Markets & Investing

Singapore deal volume drop 17.6% in 10M 2024

Overall APAC deal volume dipped 4.8%.

Keppel Infrastructure Trust to buy 50% stake in Keppel Marina East Desalination

As the sponsor, this will entitle Keppel Infrastructure Trust to 100% economic benefit from MEW.

Patec Group’s offer to Broadway Industrial turns unconditional

The group’s offer has exceeded 50% of voting rights.

S’pore investors boost crypto confidence despite security and custody concerns: report

Sixty-five percent of Singapore investors reported an increased risk appetite for the asset class.

Link REIT adds two independent directors to board

One of the new directors is the manager of Mapletree Industrial Trust.

Hongkong Land’s Q3 profit rises on China build-to-sell completions

However, the company will no longer pursue new standalone build-to-sell projects.

Wavemaker Partners launches $40.37m fund for SEA Series B startups

It aims to back eight to 12 companies, investing between $4m to $10.76m.

Over 1 in 2 Singapore firms plan overseas expansion in 2024

The top markets for expansion are Vietnam, Indonesia, and Thailand.

Singapore commits US$500m to boost Asia’s green and transition projects

The government will also examine strategies for advancing carbon markets.

EC World REIT net property income down 7.8% in Q3

Revenue for the quarter also decreased by 7.1%.

BlackRock and MAS to launch debt program for decarbonization projects in SEA

They seek to raise around US$5b from public and private sources.

DBS CEO Piyush Gupta sells 300,000 shares for $12.6m

The CEO sold the shares in two separate transactions.

Singapore dominates SEA’s largest PE deals in Q3

Private equity deal value across the region went up 8% to U$6.1b QoQ.

Winking Studios proceeds with LSE listing at $0.26 IPO

The placing price per share represents an 11.3% discount.

Second Chance Properties to delist on 13 November

It was privatised by its founder and CEO.