News
Daily Markets Briefing: STI down 0.38%
Daily Markets Briefing: STI down 0.38%
JHM USD led the gains amongst top active stocks with a 1.25% rise.
Daily Briefing: Biotech firm Curiox Biosystems raised $20.45m in series B funding; GIC acquired Grade A office tower in Paris
And a Holland Road Shopping Centre carpark is up for sale at $32m.
Greater Southern Waterfront to spur massive gains for MCT
Majority of MCT’s portfolio is within the HarbourFront Area, including its crown jewel VivoCity.
Olam secures $2.09b debt refinancing
It consists of three tranches including a 364-day revolving credit facility of $832.69m.
Proceeds from REIT share sales hit all-time high of $3.1b
Increasing investor demand is pushing REITs on a fundrasing spree.
CapitaLand Treasury issues $500m perpetual notes
Listing of the notes is expected to take place on 18 October.
SPH profits dropped 23.4% to $213.21m in FY2019
This was due to falling print advertisement and circulation revenue.
Keppel Corp profits crashed 29.7% to $159.28m in Q3
Pre-tax profit from its property division nearly halved to $123m amidst lack of divestment gains.
Property investment sales up 33.8% to $8b in Q3
Public investments surged thanks to more sales under the Government Land Sales programme.
SGX to launch $1.5b multicurrency debt issuance programme
The net proceeds will be utilised to finance investments of the firms and its subsidiaries.
IMDA calls proposals for rolling out 5G
Two MNOs will be picked to deploy a 3.5GHz spectrum band.
Daily Markets Briefing: STI down 0.27%
CityDev led the gains amongst top active stocks and rose 5.16%.
Chart of the Day: CBD office supply could hit 4.6 million sqft in 4 years
New offices in the Marina Bay Area are expected to boost supply.
Daily Briefing: AA REIT ends $94.91m secondary placement; NTUC FairPrice stops charging for plastic bags
And here’s how Penang is planning to lure in Singaporean visitors.
GlobalTix launches single e-ticket for all tourist spots
Tourists will just need to scan a QR code to get their ticket.
Premium ride hailing app Li-nk launches in Singapore
First class vehicles like an Audi 8L can be booked for $145 per hour.
Only 34% of Singapore SMEs are insured from cyber risks
SME leaders remain aloof amidst cyber threats.
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Commentary
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