News
85,000 e-scooters registered before deadline: LTA
85,000 e-scooters registered before deadline: LTA
Nearly 1,000 registrations were recorded on the last day.
Golden Equator Capital raises $122.11m for two funds
This will finance the growth capital of an undisclosed public listed company and focus on infrastructure, energy, and finance.
GIC joins consortium to acquire US railroad firm for US$8.4b
G&W owns a portfolio of 120 short line railroads across North America, Europe, and Australia. GIC and Canada-based Brookefield Infrastructure have partnered to acquire US-headquartered Genesee & Wyoming, a railroad firm, for US$8.4b ($11.39b).
Wilmar to take hit from China's weak soybean demand over swine flu
Demand for soybean-based animal feed weakens as China chops up its hog inventories to contain the epidemic.
Innopac Holdings to delist from SGX-ST
It failed to record a pre-tax profit and an average daily market cap of $40 or more over the last 120 market days.
GIC and Equinix tie up to develop six European hyperscale data centres
The six facilities will provide 155MW of power capacity when fully developed.
Freehold corner sites in East Coast Road and Balastier Road launched for sale
The single-storey property at East Coast Road has a freehold site of 2,872 sqft whilst the Balastier Road mixed property has 4,377 sqft.
CapitaLand sells stake in Central China Real Estate for $496m
The deal comprises 658,116,228 issued and paid-up shares.
Lendlease to co-invest US$1b in Asian data centres
It linked up with an institutional investor to invest in data centres in Australia, China, Japan, Malaysia, and Singapore.
Daily Markets Briefing: STI up 1.52%
CapitaLand led the gains after its stock grew 3.4%.
Chart of the Day: Online HR hiring in Singapore up 10% in March
This reversed two consecutive months of decline.
Daily Briefing: Fintech InstaRem eyes digital banking license; Oman-based investment firm Jabreen Capital acquires stake in EastBridge Partners Singapore
And Spanish laundry startup Mr Jeff plans to launch in Singapore.
Nine in 10 marketing firms consider relocating to Singapore
Singapore’s central location in Asia allows companies to test the market in minimal time.
Suntec REIT buys Australian Grade A office for $281.54m
The property has a net lettable area (NLA) of approximately 203,400 sqft.
Private home prices climbed 1.3% in Q2: URA estimates
The quarterly gains is thanks to the take-up in new property launches.
HDB resale prices dipped 0.2% in Q2
Older flats of more than 30 years old find it difficult to attract buyers.
Singapore's IPO proceeds skyrocketed 182% to $1.55b in H1 2019
The growth was boosted by the two US REITs that accounted for 96% of total funds raised.
Commentary
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