Markets & Investing
Daily Briefing: HDB eyes to sell build-to-order flats in Punggol Point District; SGX taps US firm to lure US companies to list in Singapore
Daily Briefing: HDB eyes to sell build-to-order flats in Punggol Point District; SGX taps US firm to lure US companies to list in Singapore
And Singapore-based startup Travelstop launched with US$1.2m seed fund.
Nikko AM offers new Corporate Bond ETF
It has garnered about $83m of initial assets under management by the end of the subscription period.
Daily Briefing: PM Lee says nearly every household owns ‘substantial' home asset; Lazada to offer loans for its Singapore partners
And a Sentosa Cove bungalow is sold for $33.3m.
Perennial prices additional $10m notes at 5.95%
It will be consolidated as a single series with the $170m existing notes.
Corporate compliance in Singapore is the second easiest in Asia
The city continues to simplify and streamline its processes, a study says.
China M&A deal values fell 18% in H1
Domestic strategic M&A crashed 27% to about US$1b.
SGX taps exchange trade platform M-DAQ to launch multi-currency trading prototype
The platform will let investors access embedded interbank FX pricing at the point of transaction without slippage.
Daily Briefing: Redevelopment schemes could threaten Singapore's architectural history; CBD conservation shophouse up for sale at $17m
And here’s why Malaysia is amongst Singapore firms' choices for expansion.
Perennial Real Estate issues $170m notes at 5.95%
Some firm executives bought 26.4% of the entire issue.
Singtel prices US$500m 10-year notes at 3.88%
It was 5.7 times oversubscribed.
Chart of the Day: $116.5m mid-August share buybacks beats July's total
It is the seventh successive month that the $100m buyback treshold has been crossed.
Daily Briefing: Lease buyback scheme to include all 5-room and larger flats; VC firm Qualgro unveils new US$100m funding for startups
And fintech startup X Infinity raises US$20.5m from private sale.
CDL paid $2.85m for 300,000 shares in inaugural buyback exercise
A portion of it may be deployed for the firm's long-term incentive plans.
OCBC prices $1b perpetual capital securities at 4%
They will be issued by 24 August and will be first callable in 2023.
Fintech firm Ayondo reallocates IPO proceeds amidst 9% revenue dip
It utilised some IPO proceeds for its general working capital.
Daily Briefing: Malaysian PM eyes tenfold water price hike for Singapore; Temasek joins US$135m funding for VC firm Openspace
And LTA seized bicycles and personal mobility devices in a move against errant retailers.
Temasek joins US$150m funding for US biotech firm
Orchard Therapeutics will utilise the funding to register and commercialise their clinical programs.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform