propositions
AI models are hungry for your data, so don’t just give it away
AI and uncertainty: Can Singapore enterprises turn risk into resilience?
Why a HQ in Singapore is the perfect springboard to enter the global market
Why Singapore’s intellectual property regime gives clean-tech startups a regional advantage