News
CapitaLand Ascendas REIT subsidiary secures US$280m revolving credit facility
CapitaLand Ascendas REIT subsidiary secures US$280m revolving credit facility
The news follows its acquisition of a US logistic property asset from DHL USA.
COSCO Shipping begins construction on Jurong Island Logistics Hub Phase 2
This expansion will increase the logistics hub in Jurong to approximately 650,000 sq ft.
Mapletree announces plans to develop logistics facility in the US
The group acquired a 22.5-acre site in New Jersey.
Singapore dominates SEA in 2024 tech funding with $3b
The country saw a 50% increase in AI-related patents over the past five years.
Savills Singapore adds engineering services division
It aims to provide maintenance and repair solutions for mechanical and electrical systems
West Air to launch new Lhasa-Chongqing-Singapore route
The route will start operating on 25 December.
Koh Brothers unit secures new contract
The contract was awarded by an undisclosed party.
Wilmar improves score in Dow Jones Sustainability Index
This reaffirms the company's sustainability leadership.
Daily Markets Briefing: STI down 0.5%; Top stock is Frasers Cpt Tr
Frasers Cpt Tr is the top stock with a 0.95% increase.
FSL Trust unit offloads Cumbrian Fisher chemical tanker
The vessel is sold to an unrelated third party.
Mapletree Logistics Trust divests 1 Genting Lane warehouse for $12.3m
The divestment is not expected to have a material impact on MLT’s net asset value and net property income for FY2025/26.
Cromwell EREIT enters into new loan to refinance debt
The REIT will repay a loan for three office assets in the Netherlands.
Tuan Sing’s non-independent director buys 1M more shares for $.027 apiece
The shares were bought via an entity called Nuri Holdings.
Dyna-Mac dismisses Lim Ah Cheng as chairman and CEO
The company will be overseen by the directors and the management team.
November’s record private home sales ‘temporary’
Developer sales in December are expected to fall significantly.
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