Markets & Investing
Daily Briefing: Temasek unit to acquire controlling stake in US cloud provider; WeWork to open two new locations in Singapore
Daily Briefing: Temasek unit to acquire controlling stake in US cloud provider; WeWork to open two new locations in Singapore
And ST Hospitality Group launches a new line of co-living hotels in Chinatown.
Keppel DC REIT raised $242.8m from oversubscribed preferential offering
Proceeds will be used for Keppel DC Singapore 4 and 1-Net North Data Centre acquisitions.
Daily Briefing: District 21 GCB put up for auction at $23m; Personalised skincare startup Yours scores $4.83m seed funding
And Golden Gate Ventures leads the pre-Series A round of an Indonesian workforce startup.
Daily Briefing: Property portal 99.co forms JV with Australia's REA Group; Amazon expands local online store in Singapore
And NTUC FairPrice has launched 30 housebrand products.
Investors fail to act on sustainability ambitions: study
Whilst 37% said they want to invest sustainably, only 14% were actually doing it.
Lendlease Global REIT IPO subscribed 14.5x in strong market take-up
The REIT received applications totalling 330.44 units worth $290.8m.
ThaiBev profits to rise 16% in FY19: analyst
Q4 profits are tipped to rise 20% YoY.
Over 4 in 5 investors shy away from sustainable investments
Only 28% include sustainability in their top two priorities.
How Singapore is bringing sustainable ideas to life
Temasek and StartupX have launched an innovation programme in support of the sustainability agenda.
Chart of the Day: Singapore top VC funds hit $1.46b in 2018/2019
Six funds alone totalled $1.46b in value.
Singapore's venture capital deals hit $20.7b in 2017-2019
The Lion City clinched two-thirds of ASEAN VC deal value during the period.
Keppel Corp to issue $200m notes due 2026
It is expected to be issued on or about 1 October.
Daily Briefing: Temasek-owned gas importer to open Madrid HQ in 2020; Trendlines Group has invested $30.3m of its agrifood fund
And property portal 99.co launched platform to enhance agents’ marketing.
10 listed trusts in Temasek's portfolio averaged three-year total return of 42.2%
Mapletree Logistics Trust, Mapletree Industrial Trust and Mapletree Commercial Trust dominated the leaderboard.
Lendlease Global Commercial REIT prices IPO at $0.88 per unit
It seeks to raise up to $1.03b.
Deeptech dominates startup landscape
Venture capitalists are looking to inject more funding into deeptech as the government strengthens its support system amidst a global tech shift.
Daily Briefing: Luxury apartment sales hit 11-year high in January-August; Advance.AI raises $80m in series C round
And Mitsubishi may slash its earnings forecast after US$320m loss by a rogue oil trader.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform