News
ARA US Hospitality Trust posts $2.02m net loss in H1
ARA US Hospitality Trust posts $2.02m net loss in H1
It suffered with a drop in hotel occupancies and temporary hotel closures.
OUE records $207.16m loss in H1
Weaker operating performance and the sale of US Bank Tower dragged it down.
SGX to roll out two REIT futures
Both futures are designed to allow broad distribution to US and global institutional investors.
Telstra sells data centre in Australia for $410.16m
The sale includes a triple-net lease-back arrangement.
Yanlord, GIC to co-invest in residential projects for up to $1.38b
Yanlord and GIC shall own effective interests of 51% and 49% in each project respectively.
SBR Management Excellence Awards 2020 is now accepting nominations
Deadline for entries is on 16 October 2020.
Total share buyback value plunges to $2.9m in July
The low level of buyback consideration coincided with a 2.3% decline in the STI.
Daily Markets Briefing: STI up 1.24%
AEM led the gains amongst top active stocks with a 14.48% expansion.
Chart of the Day: Office occupancy rate in the CBD down 1.5 ppt in Q2
The subzone recorded a negative net absorption of 463,000 sqft.
Daily Briefing: AirAsia to resume Malaysia-Singapore flights; Biotech startup Gero raises $3.02m in series A round
And e-learning marketplace ACKTEC secures undisclosed funding.
Utico grants deadline extension of RA acceptance for Hyflux
The UAE-based firm further reiterates that there are no other offers made available to them.
MAS, NRF, NUS to set up school for digital finance and fintech
It aims to build up leadership and innovation in the region.
Singapore's GIC, Temasek buy shares in India's most profitable bank
Bandhan Bank’s biggest shareholder sold some of its stake to meet regulatory rules.
Grab Financial floats products under new strategy
These include a micro-investment solution and "buy-now-pay-later" plans.
Suntec REIT completes premium grade office development in Australia
The retail space at Olderfleet is set to complete by end-2020.
CapitaLand unit trims stake in GKK for $78.6m
The group’s interest in the Chinese real estate developer fell to 45%.
Hong Leong Asia secures 97.23% shares of cement firm Tasek
The trading of Tasek’s shares will be suspended beginning 11 August.
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Commentary
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