Markets & Investing

REIT listings may boost Singapore IPO market in 2025

REIT listings may boost Singapore IPO market in 2025

A central bank plan to cut listing costs could enhance the city-state’s market appeal.

Tuan Sing’s non-independent director buys 1M more shares for $.027 apiece

The shares were bought via an entity called Nuri Holdings.

iFAST Singapore launches China desk to meet Chinese investor needs

The new desk will be established in Singapore and Hong Kong.

Renaissance United records net loss for H1 2024

Its revenue also declined by 1.2% to $35.8m.

CLI acquires Australian investment firm Wingate for $173m

The acquisition will boost CLI’s FUM in Australia by over 30%.

What 2025 holds for SREITs

An expert said SREITs will likely have a better year.

Auditor flag going concern for Singapore Institute of Advanced Medicine

The company reported a loss after tax of $37.4m for the year.

Most capital goods companies poised for double-digit earnings growth in FY25F

Most defensive growth is expected from STE, which is projected to deliver approximately 15% growth.

ValueMax Group buys Ban Fook Pawnshop for $1.75m

Ban Fook has a net asset of $1.84m in 2023.

Longbridge Group bags $133m more funding for international expansion

It also launched Longbridge Securities Singapore with no commission fees.

SGX securities trading turnover up 51% in November

SDAV also increased by 51% YoY to $1.44b, a 17% rise MoM.

Temasek launches $10b private credit platform

The platform will be led by Nicolas Debetencourt.

CCCS approves PropertyGuru acquisition by Hedychium

Hedychium Limited is indirectly owned by BPEA Private Equity Fund VIII.

GuocoLand to redeem $400m perpetual securities

The securities were issued under the group’s $3b multicurrency note programme.