Posts by Swedan Margen
Stocks to watch: Singtel, Hongkong Land, Keppel Reit, FLCT, GuocoLand, ESR-Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Feb 4): Singtel : KKR and Singtel will acquire Singapore-based ST Telemedia Global Data Centres for S$6.6 billion, in one of the largest data-centre transactions in Asia. Upon completion, KKR and Singtel will own stakes of 75 per cent…
Read MoreMore risk-taking and entrepreneurship now, but Singapore mindsets must change further
Academics and market watchers call for bolder policy design, and for moves to encourage an entrepreneurial spirit to start earlier [SINGAPORE] The spirit of entrepreneurship and willingness to take risks appear to be taking root, even as the panel undertaking the Economic Strategy Review (ESR) says these qualities are what Singapore needs to thrive in…
Read MoreIndonesian miners halt spot coal exports over proposal to cut output
Published Wed, Feb 4, 2026 · 08:13 AM [NEW DELHI] Indonesian miners have halted spot coal exports after the government proposed deep production cuts, leaving Asian buyers unable to secure supplies from the world’s largest exporter, industry officials said on Tuesday. Indonesia last month issued output quotas to major miners that were 40 per cent…
Read MoreForget US megacaps. Buy Asia’s cheaper AI stocks, say analysts, naming Singapore picks
A rebalancing beyond US tech giants could unleash artificial intelligence opportunities for Asia [SINGAPORE] A shift beyond US tech megacaps and rising global demand for artificial intelligence (AI) could spur AI opportunities across Asia, said JP Morgan Asset Management (JPMAM). The argument for Asian assets could be strengthening, especially as recent Trump administration moves –…
Read MoreESR-Reit H2 DPU up 7.1% to S$0.10675
The distribution for H2 will be paid out on Mar 24, following the record date of Feb 12 [SINGAPORE] The manager of ESR Real Estate Investment Trust (ESR-Reit) on Wednesday (Feb 4) posted a distribution per unit (DPU) of S$0.10675 for its second half ended Dec 31, 2025, up 7.1 per cent from S$0.0997 in…
Read MoreEU to offer US critical minerals partnership to check China
The partnership aims to jointly find ways to source critical minerals without relying on the Asian nation Published Wed, Feb 4, 2026 · 07:49 AM [LONDON] The European Union will pitch the US on a critical minerals partnership to curb China’s influence, looking to shape the Trump administration’s push to strike global agreements this week.…
Read MoreKeppel Reit H2 DPU down 10.4% at S$0.0251 amid enlarged unit base, higher NPI
Lower DPU also due to absence of contributions from acquisitions completed in December [SINGAPORE] The manager of Keppel Reit posted a distribution per unit (DPU) of S$0.0251 for the second half ended Dec 31, 2025, down 10.4 per cent from S$0.028 in the year-ago period. This brought its full-year DPU to S$0.0523, 6.6 per cent…
Read MoreKeppel Reit H2 DPU down 10.4% at S$0.0251 amid enlarged unit base
Meanwhile, net property income is up 2.4% at S$107.7 million in the latest half year [SINGAPORE] The manager of Keppel Reit posted a distribution per unit (DPU) of S$0.0251 for the second half ended Dec 31, 2025, down 10.4 per cent from S$0.028 in the year-ago period. Speaking at an earnings briefing on Wednesday morning…
Read MoreAnalysts see KKR-led STT GDC deal accelerating Singtel’s push to digital infrastructure
The deal positions the telco as one of Asia-Pacific’s largest data centre players [SINGAPORE] A S$6.6 billion deal led by private equity giant KKR, alongside Singtel, to acquire Singapore-based ST Telemedia Global Data Centres (STT GDC) is expected to propel the telco to a top-tier position in the Asia-Pacific data centre space. It also positions…
Read MoreKKR, Singtel buy STT GDC for S$6.6 billion in one of Asia’s largest data centre deals
[SINGAPORE] A KKR-led consortium, along with Singtel, will acquire Singapore-based ST Telemedia Global Data Centres (STT GDC) for S$6.6 billion. The deal, one of the largest data-centre transactions in Asia, was announced by Singtel in a bourse filing on Wednesday (Feb 4). The acquisition implies an enterprise value of S$13.8 billion for STT GDC, including…
Read MoreAlphabet plots big expansion in India as US restricts visas
Published Wed, Feb 4, 2026 · 07:16 AM [BENGALURU] Alphabet is plotting to dramatically expand its presence in India, with the possibility of taking millions of square feet in new office space in Bangalore, India’s tech hub. Google’s parent company has leased one office tower and purchased options on two others in Alembic City, a…
Read MoreSecurities financing gains traction among Singapore banks amid global demand, wealth inflows
While interest for SGX stocks are still limited, equities reform can encourage more activity, observers say [SINGAPORE] More financial institutions in Singapore are eyeing the securities financing business, given increasing global demand and a growing supply of assets as wealth continues to flow into the Republic, observers said. Singapore’s securities financing market is still relatively…
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