News
Raffles Education unit amends $138.5m deal with China-based developer
Raffles Education unit amends $138.5m deal with China-based developer
The firm has yet to pay $47.38m for its option agreement.
Keppel REIT unit secures $505m green loan facility
It aims to enhance how it finances the firm’s offices.
Utico extends deadline for binding agreement with Hyflux to 27 June
The Middle Eastern firm initially hoped that the deal would have already been sealed by 17 June.
Singapore investment banking fees down 15.9% to US$366.3m
Advisory fees for M&A deals shrank 49% to US$76m.
Singapore's total M&A value up 64.3% to US$59.4b in H1
Blackstone’s US$18.7b acquisition of GLP, the largest deal with Singaporean involvement to date, boosted the total.
SGX licenses three futures-based indices to Taiwan ETF Yuanta SITC
The MSCI EM series Futures Indices is said to be the world’s first.
Chart of the Day: Decentralised offices represented nearly a quarter of office stock in Q4 2018
This represents an increase from 17% in Q4 1998.
Daily Briefing: Singapore banks trail behind Malaysia in female board representation; Temasek joins US$75m funding of US biotech startup
And The Esplanade is seeking to raise $9m to build its $30m waterfront theatre.
Daily Markets Briefing: STI up 0.96%
UOB led the gains after stocks grew 1.95%.
New multi-billion euro feed additive plant opened on Jurong Island
The plant has an annual production capacity of 150,000 metric tonnes.
Singapore and Indonesia equities defy regional downturn
Consumer staples and healthcare may be able to weather market volatilty.
Sembcorp to build solar energy system to power Changi Exhibition Centre
The system is expected to produce over 7,840MW hours of power annually.
GIC eyes investing $1b in India's road assets
It looks to expand its presence in India’s infrastructure sector.
Sembcorp Industries' India energy unit withdraws listing prospectus
But it intends to re-file a revised prospectus at an ‘appropriate’ time this year.
Fortis Healthcare drops sale of stake in RHT Health Trust
Talks with interested parties fell apart.
1 in 3 bosses demoted an employee
Failure in a new role accounts for 46% of demotions.
TT International records three consecutive years of losses
It is at risk of being placed under the SGX-ST’s watchlist.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform