Stocks
Quarz Capital urges merger between Ascendas Hospitality Trust and Ascott Residence Trust
Quarz Capital urges merger between Ascendas Hospitality Trust and Ascott Residence Trust
The merger is said to bring an asset base and market cap exceeding $6.6b and $3.6b, respectively.
No Signboard under investigation by CAD
This follows after its CEO conducted an abortive share buyback.
Daily Markets Briefing: STI up 0.13%
Expect some gains today.
SGX net profit rose 2.8% to $99.7m in Q3
Its REITs sector contributed 20% of the overall securities daily average value in the quarter.
Daily Markets Briefing: STI down 0.36%
Don't expect gains today.
Daily Markets Briefing: STI up 0.27%
Don't expect gains today.
Chart of the day: Top consumer staples stocks reverse 2018 decline as YTD returns hit 12.9%
Indofood Agri Resources' returns hit 46.6%.
Daily Markets Briefing: STI down 0.13%
Expect muted gains today.
Daily Markets Briefing: STI up 0.3%
Wall Steet's gains could buoy the local market today.
Chart of the Day: SGX stocks with Chinese exposure rebound 25% YTD
The rally comes after China posted better than expected Q1 GDP growth figures.
Daily Markets Briefing: STI down 0.03%
Expect muted gains today.
Daily Markets Briefing: STI up 0.5%
Expect muted gains today.
Ascendas Property raises total note issuance from $500m to $1.5b
The firm has also entered into a supplemental trust deed with DBS Trustee.
Daily Markets Briefing: STI up 0.19%
Expect muted gains today.
Daily Markets Briefing: STI down 0.18%
Expect muted gains today.
Surbana Jurong further subscribes to $300m of Changi Airports' bonds
This follows after the firm first subscribed for $500m bonds of Changi Airports.
UIC increases stake in Marina Centre Holdings for $485m
The company will be buying 10% of MCH’s shares from OUE, 10.27% from Finnegan and 4% from Mackmoor.
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