News
Daily Markets Briefing: STI down 0.5%; Top stock is Frasers Cpt Tr
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.
Hong Leong appoints Ng Chee Khern as independent non-executive director
He will also be a member of the board sustainability committee.
Allianz bids Income Insurance 51% takeover goodbye
The move follows changes to the Insurance Act announced last 14 October.
Non-oil exports grow 3.4% in November on strong electronics
Electronic NODX rose 23.25 YoY.
CLAR to acquire, lease back DHL Indianapolis Logistics Center in $150.3m deal
This marks CLAR’s first acquisition and leaseback deal in the US.
IREIT Global Group reorganizes board, remuneration committee
It will take effect starting 1 January 2025.
Singapore Airlines’ passenger capacity up 9.3% in November
Passenger traffic also grew by 8.3%.
Wee Hur sells $1.37b asset to Greystar
The net proceeds will enable Wee Hur to reallocate its capital.
AI raises security risks for S’pore tech businesses: report
Higher adoption leads to greater risks.
Daily Markets Briefing: STI up 0.28%; Top stock is OCBC Bank
OCBC Bank is the top stock with a 1.43% increase.
iFAST Singapore launches China desk to meet Chinese investor needs
The new desk will be established in Singapore and Hong Kong.
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Commentary
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