Markets & Investing

Stoneweg EREIT to trade European Stapled Trust on 16 June

Stoneweg European REIT units will cease to trade on the SGX-ST on Friday, 13 June 2025.

CapitaLand Malaysia Trust to raise $75.9m

The company said it plans to use the proceeds primarily to repay existing bank borrowings.

UOB Kay Hian maintains positive view on S-REITs amidst stability

With the 10-year Singapore government bond yield at 2.4% and the 3-month compounded SORA at 2.3%.

Startup funding drops 73% to $115m in May

Startups raised $115m in May, down from $429m in April.

Grand Venture halts Bursa plans amid talks on possible share offer

The company said there is no certainty if the discussions will progress.

Jardine Matheson Holdings appoints ex-PAG Lincoln Pan as new CEO

John Witt has announced his resignation by the end of November.

Keppel appoints Piyush Gupta as Deputy Board Chairman

Keppel’s board now has seven independent directors.

OxPay to issue 35.4M shares for over $423,000

After the subscription, OxPay expects its FY2024 net loss to rise to $3.1m.

Singapore leads in crypto adoption with 28% ownership rate: report

This marks a rise from 26% in 2024, placing the city-state ahead of traditionally strong markets like the UK, US, and Australia.

Quadria Capital raises $1.4b in oversubscribed fund III exercise

Proceeds will be invested in 10 market-leading companies.

Plato Capital to delist with $0.0305 exit offer price

The offer price represents a 111.81% premium over the last traded price on 23 May.

Singapore outperforms global equity markets with 13% YtD gain

Morgan Stanley raised its 12-month price target for the MSCI Singapore Index to 2,150.

Singapore is a focal site in SEA regional M&A: report

It generates half of the region’s aggregate deal value.