Markets & Investing

SGX lists Fraser & Neave's $300mn bonds to retail market

F&N issued $220mn of five-year bonds and $80mn of seven-year bonds in SGX to broaden capital raising avenues and improve the price transparency.

SGX lists Fraser & Neave's $300mn bonds to retail market

F&N issued $220mn of five-year bonds and $80mn of seven-year bonds in SGX to broaden capital raising avenues and improve the price transparency.

Government issues $2.5bn worth of SGS bonds at auction

This will be the largest 5-year SGS bond issue in 3 years.

Government redefines SME

From 1 April 2011, SMEs in Singapore will be defined as businesses with annual sales turnover of not more than $100 million or no more than 200 staff...

Government launches online assesment tool

The tool will help an SME to diagnose its productivity performance and pin-point the gaps to address.

Mapletree puts $1bn IPO plans on hold

Mapletree Investments has postponed its planned commercial REIT IPO due to volatile markets arising from the earthquake and tsunami in Japan.

Australia not against Singapore Exchange's bid for ASX

Australia Treasurer Swan has denied market speculation that his government opposes the ASX-SGX merger, said OCBC. 

57% of Asian acquisitions done in Singapore

Singapore-listed Ascott REIT expanded to the Pacific and Europe respectively as they looked to diversify their portfolios and income sources.

Japan earthquake damaged US$38.8mn worth of Global Logistic Properties' total portfolio

The total estimated cost is less than 0.6% of the portfolio value of GLP in Japan.

Repercussions of Japan quake seen to be minimal: Macquarie

Compared to the Kobe quake on 17 January, 1995, Macquarie believes the impact should be lower.

Singapore ranked most targeted nation for mergers and acquisitions volume in SE Asia

The M&A volume totaled US$4.5 billion in Singapore accounted for 40% of total M&A volume in South East Asia.

Singapore's US$2.1bn Equity Capital Market volume ranked second in SE Asia

Indonesia lead the region with US$2.2 billion - the highest YTD volume on record.

CapitaMall Trust raises $250mn 3-yr convertible bonds

The convertible bonds bear an interest of 2.125% per annum, payable half-yearly.

Global Marine Boiler and Engineering convicted of tax evasion

GMBE was ordered to pay a penalty of $421,282.08 and a fine of $8,000 for under-reporting profits amounting to $780,152 for YA 2008.

Temasek Trust appoints Jacqueline Wong as CEO

Ms Wong will help shape the institution as well as its strategic direction and its mission.

Merger between ASX and SGX is the best option going forward:SGX

The approval of Chi-X Global Inc to operate in Australia's main bourse opens the room for stronger political support to Singapore Exchange.

Temasek and Government of Singapore Investment Corporation have recovered their pre-crisis values

Their objective is to achieve good long-term investment returns across economic cycles.

SGX February securities turnover up 32% to $31.5bn

Derivatives volume during the same period surged 39% to 5.2mn contracts from the previous year while the average daily volume was 300,493 contracts.