Staff Reporter
Latest Astrea bonds achieve 3.4 times subscription rate, draw over $3.4b
Latest Astrea bonds achieve 3.4 times subscription rate, draw over $3.4b
Fund manager Azalea increased the amount of retail bonds in Astrea 9 by 37%.Azalea Investment Management reported that the three classes of their Astrea 9 PE bonds garnered total subscriptions of over $3.4b, achieving a subscription rate of 3.4 times the US$780m bonds offered under both placement tranches and public offers.
BHG Retail REIT NPI down 16.1% in H1
This is due to the weakening of the RMB against the Singapore dollar.
SGX Group posts record revenue, profit for FY2025
Adjusted net profit rose 15.9% YoY to $609.5m.
Singapore ranks 4th in global startup ecosystem index 2025
The city-state recorded a 44.9% growth rate.
Frasers Property posts $1.4b residential sales
In Singapore, 712 units were sold.
Australia files proceedings against Singtel’s Optus over 2022 data breach
The Optus entities said they would review the claims and respond in due course.
Keppel raises $6.3b in 2025 for private funds
The total includes about $907m in new commitments for KEAF II and KDCF III.
Riverstone Holdings' net profit falls by 29.6 YoY in H1
Despite this, group revenue increased 0.1% YoY to $150m.
Daiwa House Logistics Trust’s NPI up 6.1% YoY in H1
NPI rose to $22.5m during the period.
IREIT Global sees 26% drop in DPU in H1
The decline is attributed to the full vacancy of the Berlin campus.
Rex International widens net loss in H1
It was mainly due to the depletion of oil and gas properties.
Leader wellbeing drives better decisions and safer workplaces: study
WWL said that it is 56 times more impactful than stress management programmes.
Singapore flight bookings up 17% for SG60 National Day break
The increase is being attributed to travelers taking advantage of the extended holiday.
UOB Kay Hian Alpha Picks gain 17.7% in July, beating STI
The Alpha Picks beat the STI by 12.4 percentage points on an equal-weighted basis.
Daily Markets Briefing: STI up 0.72%; Top stock is YZJ Shipbuilding SGD
YZJ Shipbuilding SGD is the top stock with a 7.99% increase.
DBS’ net profit flat in H1 despite higher tax expenses
Markets trading income rose to its strongest performance in four years.
IMAS and UK’s IA join Project Guardian for asset tokenisation initiatives
They are the first asset management-specific bodies to join Project Guardian.
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