Staff Reporter
Acrophyte Hospitality Trust unit sells Michigan property for $8.5m
The net divestment proceeds are estimated at approximately $7.9m (US$6.2m).
Thakral associate GemLife plans IPO on the Australian bourse
The IPO will unlock GemLife's value for its stakeholders.
Keppel nets $80m through stake divestments in New York and China
The divestments are part of its asset monetisation programme.
MPA, NYK Group advance collaborative efforts on MASS trials
This is amongst the initiatives under the MPA-NYK memorandum of understanding in 2024.
Digital token firms serving foreign clients must obtain a license: MAS
Without a license, they will need to cease operations by 30 June.
MPA, Bureau Veritas extend MoU on maritime innovation and talent development
As part of the renewed MoU, they plan to explore setting up a BV innovation hub in Singapore.
DBS and UOB fund $530m data centre campus in Indonesia
Three data centres will be developed in the Nongsa Digital Park (NDP) in Batam.
Two Singapore hospitals partner with Keppel to explore district cooling collaboration
The MoU will study whether the DCS plant can supply chilled water to the hospitals.
SIAS slams Great Eastern on outcome of previous delisting offer
Great Eastern received a new voluntary delisting offer of $30.15 per share.
Retail sales edge up 0.3% YoY in April with broad-based growth
Excluding motor vehicles, growth would be higher year-on-year.
F&B sales rise 1.2% YoY in April, reversing March drop
In March, sales declined 2.7% YoY.
CapitaLand expands lodging fund with Tokyo mixed-use acquisition
This is the fund’s third acquisition and second in Japan.
Great Eastern secures extension to complete delisting
It was granted an extension until 30 September 2025.
Digital wealth platform Syfe raises $80m in funding round
It now has over $10b in assets, it said.
Retail vacancy up 0.6% in Q1
New completions increased available retail space.
Daily Markets Briefing: STI up 0.21%; Top stock is Sembcorp Ind
Sembcorp Ind is the top stock with a 3.01% increase.
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