Singapore

Unitholders greenlight FLT and FCOT merger

They also approved the payment of all fees and expenses relating to the proposed merger.

Unitholders greenlight FLT and FCOT merger

They also approved the payment of all fees and expenses relating to the proposed merger.

Wirecard to process GrabPay transactions for MSMEs

It will also expand GrabPay to more merchants.

SPH revamps UK student accommodation portfolio for $18.9m

112 non en-suite rooms will be converted to private rooms.

Daily Markets Briefing: STI down 1.72%

SGX saw the sharpest decline amongst top active stocks with a 3.7% fall.

Dwindling retail property supply to be a boon for REITs

A ‘landlord-favourable’ market will persist, whilst occupancy rates could stabilise at 93%.

AllRites expedites the film rights acquisition process

Its platform will shorten the month-long process to a day.

Sales software firm Novocall bags $700,000 in seed funding round

It will use the money to expand to Indonesia and Thailand.

Spacetech firm Aliena strengthens satellites and their accessibility

It gives satellites longer lifetimes that conventional thrusters cannot handle.

APAC healthcare deal value dropped 29% to $11.5b in 2019

The total deal size in Southeast Asia surged to $2.4b.

KKR names Chee-Wei Wong as Head of Global Impact for Asia

He will support impact-related portfolio companies across Asia Pacific.

Can aged care assets buoy Singapore Press Holdings?

Its acquisitions in Japan and Canada would enlarge its recurring income base.

PropNex's salesperson count jumped 12.5% in 2019

Its headcount grew in line with profits, which jumped over three-fold in Q4 2019.

Condo rents up 3.3% in February

Volumes also rose as some contracts were inked before the COVID-19 outbreak.

CIMB Singapore plays to its strengths as neobanks loom

The bank is gearing up its tech and customer-employee experience amidst an increasingly tech-centered industry.

URA awards tender for Canberra Drive site to UOL unit's JV

The 99-year leasehold site has an area of 296,719 sqft.