News
Wilmar's YKA may reach $19.7b valuation in IPO: analyst
Wilmar's YKA may reach $19.7b valuation in IPO: analyst
YKA is currently backed by strong investor interest, which jacked up its IPO target.
85% of Singaporeans keen to explore cash equivalent options with higher yield
This is despite their little exposure to similar money market products before.
SPH REIT posts half a cent DPU for Q3 FY2020
This will be closed on 9 July and the distribution will be on 18 August.
Suntec REIT unit injects $40m into Harmony Investors Group Limited
This increases its shares to approximately 57.9%.
Ascendas REIT buys Sydney logistics property for $21.1m
The consideration is 19.8% lower than the site’s market valuation of $28.24m.
Meet Southeast Asia's game changers at SBR's Asian Business Case Studies Awards
Use cases saw a telco working on Singapore’s Night Festival as well as Thailand’s leading procurement specialist.
Daily Briefing: Electricity tariff to fall 15% from July to September; Qualee raises $1.4m from Tandem Technology Partners
And B Capital closes second fund at $1.14b.
Chart of the day: Median price for non-landed homes dips to $1.2m in May
This is said to indicate a rise in demand for more affordable units.
Daily Markets Briefing: STI up 0.78%
DBS led the gains amongst top active stocks with a 1.2% expansion.
ARA Venn raises $312.93m from institutional investors
This is the first close of its whole loan European real estate debt fund.
Cisco unveils 0% interest financing programme
The programme is said to provide SMEs access to technological enablers.
SGX to introduce FTSE Taiwan Index futures
This is said to enable global investors to gain exposure on Taiwan stocks.
ESR-REIT signs new tenants at 8 Tuas South Lane
The two tenants have leased 26.9% and 10.3% of total net leasable area.
Olam secures $522.49m European revolving credit facility
The facility has a 364-day tenor and is guaranteed by the firm.
Bharti Airtel to sell 25% of its data centre business to Carlyle Group
Terms will come once the latter’s subsidiary completes its $327.47m investment into Nxtra.
ZEDRA acquires BNP Paribas Singapore Trust
It will be renamed to Zedra Trustees (Singapore) Limited.
Top telecoms' returns down 10% YTD
Its three-year average returns also dipped 10%.
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