Markets & Investing
GSG Capital director fined for insider trading
GSG Capital director fined for insider trading
Prior to announcing the acquisition of GreatSolutions, Tay Joo Heng bought 515,000 shares in its parent firm, GS Holdings.
Digital assets boost portfolio diversification in Singapore
Portfolio diversification and risk management drive adoption of digital assets among companies.
OCBC moves to delist Great Eastern with $25.60 final offer price
The IFA said that the offer is “not fair but reasonable".
CDL secures $400m TNFD targets-aligned sustainability-linked loan from DBS
The SGX-listed builder has now secured over $8b in sustainable loans since 2017.
Top 10 Singapore-listed firms book 37% total return in Q2
Myanmar conglomerate Yoma Strategic led the quarter with a 157% total return.
Accrelist acquires 28.53% stake in MClean Technologies
The company acquired the stake for $2.57m.
Asian collectors embrace newer artists, contemporary art to diversify collections
Japan’s Teppei Takeda and China’s Sun Yitian are amongst the emerging names in Asia.
Valuetronics invests $7.7m in AI JV with SinnetCloud HK
Valuetronics will hold 55% interest in the JV.
Best World’s exit offer ‘fair and reasonable' - IFA
It estimates that the value of each share ranges between $1.36 and $2.69.
OCBC bags over 90% of Great Eastern’s shares, trade suspension to take effect
Trade suspension will be lifted if Great Eastern's public float rebounds to at least 10%.
SingPost settles share transfer issue with Famous Holdings
Famous Holdings will transfer 37.5% shares to SingPost Logistics Investments.
ESR Group receives no objection letter from Shanghai Stock Exchange for logistics REIT spin-off
The CSRC has also approved the registration of the REIT.
SIAS cites ‘dilemma’ for minority shareholders amidst OCBC's GE offer
OCBC earlier announced a $1.4b offer to acquire the remaining 11.56% stake in GE.
Singapore dominates Southeast Asia tech funding
The city accounted for 68% of total funds raised in SEA in H1 2024.
Carro secures $75m multi-currency loan from HSBC
The loan will boost the company’s liquidity.
Daily Markets Briefing: STI up 0.07%; Jardine Cycle & Carriage is top stock
Jardine Cycle & Carriage posted a 1.53% growth.
Sabana Industrial REIT launches $100m sustainability bonds
The bonds have a coupon rate of 4.15%.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform