Markets & Investing
Daily Briefing: Luxury home prices down to all-time low at 2.9%; Taxpayer money will not be used to aid Hyflux investors
And Singapore-based offshore & marine company Swiber bags $200m from Seaspan Corporation.
Daily Briefing: Luxury home prices down to all-time low at 2.9%; Taxpayer money will not be used to aid Hyflux investors
And Singapore-based offshore & marine company Swiber bags $200m from Seaspan Corporation.
China slowdown to weaken APAC cross-border sentiment in 2019
Chinese corporates' onshore funding costs are forecasted to fall further.
Keppel Infrastructure Trust to raise $200.79m in preferential share offering
The offering will close on 4 April.
Malaysia-based Fortress Minerals debuts on Catalist board at $0.22
It produces iron ore concentrate sold to firms in China and Malaysia.
Sinarmas Land-Rongqiao Group joint venture to invest $44.7m in Taicang Rongguan Real Estate Development
The investment will boost Sinarmas Land’s property development footprint in China.
Daily Briefing: Singapore law firm clears Wirecard of some corruption claims; Temasek invests US$29m in Vietnamese Internet major VNG
And tech-enabled student housing startup Oxfordcaps raises $11m in series A funding.
First Sponsor Group to undertake rights issue for $399.5m
It dropped its initial plan to issue warrants for perpetual capital securities.
Daily Briefing: Singapore's credit market bore the brunt of regional distress; ERA Realty Network gives $1m grant to real estate startups
And London-based regtech firm ClauseMatch expands in Singapore.
SMEs open to business transformation investments amidst souring economic expectations: poll
The manufacturing sector saw the highest uptick in capital investment expectations by 2.15%.
Pine Capital requests for trading suspensions as its subsidiary causes potential conflict of interest
The group will appoint an independent reviewer to investigate the allegations.
Daily Briefing: GIC and Temasek ate up 60% of sovereign fund deals in 2018; Singaporean PE firm Tembusu Partners invests $201.4m in Chinese projects
And luxury property Boulevard 88 sold 20 out of 25 units for $3,550 psf.
MAS reopens $2b of the 5-year SGS bond
Intended tender amount is at $100m and the minimum denomination is at $1,000. The Monetary Authority of Singapore (MAS) will re-open $2b of the 5...
Challenger Technologies to delist with $0.56 exit offer price
It cited weak retail sentiment and industry disruption amongst its reasons for delisting.
Raffles United Holdings gets SGX nod to list 234.06 million new ordinary shares for $0.05 apiece
The rights issue could raise between $7.6m-$11.6m in net proceeds.
China's VC deal value surged 89% to $78.2b in 2018
Chinese startups clinched almost 1 in 3 global VCs.
Chart of the Day: Singapore's VC investments hit $6.65b in 2018
VC investment activity stands at $174.3b (US$129b) in Asia.
SIA set to issue $500m of five-year fixed rate bonds
It may upsize the offer to up to a maximum of $750m if it gets oversubscribed.