News
92% of investors wary of firms using misleading accounting: survey
92% of investors wary of firms using misleading accounting: survey
3 in 10 singled this out as the factor that would reduce their chances of investing in a firm.
Industrial REITs lead Q3 NPI growth amongst S-REITs
ESR-REIT’s NPI doubled from its merger with Viva.
Bharti's tariff hikes in India could be boon for Singtel
This is expected to counter the telco’s weakening performance of its Singapore and Australia operations.
CDL Hospitality Trust buys two hotels for $799m
This move is part of its Liang Court Site redevelopment plans.
ST Engineering expands smart city business to Israel
It set up a subsidiary with an initial investment of $360,000.
SPH REIT raises $164.5m in private placement
It will be used to partly fund the acquisition of an Australian shopping centre.
Mapletree Logistics Trusts gains $200m sustainability loan for credit facility
This is the first time a Singapore REIT has ventured into sustainable investing.
Wilmar eyes approval for China IPO bid in 2020
They are still awaiting approval from Chinese regulators.
Daily Briefing: Carousell's value surges to $850m after merger; HR exec salaries to hit $300,000 in 2020
And Cocoon Capital leads the $1m seed funding for SaaS-based security firm GuardRails.
Daily Markets Briefing: STI down 1.16%
YZJ Shipbuilding saw the sharpest decline amongst top active stocks with a 2.45% drop.
Chart of the Day: Share of condo units sold to HDB upgraders fell to 30%
Sales volume of buyers with HDB addresses fell 3.4% to 1,232 units.
CDL, CapitaLand to redevelop Liang Court
Ascott Reit will rebuild 13,034 sqm out of the Liang property for a partial sale of $163.3m.
CapitaLand sells The Star Vista to Rock Productions for $296m
The mall comprises three levels of retail space with an NLA of 162,500 sqft.
SPH REIT to raise $161.5m via private placement
Net proceeds will be used to fund a shopping centre acquisition in Australia.
SIAS worries over Utico's last-minute changes on Hyflux deal
They hope that the outcome will benefit holders of the perpetual securities and preference shares.
GDP to grow 0.5-1% in 2019: MTI
Manufacturing performed better than expected in Q3.
NODX decline narrows to 9.6% in Q3
It is projected to further slide between 10% to 9.5%.
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