Markets & Investing
SGX reprimands ex-CEO of Raffles Infrastructure
SGX reprimands ex-CEO of Raffles Infrastructure
Wu Xinhua was found to have caused the firm to disclose false information from 2015-2018.
Blackrock cuts Mapletree Logistics Trust stake to 4.95% with share sale
It is no longer a substantial unitholder of the REIT.
Moneymax to raise $15m-$20m from tokens issuance
The tokens will have a 5.25% interest rate per annum.
Franklin Medici seeks $15.2m from subsidiary and chairman of EC World REIT sponsor
The sponsor's subsidiary entered into a loan agreement with Franklin Medici.
Capitaland Investment expands Scope 3 reporting
It added three emissions categories.
BlackRock reduces stake in CLD
It now holds just over 44.44 million shares in its stake.
Singapore continues to lead in corporate, sustainability reporting: report
96% said they would increase budget for ESG initiatives.
Independent director Ong Lian Jin Colin gains 0.011% stake in CDL
He acquired 100,000 shares at $5.80 apiece.
CapitaLand Ascott Trust gains full ownership of Standard at Columbia
It acquired the remaining 10% stake in the property.
iFast prices $100m notes due 2029 at 4.328%
It is payable semi-annually in arrears.
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.
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