Markets & Investing
Boustead Singapore makes an exit offer of $1.18 per share for Boustead Projects
The exit offer is unconditional.
Boustead Singapore makes an exit offer of $1.18 per share for Boustead Projects
The exit offer is unconditional.
SG’s deal volume drops 21.3% YoY in January-October 2023 period
The decline in deals was also observed across multiple APAC markets.
Singapore ranks 10th in global ranking of top unicorn-producing countries
In Asia, Singapore ranks third.
CGS-CIMB launches CSI 1000 ETF on SGX
This marks the first CSI 1000 ETF listed outside of China.
United Hampshire US REIT achieves higher net property income of US$38.7m in 9M23
The REIT’s net property income rose 12.2% YoY.
CapitaLand Investment’s revenue dips 3% YoY to $2.1b in 9M23
CLI’s real estate investment business weakened during the period.
IREIT’s portfolio occupancy slightly rises to 90.4% in 3Q23
In 2Q23, occupancy was at 88.7%.
SG commercial property investment volume cut by more than half in 3Q
Deal activity in Singapore totaled only US$571m.
Keppel REIT prices $200m notes at 3.72%
The notes are due in 2026.
EC World REIT’s distribution per unit drops 32.8% YoY in 3Q23
The REIT also reported lower net property income and gross revenue during the period.
Singaporean investors pour more capital on APAC properties in 1H23
Inbound capital flow in APAC from SG in 1H23 was 3% higher than its three-year average.
Frasers Hospitality Trust's DPS rises 49.3% YoY in FY23
Gross revenue and NPI also improved during the period.
What you need to know about Singapore's proposed investment management regime
The regime will apply to local and foreign investors.
Early-stage companies account for 78% of deals in SG in 9M23
There have been 358 deals in the first three quarters of the year.
Niks Professional's IPO subscribed 1.8 times
The company received 213 valid applications for 1 million public offer shares.
Far East Hospitality Trust's net property income soars to $28.1m in 3Q23
The 3Q23 NPI is 42.4% higher than the 3Q22 record of $19.7m.
Tuan Sing Holdings prices $150m notes at 7.50%
The notes are due in 2027.