News
Daily Markets Briefing: STI down 0.13%
Daily Markets Briefing: STI down 0.13%
The Straits Times Index (STI) ended 4.34 points or 0.13% lower to 3215.91, taking the YTD performance to +11.63%.
Hatten Land to raise $27m from convertible loans
Proceeds will finance Melaka development projects.
Equity offerings from listed companies down 6.4% YTD
Over $4.6b was earned from equity offerings so far.
High technology sector raises US$1.7b from equity markets
It comprised 52.5% of market share.
Bumitama Agri FFB production could grow 15% in three years
Overall production grew in 2013 despite low FFB yields.
IE Singapore to facilitate $50m partnership for Vietnam water treatment projects
The concessions will last for 50 years.
Mapletree Logistics Trust raises $353.5m from private placements
It also bagged $286.5m from a preferential offering.
What are the biggest business risks for local executives?
Terror attacks topped the list.
Daily Briefing: Singaporeans eye overseas investments; Most resale flats no longer have COV
And Shell launches an accelerator program in Singapore.
Chart of the Day: Re-entry rate amongst retrenched workers hit 64.5% in Q2
But re-entrants from the 50-year old and above range dropped.
Daily Markets Briefing: STI up 0.2%
Expect some market boosts today.
CCT launches $700m rights issue
It will fund the Asia Square Tower 2 acquisition.
GIC to acquire Sheraton Grande Tokyo Bay Hotel for $1.2b
It will hold a 51% majority stake.
Selling of Great Eastern Malaysia unlikely to impact OCBC
It accounts for a normalised 6% of OCBC's net profit.
CapitaLand establishes investment holding subsidiary
It also increased shares in its two other companies.
ERA Realty Network IPO launched
It is priced at 66 cents per share.
Asia Square Tower 2 sold to CCT for $2.1b
It marks the largest office deal in Singapore YTD.
Read Here
Advertise
Sign Up
Commentary
Bootstrapping in Singapore: How small startups can thrive without investors
How outdated financial solutions are fuelling the SME exodus
The role passwordless plays in securing Singapore’s digital future
Green shipping's future: Strategic partnership between public and private finance
The great Singapore family business transition: Why legacy companies are choosing sales over succession
Why SG60 must mark a cybersecurity turning point
What the global financial crisis can teach Singapore about decision-making today
Singapore is ready for EVs, but the industry needs to catch up
Navigating public–private collaboration in Singapore’s health tech and life sciences landscape