News
CDL Hospitality Trust buys two hotels for $799m
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%.
Daily Briefing: Three in four students expect starting pay of over $3,000; EPS to co-launch global maritime accelerator
And Taiwan’s cloud provider CloudMile plans to enter Singapore in 2020.
Chart of the Day: RCR takes up bigger share of sold new condos priced above $3m in Q3
The recently launched Avenue South Residence sold 26 units sized 1,000-1,500 sqft.
Daily Markets Briefing: STI down 0.28%
CapitaLand led the gains amongst top active stocks with a 0.3% climb.
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