5+ day, 13+ hour ago   (128+ words) Three-year bond carries a 2.1% coupon, with proceeds partly used to refinance debt. Mapletree Logistics Trust (MLT) has priced its inaugural offshore renminbi bond issuance at $94.2m (CNY500m) under its $3b Euro Medium Term Securities Programme. The net proceeds will be used for general…...

1+ week, 13+ hour ago   (282+ words) The government will continue to leave individual investment decisions to Temasek and its portfolio companies, including Singapore Airlines (SIA), as debate grows over the carrier’s exposure to Air India. In a media doorstop on 5 September, Senior Minister K Shanmugam said…...

1+ week, 11+ hour ago   (426+ words) The deal could give the company up to a 76.8% stake in the enlarged entity. Marco Polo Marine is set to retain control of its shipyard business through a reverse takeover valued at up to $139m, funded entirely through the issue of…...

1+ week, 5+ day ago   (221+ words) About $317.5m (US$250m) of the commitments went to MEGA’s first close. Mapletree Investments has secured more than $635m (US$500m) in equity commitments for the first close of its Emerging Asia logistics development strategy, spanning Malaysia, Vietnam, and India. The amount comprises $317.5m (US…...

1+ week, 5+ day ago   (170+ words) The data centre operator will retain its leadership and strategy following the deal. A KKR-led consortium comprising funds managed by KKR and Singtel has completed its acquisition of ST Telemedia Global Data Centres (STTGDC), as the data centre operator reported…...

1+ week, 5+ day ago   (274+ words) Co-living has fewer than 10,000 rooms despite a sizeable international workforce. Singapore’s rental market has limited options for tenants staying three to 24 months, creating an opening for investors targeting stays longer than hotels but shorter than conventional residential leases. “Singapore's private…...

2+ week, 11+ hour ago   (167+ words) The freehold District 11 site has secured over 80% owner consent in six months, with the tender closing 13 October. JLL has launched Gilstead Court for sale by tender for a reserve price of $198m, offering a rare freehold collective sale opportunity in Singapore's…...

2+ week, 5+ day ago   (199+ words) They will support companies seeking to expand into Singapore and ASEAN. United Overseas Bank (UOB) and the China-Singapore Guangzhou Knowledge City Administrative Committee (KCAC) have inked a memorandum of understanding (MOU) to strengthen cross-border business, investment, and financial collaboration in…...

2+ week, 6+ day ago   (192+ words) Personal loans made up 28.9% of liabilities during the quarter. Household net worth grew 6.8% year on year (YoY) in the second quarter, up from 6.7% in the first quarter, according to the Department of Statistics. The increase came as household assets grew…...

3+ week, 3+ day ago   (184+ words) The facility will use liquid cooling and draw over half its power from green energy pathways. ST Telemedia Global Data Centres (STT GDC) has been selected to develop 50MW of new data centre capacity in Singapore, one of four operators awarded…...