Markets & Investing

The manager wishes to be paid a base fee of 10% per annum of KIT’s distributable income.

SG stocks gained 4% to 5% following the relaxation.

MCT has offered an all-cash option of $1.1949 per unit to MNACT unitholders.

The merger will be done by way of a trust scheme arrangement.

Disclosures will be mandatory from 2023.

The company promoted one of its executives, Hui-Jian Koh, for the position.

Study shows that they prioritise their investments.

These will be vital to keep SG at the forefront of the global startup scene.

RHB used five criteria, including ESG score, in selecting the companies.

RHB said both are financially stronger to cope with increasing interest rates.

The public issue closed on 31 January.

The Singapore bourse saw its first three SPAC listings in the first month of 2022.

It’s the third SPAC to be listed on the mainboard.

The investments are expected to create over 17,000 jobs.

The growth was supported by the portfolio acquisition of data centres in North America.

Despite a profit increase, income available for distribution declined by 1.3%.