M&A

Mapletree Industrial Trust and Mapletree Investments to acquire US$1.4 bil data centre portfolio in North America

SINGAPORE (Sept 16): Mapletree Industrial Trust (MIT) and Mapletree Investments have formed a joint venture to acquire a US$1.4 billion ($1.9 billion) data centre portfolio in North Ameri

Disruption and Digitalisation

Revez to enhance Superfunds Venture's InsurTech platform

SINGAPORE (Sept 16): Revez Corporation’s subsidiary, IOIO Lab, has signed an agreement with Superfunds Venture (SFV) to enhance the latter’s InsurTech platform.

Equity raising

Keppel DC REIT launches equity fund raising to raise $473.8 mil for new acquisitions

SINGAPORE (Sept 16): Keppel DC REIT has announced an equity fund raising exercise to raise gross proceeds of $473.8 million to help fund its recently proposed acquisitions of two data centres

Crude Oil

Oil prices soar 10% after attack on Saudi facilities hits global supply

SEOUL/NEW YORK (Sept 16): Oil prices retreated on Monday after hitting their highest since May at the open, on fears over supply disruptions following an attack on Saudi Arabia’s oil facilities on

REITs

Keppel DC REIT acquiring two data centres for $585 mil; launches equity fund raising

SINGAPORE (Sept 16): Keppel DC REIT is acquiring a 99% stake in Keppel DC Singapore 4 and 1-Net North Data Centre for a total consideration of $585.1 million.

Crude Oil

Attack on Saudi oil plant is what everyone feared

(Sept 15): Middle East geopolitics have come back with a vengeance to hit the oil market. What everybody feared has happened.

Trans-boundary haze

Southeast Asia braces for haze as forest fires keep burning

(Sept 13): Governments in Southeast Asia are taking steps to guard against a potential deterioration in pollution levels from Indonesian forest fires, as smoke and ash continue to blanket the skies

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