Markets & Investing

S-REITs DPU to grow 2% in 2020

The office sector will lead gains as a supply crunch is set to drive rents up.

Chart of the Day: Top 5 FTSE China stocks hit average returns of 17.9% in January

Water utilities firm SIIC environment recorded a 21.8% return in January YTD.

EDB eyes $8b-10b of fixed asset investments in Singapore for 2019

With these investments, Singapore wants to be a regional platform amidst global trade tensions.

Zilingo clinches $307.1m in Series D funding

The funding round was led by Sequoia Capital, Temasek and the Singapore investment fund EDBI.

Hyflux extends deadline to file proofs of claim to 1 March

Parties are requested to set out all known obligations the scheme companies have towards them.

SGX rejects Nutryfarm International's 45% stake acquisition in First Linkage

The agency cited concerns about contractual workarounds to address foreign ownership restrictions.

Chinese tech cities accounted for 36% of global VC investments in 2018: report

This translates to $74.8b of the $207.8b investment volumes.

Share buybacks crashed 51.11% to $26.4m in January

OCBC led the buying spree with $13.89m shares bought back.

China's outbound M&A likely to slide further in 2019

Regulatory scrutiny from US and Europe and tight funding conditions are to blame.

Hyflux creditors urged to file proof of claims by 15 February

Their proofs will be necessary for the basis to vote on scheme proposals and to get their payments.

Singapore's IPO market crashed 84% to $730m in 2018

This is significantly smaller compared to 2017’s $4.7b across 120 IPOs.

SGX mulls tougher auditing rules to intensify oversight

They propose to require a second auditor apart from the existing statutory for certain circumstances.