Singapore
UOB, DBS and StanChart grant $945m green loan for DUO Tower deal
The loan was granted to Allianz Real Estate and Gaw Capital Partners.
UOB, DBS and StanChart grant $945m green loan for DUO Tower deal
The loan was granted to Allianz Real Estate and Gaw Capital Partners.
Tender sale of Raffles Place property moved to March 5
Developer requested for more time to assess the site.
Keppel Land partners with Indian developer to build Mumbai township
Keppel Land will acquire a 49% stake in the JV company for $78.2m. Keppel Land has entered into a joint venture (JV) with Indian developer, Rustomjee Group, to build the 51.4-hectare Urbania integrated township located in the Thane district of Mumbai Metropolitan, according to a release.
Keppel Infrastructure subsidiary buys 18% stake in Zerowaste Asia for $5m
The two companies look to maximise intersecting reusable waste solutions.
GIC buys real estate portfolio in Europe for $1.43b
It includes 28 assets in logistics hubs across Europe.
Top five industrials stocks averaged total return 34.1% YTD
CITIC Envirotech leads the pack with a total return of 44.9%.
Daily Markets Briefing: STI up 0.61%
Venture led the gains amongst top active stocks with a 3.79% expansion.
Chart of the Day: Check out the condos with the most leasing deals in Q3
Half of the units from the most popular project have floor areas between 600-800 sqft.
Daily Briefing: Grab launches electric vehicles in Indonesia; Medtech firm AWAK Technologies clinches $54m funding
And proptech startup MOGUL.sg partners with real estate agency Century 21.
Jardine Cycle & Carriage to sell shares in Bank Permata for $1.53b
Proceeds will be used for investment purposes.
Robocash integrates European platform to its Singapore holdings
European P2P investors will be able to invest in the business development of the group in Southeast Asia.
MAS co-launches steering committee for the insurance industry
It will monitor trends and identify emerging issues, collaborate with MAS on initiatives.
Great Eastern partners with Malaysian fintech to launch SMEs pool-based insurance
Takaful products will be offered across Malaysia and Indonesia.
SIAEC to provide engine maintenance to France's Safran Aircraft Engines
They will provide engine Quick Turn (QT) and modification embodiment services.
Daily Markets Briefing: STI up 0.69%
SGX led the gains amongst top active stocks with a 2.01% growth.
Singapore banks to record flat EPS growth in 2020
Any revenue expansion will be offset by increases in credit costs.
Daily Briefing: SingSaver launches digital insurance comparison platform; Hardware firm Home-Fix closes down
And Pan Pacific Hotels Group rebrands The Westin Prince Hotel in Toronto.
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