Markets

CapitaLand Ascott REIT prices $150m perpetual securities at 4.60%

The REIT plans to issue the securities on or around 7 August.

CapitaLand Ascott REIT prices $150m perpetual securities at 4.60%

The REIT plans to issue the securities on or around 7 August.

Vertex Venture issues new redeemable preference shares

The funds raised will be used for investments in Vertex’s captive and network funds.

Singapore art market shows resilience with online sales surge

Despite global economic concerns, the art market remains stable.

78% of Singapore’s large listed companies advance in climate reporting

Nearly all companies have established roles or committees to manage climate risks and opportunities.

Singapore's climate reporting rises, but net-zero commitments lag

Climate reporting efforts began for 96% of issuers in FY 2023.

SGX securities market turnover down 11.2% YoY in June

Securities daily average value also declined 6.6% YoY to $1.11b. 

SBF renews Lim Ming Yan as chairman, appoints 6 new council members

Nine council members resigned upon completing their terms.

Séché Environnement to buy Singapore’s ECO for $605m

Séché expands its presence in Southeast Asia’s hazardous industrial waste market.

No changes in STI constituents after June review

There were also no changes in the STI reserve list.

Customer satisfaction improves in Singapore: study 

More customers gave recommendations than those who complained.

DBS, UOB, and OCBC lead SG stocks with a $500m net institutional inflow

The trio averaged 15.6% total returns from 1 January to 23 May.

HDB launches $900m fixed rate notes

The notes have an annual interest of 3.46%.

OUE Limited offers $1.25 per share in buyback proposal

The company plans to buy back 84,038,036 shares.

OCBC launches $676.95m fixed rate subordinated notes

The notes will have a coupon of 5.52% annually.

Daily Markets Briefing: STI up 0.04%; Top stock is DBS

DBS is the top stock despite a 1.204% decrease.