Property
Hong Kong property stock dive not enticing enough for Eastspring
(Sept 18): Even after a plunge in Hong Kong property shares following months of protests in the city, Eastspring Investments says some of the biggest stocks in the sector remain unappealing because
Broker's Calls
MapletreeLog Trust's Melbourne property acquisition could have 'significant implications', says DBS
SINGAPORE (Sept 18): DBS Group Research believes Mapletree Logistics Trust’s forward purchase of a logistics property in Melbourne could have “significant implications” on the REIT’s strategic inte
M&A
BreadTalk says no EGM to be called for $80 mil Food Junction acquisition
SINGAPORE (Sept 17): BreadTalk Group has announced that it will not be convening an extraordinary general meeting (EGM) to seek shareholders’ approval for its proposed $80 million acquisition of Fo
Management & Corporate Governance
TEE International shares jump as high as 31% as ex-CEO seeks 23% stake sale
SINGAPORE (Sept 17): Shares in TEE International rose as much as 31.4% on Tuesday after former CEO Phua Chian Kin, who is currently under investigation, was reportedly seeking to sell a 23% stake i
M&A
IEV Holdings expands into post-natal care with Lady Paradise acquisition
SINGAPORE (Sept 16): IEV Holdings, which has struggled for years to turn around its engineering business, is acquiring Lady Paradise, a provider of pre- and post-natal care, for RM3.5 million ($1.2
Forex
Singapore keeps its spot as one of world's largest foreign exchange centres
SINGAPORE (Sept 17): The Monetary Authority of Singapore (MAS) announced that Singapore’s average daily foreign exchange (FX) trading volume has increased by 22% to reach an all-time high of US$633
IPO
Lendlease eyes Singapore REIT listing at 88 cents a unit; aims to raise $1 bil in total
SINGAPORE (Sept 16): Australia-listed international property and infrastructure group Lendlease Global has lodged a prospectus to list Lendlease Global Commercial REIT on the Mainboard of the Singa
