Markets & Investing
Daily Briefing: Hyflux assures investors of its commitment to ‘fair' restructuring plan; GBCI kicks off $135.25m smart city development fund
Daily Briefing: Hyflux assures investors of its commitment to ‘fair' restructuring plan; GBCI kicks off $135.25m smart city development fund
And newly-opened incubator Design Orchard features emerging local brands.
Chart of the Day: Foreign players injected $8.11b into Singapore real estate in 2018
Gaw Capital, ARA-Chelsfield and Allianz Real Estate entered the market last year.
MAS blocks securities token offering over regulatory breach
The issuer intended to rely on an SFA exemption to offer securities without registering a prospectus with MAS.
Singapore's fund managers flag trade tensions and US tightening as key concerns
Fund managers are embracing multiasset strategies in response to dismal conditions.
Singapore startups hauled US$7.5b in funding in 2018
The automotive segment drove away with $1.3b in funding.
Singapore auto platform Motorist.sg nabs seed funding from angel investors
JobsCentral’s co-founders Der Shing Lim and Shao-Ning Huang and live chat software Zopim’s co-founder Royson Tan pitched in.
Daily Briefing: Ofo faces suspension after breaching multiple regulatory requirements; Sunseap buys minority stake in Australian solar construction firm Todae Solar
And Tampines Avenue 10 executive condominium site receives seven healthy bids from developers.
SGX adopts SWIFT's CSD community offering to bring messaging costs down
SWIFT claims that costs can be cut by up to 50%.
SGX urged to relook rules allowing Mainboard companies to transfer to Catalist
Increased transfers to Catalist could harm the liquidity and valuation of firms already listed on the board.
SEEDS Capital inks tie ups to inject $90m for agrifood tech startups
They will provide up to $4m per startup.
Homegrown SMEs turn to Hong Kong for short-lived IPO rally
However, they failed to sustain the momentum as they trade below offer prices.
Cityneon to delist after accepting buyout offer
West Knighton is buying 99% of its shares.
Investors pool cash into S-REITs amidst dovish Fed stance
Sector yield spread of 4.2% is above the 10-year average of 3.8%.
SGX securities market turnover value dropped 13% to $16.7b in December
Its securities daily average fell 13% YoY to $837m.
SGX inks deal with the CCI Administrative Bureau to deepen Western China ties
The agreement will further help Chongqing companies access international capital funding for expansion.
Singapore IPO proceeds plunge to $730m in 2018
The bourse booked the second lowest performance since 2008.
M&A activity fell 30.7% to $90.86b in 2018
This is the lowest annual period since 2013.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform