News
Mandarin Gardens kills second en bloc attempt amidst failure to meet 80% consensus
Mandarin Gardens kills second en bloc attempt amidst failure to meet 80% consensus
Only proprietors comprising 68.34% of the 1,017 units signed the deal.
HDB awards Pasir Ris Central tender for $700m
The mixed-use development comprises a bus interchange, a polyclinic, and a town plaza.
Singtel boosts ICT and digital businesses amidst declining legacy voice revenue: analyst
Its additional Airtel rights buy will not derail from its mandate to pay out $0.175 dividends for FY2019 and FY2020.
Keppel Corporation arm bags $425m deal with drilling contractor Awilco Drilling PLC
It will construct a second mid-water semi-submersible drilling rig for harsh environment use.
Daily Markets Briefing: STI down 0.05%
Don’t expect gains today.
Chart of the Day: Industrial sector's vacancy rates to hit 12.1% in 2020
Rentals across industrial, warehouse and business parks sectors would also start turning up from 2019 onwards.
Wilmar's China unit set for $12-13b market cap upon Shanghai IPO: analyst
It is backed by its ARAWANA brand for cooking oil, pack rice, flour, and pack dry noodles.
Changi Airport passenger movements up 4% in February
Passengers from Europe and North America led the growth.
50,000 government-linked email credentials found in illegal data banks
Most are either outdated or bogus addresses, but 119 are still being used.
Two consortiums to trial self-driving environmental service vehicles for road cleaning
They will apply AV technology to commercial mechanical road sweepers.
PGIM Real Estate AsiaRetail Fund's assets could propel Frasers Property's retail mall position
Frasers raised its stake in the fund to 47.82% for $601.5m.
PUB slams Hyflux investor's basis for withdrawing from restructuring deal
SM Investments gave Hyflux two weeks to resolve its default or it will terminate the restructuring deal.
Property investment sales eased 31.4% to $3.59b in Q1
The residential sector accounted for 30.4% of sales volume.
ThaiBev launches luxury InverHouse whisky portfolio
The offerings focus on Ready to Drink spirits like the Kulov Max 7 vodka.
Daily Markets Briefing: STI up 0.19%
Expect muted gains today.
Daily Briefing: GIC and Temasek ate up 60% of sovereign fund deals in 2018; Singaporean PE firm Tembusu Partners invests $201.4m in Chinese projects
And luxury property Boulevard 88 sold 20 out of 25 units for $3,550 psf.
Chart of the Day: Delay in industrial property completions in 2018 to boost supply in 2019
Supply in single-user factory spaces could jump by c.9%.
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