Markets & Investing
DBS CEO Piyush Gupta sells 300,000 shares for $12.6m
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.
Paragon REIT’s gross revenue climbs 3% despite tenant sales dip
Tenant sales in Singapore fell 3% YoY.
DHLT’s NPI rises 2.8% YoY to JPY3.7b in 9M FY24 on portfolio strength
Despite higher NPI, DLHT reported a 5.5% YoY lower distributable income.
United Hampshire US REIT's NPI slips 3.4% YoY as tenant transitions continue
NPI for the period was US$37.4m.
Bahrain draws US$100m Singapore investment
Firms invested in Bahrain’s finance, ICT, and tourism sectors.
Cohen & Steers buys 722,400 Digital Core REIT shares for US$437m
The acquisition increased Cohen & Steers’ stake in the REIT to 8.01%.
CapitaLand Investment revenue hits $2.10b in 9M 2024
Its Fee Income-Related Business drove the increase.
Manulife US REIT divests property in California for US$117m
Divestment proceeds fully repaid the REIT's US$130.7m loan due 2025.
SIA Engineering’s H1 profit rises 16% YoY as MRO demand recovers
The company declared an interim dividend of $0.020 per share.
APAC tech M&A values poised for growth, recent Singapore deals suggest
Singapore tech deals from Q1 to Q3 were valued at $3.0b, despite a 13% volume decrease.
Singapore leads APAC data center investments as AI drives demand
APAC data center investment volumes reached $3.7b in YTD Q3 2024.
Hanwha's offer for Dyna-mac shares declared unconditional as to acceptances
The closing date for the offer has been extended to 20 November.
Second Chance CEO exercises right of compulsory acquisition
Second Chance will become a wholly-owned subsidiary of Final Chance.
Elite UK REIT's distributable income rises 2.8% YoY. to £14m in 9M
Distribution per unit rose in tandem with distributable income.
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