Markets & Investing
ESR entities challenge voting ban on Sabana REIT trust deed amendments
The trustee of Sabana REIT is considering the appeal.
Singapore REITs book $790m in net outflows
The iEdge S-REIT Leaders Index fell 12.3% year to date.
Singapore and Indonesia drive SEA private equity deals in 2023
Last year, however, deal volume fell by 24%.
Sustainability investments decline as Singapore CEOs focus on AI
About 6 in 10 CEOs have deprioritised sustainability since last year.
Mapletree Industrial Trust Management promotes CFO Ler Lily to CEO
Khoo Geng Foong will replace Lily as CFO.
CapitaLand India Trust secures $200m sustainability-linked loan
It will use the loan to refinance existing RCFs.
Marketnode completes Series A funding led by HSBC and Temasek
The startup will use the investment for platform expansion.
iFast launches $300m debt programme
OCBC will act as the programme’s sole arranger and dealer.
Singapore assets boost Link REIT FY24 NPI by 9.5% YoY
Despite improved NPI, the REIT’s full-year DPU fell to HK$2.6265 (S$0.45).
Non-operational losses push Mapletree to $577.2m net loss in FY23/24
It saw valuation declines in its US, Europe, and Australia office portfolios.
Healthcare sector sees renewed interest from corporate buyers
The healthcare industry recorded a deal value of US$1.13b (SG$1.53b) between January and April.
ARA H-Trust sells managers to tycoon Gordon Tang
Tang's children also acquired 19.0% of the trust's stapled securities.
Yangzijiang Financial clarifies role with maritime entry
The company assured it will have a different role from its sister company.
Banks, utilities top Morgan Stanley's top stocks in Singapore
DBS, OCBC, Singtel, Sembcorp and Genting are its top picks.
Jardine Matheson projects modest profit decline in 2024
The company cited market conditions for the profit decline.
Sabana REIT postpones May 24 EGM
The REIT postponed the EGM due to a High Court hearing on the Abeyance Application.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform