Markets & Investing
Daily Briefing: Five-room HDB flat in Boon Tiong Road sold for record $1.2m; Allianz Real Estate invests US$600m into GLP
Daily Briefing: Five-room HDB flat in Boon Tiong Road sold for record $1.2m; Allianz Real Estate invests US$600m into GLP
And about 164,000 Singaporeans living in private properties have not declared their income.
Financial comparison startup GoBear unveils $108.96m in funding
The proceeds will be used to enhance the platform’s search and match functionality and finance hiring.
Entrepreneurial “Royalty” Comes to National Achievers Congress 2019 in Singapore
Top investor and entrepreneur Gary Vaynerchuk, and #1 world sales trainer Grant Cardone are back by popular demand.
United Engineers converts $333m loan to green home development loan
It will be used to develop a Dairy Farm road parcel into a green residential property.
Unicorns deploy funding into corporate venture funds in bid for superapp status
Drawn by the growth story in Southeast Asia, corporate venture capital funds by unicorns as well as by foreign challengers are setting their sights in...
Suntec REIT issued 111.11 million new units at $1.80 apiece
The new units will commence trading on the SGX-ST on 6 May.
Share buybacks plummeted 69.23% to $36m in April
OCBC bought back $25.56m worth of shares. Share buybacks by SGX-listed firms crashed 69.23% YoY to $36m in April from $117m a year ago, according to...
Keppel looks to raise $500m via two note issues
The notes are expected to be issued on 7 May on the SGX-ST.
Daily Briefing: GCBI Ventures launches blockchain platform for smart cities; VC firm Big Idea Ventures closes US$50m fund
And LTA is raising the Electronic Road Pricing for motorists to $2.
Ascendas REIT's NPI up 3.2% to $649.58m in FY2018/2019
Its UK and Australia properties boosted income.
Keppel raises medium-term note programme limit to $6.81b
Proceeds will be used for corporate and working capital purposes.
Golden Equator clinches $24.6m from APACMEA investors
The proceeds will enable the group to expand its network in APAC and the Middle East.
OUE sells entire equity stake in Nuvest Capital for $1m
Its stake represents 33% of the issued share capital of the firm.
Moovaz bags undisclosed fund to make relocation easier
The logtech startup will be making its way to Australia.
SGX to launch interest rate derivatives on Japan repo
The SGX Nikkei 225 Index TRF will kick off on 13 May.
SGX on track to meet $0.31 FY19 DPS as derivatives maintain strength
This translates to a 4% dividend yield higher than the Singapore sovereign 10-year yield.
Grab targets $8.81b in funding by end-2019
It wants to seal at least six investments or acquisitions across the region.
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Commentary
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