News
First Sponsor Group to undertake rights issue for $399.5m
First Sponsor Group to undertake rights issue for $399.5m
It dropped its initial plan to issue warrants for perpetual capital securities.
Hyflux to resolve disputes over Algerian desalination plant through ICC
It needs to respond to disputes over three deals and one protocol through arbitration.
Frasers Property launches A$600m ‘green' loan in Australia
It will refinance an existing debt facility due in 2020.
SIAS slams Hyflux as path to restructuring with SMI turns foggy
Investor anxiety is rising as Hyflux is not resolving issues to keep the restructuring on track, it said.
Keppel Capital and co-investors to buy Yi Fang Tower in Shanghai for $925.99m
It is made up of two 18-storey towers and a retail podium.
Daily Briefing: Singapore's credit market bore the brunt of regional distress; ERA Realty Network gives $1m grant to real estate startups
And London-based regtech firm ClauseMatch expands in Singapore.
Daily Markets Briefing: STI down 0.91%
Don’t expect gains today.
Chart of the Day: Warehouse rents may jump 2% to $1.80 psf by 2021
Occupancy rates are also projected to improve to 90% over 2019 and 2020.
Alibaba's Taobao debuts Jiyoujia home and living brand in Singapore
Taobao’s NomadX store will feature furniture items from the platform and recommendations via digital showcases.
SMEs open to business transformation investments amidst souring economic expectations: poll
The manufacturing sector saw the highest uptick in capital investment expectations by 2.15%.
National Wages Council invites views on wage recommendations
NWC will convene in April and May 2019 to develop its annual guidelines on wage and employment-related issues.
Inflation further eased to 1.5% in February
The fall reflected lower inflation for services, retail items and electricity & gas.
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.
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