News
CDL Hospitality Trust's NPI dipped 3.3% to $141.16m in 2019
CDL Hospitality Trust's NPI dipped 3.3% to $141.16m in 2019
It saw full-quarter contributions from its rebranded Raffles Maldives Meradhoo.
Starhill Global REIT's NPI fell 5.9% to $37.2m in Q2
The contraction was attributed to the enhancement works of the Starhill gallery in Malaysia.
PACC Offshore to delist from SGX
Bid vehicle Quetzal capital and its concert parties now hold 96.48% of POSH’s shares.
Hyflux's debt moratorium extended to 28 February
They also confirmed their loss of confidence with their lawyers.
Ascott Residential Trust's profits up 6% to $252.6m in 2019
A change in leasing standards boosted profits in Q4.
Daily Briefing: Temasek's $50m solar bet; Malls shut in China
And travel players implement precautionary measures against Coronavirus spread.
Chart of the Day: 2.2 million sqm of industrial space to be completed in 2020
About 80% of the upcoming supply will be for factory space.
Daily Markets Briefing: STI up 0.04%
Medtecs International led the gains amongst top active stocks with a 13.95% expansion.
Online hiring sentiment slips 8% in December
The IT industry saw the highest demand in recruitment activity for the month.
Elite Commercial REIT prices IPO at $1.21 apiece
Its initial portfolio comprises 97 commercial buildings in the UK.
Top five IT plays averaged total returns of 105.3% in 2019
The best-performing IT stock saw its total returns hit 154.3%.
CapitaLand closes six malls in China amidst novel coronavirus outbreak
Local governments in Wuhan and Xi’an cities required the closure.
Asia's first bitcoin asset fund Stack floats in Singapore
The index fund plans to capture $1.01b (US$750m) assets under management within 2020.
Utico to hike advisors fees cap to $50m if Hyflux rescue deal bags approval
It will reduce the pot to $30m if advisors do not support the restructuring agreement.
Daily Briefing: Singapore's real estate market is 9th most dynamic in the world, Sea Group buys Canadian game developer Phoenix Group
And Steve Leonard to step down as SGInnovate founding CEO.
Chart of the Day: 170 uncompleted strata-titled industrial units up for sale in Q4 2019
Nearly half of the units are between 200-299 sqm in size.
Daily Markets Briefing: STI down 1.81%
Medtecs International led the gains amongst top active stocks with a 65.39% jump. The Straits Times Index ended 58.77 or 1.81% lower at 3,181.25. The top active stocks were Medtecs International, which surged 65.39%, Singtel, which fell 0.89%, DBS, which inched down 1.34%, Genting Sing, which contracted 3.85%, and Capitaland with a 4.89% decline. The FTSE Mid Cap slid 2.15% whilst the FTSE Small Cap fell 2.41%.
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