Markets & Investing
Mohamed Salleh and family want to take Second Chance Properties private at $0.30 per share
The offeror owns 85.07% of the company’s shares.
Mohamed Salleh and family want to take Second Chance Properties private at $0.30 per share
The offeror owns 85.07% of the company’s shares.
Wealth inequality in Singapore surpasses other APAC nations
Inequality rose by 22.9% between 2008-2023.
SME performance up in Q2 2024, but expert predicts a flat year
In Q2, the OCBC SME Index hit 50.2, ending five quarters of contraction.
Temasek’s net portfolio value rises to $389b in FY 2024
The firm’s unlisted portfolio also grew by $31b.
Keppel DC REIT to acquire Tokyo Data Centre 1 for $201m
This marks Keppel DC REIT’s entry into Japan.
Azalea offers Astrea 8 retail bonds for public subscription
It is offering $260m Class A-1 and US$50m Class A-2 bonds.
Singapore investors pivot to ‘risk on’ approach ahead of expected rate cut: survey
Majority invest for long-term capital accumulation while nearly a third invest for income.
Temasek’s portfolio up 1.8% as returns from US, India pick up
China investments, meanwhile, underperformed.
Second Chance Properties requests a trading halt
It issued the request on 10 July, 7:37 am.
Why investors are shifting capital to US tech stocks
Seven in 10 investors allocate 75% of their equity to the US market.
Singapore IPOs slip in H1
Despite the dismal showing, five Singapore-based firms made their US debut.
Singapore tops SEA fintech funding in H1 with US$518M
The city accounts for 58% of SEA's total funds raised.
MAS’ total emissions up 14% YoY in FY2023
The central bank said it remains on track to reach long-term climate targets.
Mercurius Capital halts FY2023 AGM over unpaid audit fees
The company will also not issue a sustainability report for FY2023.
GSG Capital director fined for insider trading
Prior to announcing the acquisition of GreatSolutions, Tay Joo Heng bought 515,000 shares in its parent firm, GS Holdings.
Digital assets boost portfolio diversification in Singapore
Portfolio diversification and risk management drive adoption of digital assets among companies.
OCBC moves to delist Great Eastern with $25.60 final offer price
The IFA said that the offer is “not fair but reasonable".