Business
Keppel Asia Infrastructure Fund leads divestment of 800 Super at over S$600 million
The sale is expected to be completed before the end of the year, and is subject to approval from the relevant regulators The…
Tag
million
Business
Keppel DC Reit acquires Tokyo data centre for 82.1 billion yen, launches preferential offering to raise S$404.5 million
The new, freehold facility is contracted to a leading global hyperscaler for 15 years The manager of Keppel DC Reit on Monday (Sep 22)…
Business
Keppel DC Reit raising S$404 million from unitholders to help fund 82-billion yen Tokyo data centre buy
Under preferential offering, unitholders are entitled to 80 units for every 1,000 units owned at $2.24 each The manager of Keppel DC Reit…
Business
Mapletree Investments offloads Melbourne office building for over A$90 million, at steep discount
The price tag is almost 38% lower than its original purchase price of A$145 million in 2017 Temasek-owned real estate group Mapletree…
Business
Hongkong Land shares jump 12% on S$738.7 million MCL Land divestment
This follows its move to sell its Singapore and Malaysia property arm to Malaysian conglomerate Sunway Group Shares of Hongkong Land…
Business
Hongkong Land shares soar 12% to six-year high on S$738.7 million MCL Land divestment
It is selling its Singapore and Malaysia residential property arm to Malaysian conglomerate Sunway Group as it exits the residential…
Business
Hongkong Land closes 1.2% higher on S$738.7 million MCL Land divestment
It is selling its Singapore and Malaysia residential property arm to Malaysian conglomerate Sunway Group as it exits the residential…
Business
Nvidia spent over US$900 million to hire Enfabrica CEO, license technology, CNBC reports
NVIDIA has spent over US$900 million to hire Enfabrica CEO Rochan Sankar and other staff at the artificial intelligence hardware startup…
Business
Sunway group to buy Hongkong Land’s property arm MCL Land for S$738.7 million
Real estate group Hongkong Land Holdings will sell its Singapore and Malaysian property arm MCL Land to Malaysia’s Sunway group for…
Business
Malaysia's Sunway Group to buy Hongkong Land’s development arm MCL Land for S$738.7 million cash
The sale is effectively at net asset value, says Hongkong Land chief executive Michael Smith Real estate group Hongkong Land will sell its…
Business
Octave Capital launches US$75 million ocean-focused impact fund with Katapult Ocean
The fund will look at relevant startups in Apac as well as companies from other geographies that could benefit from expanding into this…
Business
Del Monte Pacific restates US$443 million loans to non-current status; auditor issues disclaimer on US$703 million entry
Del Monte Pacific (DMP) will not have to repay a loan of nearly US$443 million in the current fiscal year after reclassifying them as…
Business
Del Monte Pacific restates US$443 million loans to non-current status; requests PSE trading suspension to be lifted
The company is suspended from trading in the Philippines over late filing of annual report Del Monte Pacific (DMP) will not have to repay…
Business
Marco Polo Marine up 6.7% on S$100 million order book wins, ranks among top-traded SGX stocks
Marco Polo Marine shares surged on Thursday (Sep 18) morning after the integrated marine logistics company announced that it clinched…
Business
Marco Polo Marine shares unchanged after short-lived rally on S$100 million order book wins
The counter ends the day at S$0.075, after increasing by as much as 6.7% in a flurry of buys on Thursday morning Shares of Marco Polo…
Business
Marco Polo Marine shares retreat after short-lived rally on S$100 million order book wins
The counter ends the day at S$0.075, after increasing by as much as 6.7% in a flurry of buys on Thursday morning Shares of Marco Polo…
Business
Stoneweg Europe Stapled Trust divests Italy asset for 11.4 million euros, completes sale in Poland
The completion of the divestment is subject to the customary conditions and is expected in the fourth quarter of this year The managers of…
Business
SGD$643 million green loan backs Singtel’s next-gen data centre
The development of DC Tuas is supported by Standard Chartered as facility agent and one of the green loan coordinators Singtel’s data…
Business
Another Malaysian unit of mm2 Asia receives RM1.5 million payment demand
MM2 Star Screen is also asked to pay 5% interest on the amount owed, along with the legal costs of film distributor Antenna Entertainments…
Business
Carro raises US$60 million to capture Japanese used car demand in Asia Pacific
The company says it expects overall demand for used cars and plug-in hybrid electric vehicles from Japan to grow South-east Asia’s largest…
Business
Carro raises US$60 million to tap Asia-Pacific demand for used Japanese cars; Cool Japan Fund leads funding
The company says it expects overall demand for used cars and plug-in hybrid electric vehicles from Japan to grow South-east Asia’s largest…
Business
SGX CEO Loh Boon Chye’s pay rises 3.3% to S$7.82 million in FY2025
This follows record high earnings and revenue for the local bourse operator in the financial year Singapore Exchange (SGX) chief executive…
Business
Hedge fund Arrowpoint seeks US$400 million in new money by March
The performance and fund-raising plans stand out in a market where investors’ appetite for multistrategy, multimanager hedge funds has…
Business
Richard Li’s FWD plans buyback of US$900 million bond via new debt
The company will use the net proceeds of the five-year and 10-year notes for general corporate purposes, including refinancing the 8.4%…