Markets & Investing
Oxley Holdings expects net loss in FY 2024
                                                                                                 
                        
                          Blame it on lower sales from property developments.
                    
                                        
                    
                Singapore M&A deal activity drops 23.7%
                                                                                                 
                        
                          Deal activity in Asia Pacific declined 9.9% overall.
                    
                                        
                    
                Marco Polo Marine’s gross profit up 2.6% to $14.6m in Q3
                                                                                                 
                        
                          This was despite a 4.6% decline in revenue.
                    
                                        
                    
                Food Empire secures US$40m investment from Ikhlas Capital
                                                                                                 
                        
                          In exchange, Food Empire will issue 5-year redeemable exchangeable notes.
                    
                                        
                    
                ESR Group plunges into US$57.9m loss in H1
                                                                                                 
                        
                          The group attributed the loss to non-cash adjustments.
                    
                                        
                    
                DBS prices Temasek's dual-tranche offshore CNY bonds
                                                                                                 
                        
                          The bonds were priced at fixed rates of 2.75% and 3.10% per annum.
                    
                                        
                    
                Which REITs will benefit most from rate cuts?
                                                                                                 
                        
                          Experts expect two 25bps cuts in 2024.
                    
                                        
                    
                Singapore ranks 47th in the Global Business Complexity Index
                                                                                                 
                        
                          The index described Singapore as a "relatively easy jurisdiction for business."
                    
                                        
                    
                Temasek issues dual tranche of 10-year and 30-year offshore CNY bonds
                                                                                                 
                        
                          The bonds will be issued under the US$25b Guaranteed Global Medium Term Note Programme.
                    
                                        
                    
                EQT Private Capital Asia to acquire PropertyGuru for US$1.1b
                                                                                                 
                        
                          The transaction is expected to close in Q4 2024 or Q1 2025.
                    
                                        
                    
                PropertyGuru enters into definitive merger for USD 1.1 billion
                                                                                                 
                        
                          Southeast Asia’s leading property technology company, today announced that it has entered into an agreement and plan of merger with affiliates of BPEA...
                    
                                        
                    
                SGX FX taps MUFG as new liquidity provider
                                                                                                 
                        
                          The partnership aims to provide an extensive level of liquidity. 
                    
                                        
                    
                CapitaLand Investment unit prices $350m senior notes due 2035
                                                                                                 
                        
                          The notes are offered at a fixed rate of 3.58% per annum.
                    
                                        
                    
                OIO Holdings wins case with ex-chairman, court orders $12,000 payment
                                                                                                 
                        
                          Fan Chee Seng filed a case against the company for wrongful termination.
                    
                                        
                    
                CapitaLand Investment redesignates Gabriel Lim as non-independent director
                                                                                                 
                        
                          This follows Lim's retirement from MTI and recent appointment at Temasek.
                    
                                        
                    
                ESR-Logos issues new $100m securities priced at 6%
                                                                                                 
                        
                          Funds raised will be used for acquisitions and investments.
                    
                                        
                    
                 
                                 
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
								 
								 
						 
								 
								 
						 
						 
				 
								 
								 
								 
																					
											
																			 
																					
											
																			 
																					
											
																			 
																					
											
																			 
                 
                 
                 
                 
                 
                 
                 
                
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