Markets & Investing
Keppel DC REIT to raise $473.8m to fund acquisitions
Keppel DC REIT to raise $473.8m to fund acquisitions
It will be used to buy 99% in Keppel DC Singapore 4 and 1-Net North Data Centre.
Keppel unit sells 51% stake in DataCentre One for $102.9m
The proceeds will be used for other acquisitions and refinancing purposes.
SGX approves delisting of steel manufacturer Delong Holdings
The application was sent on 21 August.
GIC-led consortium invests $690.18m in retail company VCM
The consortium now holds a minority stake in VCM.
Top 30 stocks by turnover outpaced STI in 8M19
These companies saw returns of 11.5% compared to the benchmark’s 4.8%.
Daily Briefing: Luxury items company Reebonz to delist from Nasdaq; Security solutions provider Oneberry raises $30m in Series A round
And a generous election budget is expected to ease voters’ economic fears.
Daily Briefing: Private capital raising platform CapBridge gets $5.54m investment; Build environment sector receives a $20m boost.
And GEC-KIP Fund invests $3.2m in Vietnamese proptech firm Rever.
Ascott Residence Trust issued $150m in fixed rate perpetual securities
It will be used to fund the redemption of $150m 5% perpetual securities.
Temasek joint venture to invest nearly $70m in supply chain startups
Reefknot Investments will focus on series A and B rounds of startups.
Share buyback consideration hits $70.1m in August
23 SGX-listed stocks bought back 71.5 million shares.
Offshore bonds issued by Chinese property developers plunged to $1.6b in August
About $3.7b are set to mature for the remainder of the year.
CPF assets up 6.63% to $374.87b in 2018
It is ranked as the world's ninth largest pension fund.
DBS extends hybrid human-robo investment portfolio to retail investors
They can access four to seven ETFs with a minimum investment sum of $1,000 or US$1,000.
Singapore's leading startup players to gather at SBR Hottest Startups Panel Briefing 2019
It will be held on 24 October.
Singapore's Asian outbound capital fell 37% to $7.92b in H1
The decline could be seasonal as investors are typically more active in H2.
ST Integrated Engineering seeks to raise $4m via private listing
The proceeds will fuel expansion overseas and tech development.
Daily Briefing: Streetwear startup Novelship raises $2.85m from seed funds; Insurtech startup Axinan ties up with Indonesia's Bukalapak
And Diesel engines provider XMH Holdings to divest 80% stake at Z-Power.
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