Markets & Investing
10 listed trusts in Temasek's portfolio averaged three-year total return of 42.2%
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.
Singapore mutual funds rated below-average over high fees
Majority of funds charge high front loads and trail commissions.
Daily Briefing: Carro invests $41.32m in Malaysian car bidding platform; Government mulls setting fixed price for GSW public housing
And Grand Prix organisers are stocking up on face masks against haze.
Vertex Ventures SEA and India closes round for US$305m fund
It will back Series A tech startups in fintech, consumer internet, and enterprise technology.
Bahrain accelerates setup process for Singapore startups
Startups can get guidance from Bahrain’s accelerators as well as financial grants.
Mapletree Industrial Trust raises $400m through oversubscribed private placement
It will be used to partially fund acquisitions and investments in North American data centres.
Mapletree Industrial Trust to raise $350m through private placement
It will be used to fund the acquisition of data centres in North America.
Daily Briefing: Bali-style GCB to tender at $23m; Chemical separation tech firm SEPPURE secures $2.6m seed fund
And here’s how firms could tap into a fast-growing esports and gaming culture.
Keppel DC REIT to raise $473.8m to fund acquisitions
It will be used to buy 99% in Keppel DC Singapore 4 and 1-Net North Data Centre.
Keppel unit sells 51% stake in DataCentre One for $102.9m
The proceeds will be used for other acquisitions and refinancing purposes.
SGX approves delisting of steel manufacturer Delong Holdings
The application was sent on 21 August.
GIC-led consortium invests $690.18m in retail company VCM
The consortium now holds a minority stake in VCM.
Top 30 stocks by turnover outpaced STI in 8M19
These companies saw returns of 11.5% compared to the benchmark’s 4.8%.
Daily Briefing: Luxury items company Reebonz to delist from Nasdaq; Security solutions provider Oneberry raises $30m in Series A round
And a generous election budget is expected to ease voters’ economic fears.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform