Markets & Investing
CICT closes preferential offering with 48.5% excess applications
CICT closes preferential offering with 48.5% excess applications
The excess applications totalled 183,034,982 units
Temasek participates in 3650 REIT $552.5m capital funding
The capital will be deployed across 3650’s credit strategies.
Bromat Holdings appoints SAC Capital as new continuing sponsor
It will be effective from 27 September 2024.
Mencast Holdings' substantial shareholder disposes 1.6 million shares for $51,213
The couple’s total interest in the company fell to 5.74% from 6.09%.
First Sponsor raises $244m from oversubscribed rights issue
It issued the securities for $1.08 piece.
Former DBS exec joins Mapletree Industrial Trust board
Kwok Seat Moey will begin her duties as director on 1 October.
PeakBayou proposes $0.07 per share offer for Amos Group
The offer price is final and will not be increased.
Blackpanda raises $8.6m funding for IR-1 cyber solution enhancement
This brings the company’s total Series A round size to $27.9m.
CLINT manager secures $50m sustainability-linked loan
It secured the loan from the Bank of East Asia
Trade Minister Gan Kim Yong to join GIC Board
He will be part of the board on 1 October.
Frasers Hospitality Trust managers tap Benjamin Kuah as CFO
He began his duties on 25 September.
ValueMax raises $15.1m from latest digital securities issuance
It will be listed on the ADDX digital platform on 25 September.
Billionaire clans may fuel Singapore’s future private equity buyout wave
The city-state’s 1,650 single-family offices are helping drive a private capital rebound.
COTD: Singapore deal volume drops 22.5% in 8M24
Deal activity in the entire APAC region also declined.
Brookfield raises $3.1b for clean energy fund
The fund is supported by ALTÉRRA.
Temasek commits $100m for climate action initiatives
It aims to help achieve the 1.5 degree climate goal.
GIC divests 50% of Westfield Whitford City to JY Group for A$195m
The acquisition marks JY Group's first joint venture with Scentre Group.
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