Markets & Investing
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.
Aelios announces mandatory cash offer of $1.16 per unit for Suntec REIT
It acquired an aggregate of 62,541,700 units on 5 Dec.
Temasek Holdings joins $2b investment in Veeam Software
It will raise Veeam’s valuation to $15b.
Australia commits US$50m to Singapore’s green transition initiative
The initiative seeks to accelerate green transition in the Southeast Asia region.
Hong Fok to buy properties in International Building Singapore
Completion of the proposed acquisition is expected to take place in February 2025.
ValueMax Group launches seventh digital securities series on SDAX
The issuance is priced at 4.5% per annum.
HK-listed ESR Group receives privatisation offer at $13 per share
Shareholders can choose to receive a cash consideration.
SG’s clean energy initiative receives $67.3m investment from AUS
The initiative aims to support clean energy transition across Southeast Asia.
Camsing Healthcare placed under SGX-ST watchlist
The company has 36 months to improve its financial performance to avoid delisting.
ESR-Logos Reit announces name change to ESR-REIT
The fund’s manager will also change its name.
CapitaLand Investment announces board changes
The changes will take effect on 1 January 2025.
Singapore cap rates remain stable in Q3 2024
Cap rates in Singapore are expected to stay stable, with changes tied to interest rates and economic shifts.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform