Markets & Investing

CDL invests $1.1b in Chinese real estate firm Sincere Property Group

The firm will indirectly hold a 24% stake in Sincere.

CDL invests $1.1b in Chinese real estate firm Sincere Property Group

The firm will indirectly hold a 24% stake in Sincere.

Middle East's Utico submits $400m binding offer to invest in Hyflux

The move comes after the private utility and developer submitted a non-binding letter of intent in May 3.

Singapore to launch corporate structure for investment funds

The move aims to encourage fund managers to set up operations in Singapore.

Best World discloses relations with primary import agent in China

Its legal representative in Changsha Best Commodity Trading Co. is the CEO’s brother-in-law.

SGX daily average value up 2% to $1.05b in April

Total derivatives traded volume rose 37% YoY to 20.8 million contracts. Securities daily average value (SDAV) in the Singapore Exchange (SGX) gained...

Keppel arm sells 100% stake in HPJ Limited Liability Enterprise for $1.36m

It sold its interests to Sabir Aliyev, a citizen and resident of the Republic of Azerbaijan.

Daily Briefing: Five-room HDB flat in Boon Tiong Road sold for record $1.2m; Allianz Real Estate invests US$600m into GLP

And about 164,000 Singaporeans living in private properties have not declared their income.

Financial comparison startup GoBear unveils $108.96m in funding

The proceeds will be used to enhance the platform’s search and match functionality and finance hiring.

Entrepreneurial “Royalty” Comes to National Achievers Congress 2019 in Singapore

Top investor and entrepreneur Gary Vaynerchuk, and #1 world sales trainer Grant Cardone are back by popular demand.

United Engineers converts $333m loan to green home development loan

It will be used to develop a Dairy Farm road parcel into a green residential property.

Unicorns deploy funding into corporate venture funds in bid for superapp status

Drawn by the growth story in Southeast Asia, corporate venture capital funds by unicorns as well as by foreign challengers are setting their sights in...

Suntec REIT issued 111.11 million new units at $1.80 apiece

The new units will commence trading on the SGX-ST on 6 May.

Share buybacks plummeted 69.23% to $36m in April

OCBC bought back $25.56m worth of shares. Share buybacks by SGX-listed firms crashed 69.23% YoY to $36m in April from $117m a year ago, according to...

Keppel looks to raise $500m via two note issues

The notes are expected to be issued on 7 May on the SGX-ST.