M&A

OKP to acquire Tagore Lane property for $8 mil

SINGAPORE (Nov 18): OKP Holdings announced Monday it has exercised the option to purchase a property at 32 Tagore Lane off Upper Thomson Road for $8 million.

Investing ideas

Analysts hold on to hopes of property market rebound as APAC Realty misses 3Q estimates

SINGAPORE (Nov 18): Analysts see a glimmer of light at the end of the tunnel for APAC Realty, despite a disappointing 3Q for the real estate agency on the back of a slower-than-expected recovery in

M&A

GIC, Tencent in talks to form consortium for Universal Music Group stake

(Nov 18): Tencent Holdings is in talks with potential co-investors for its proposed bid for a minority stake in Universal Music Group from Vivendi SA, according to people with knowledge of the matt

Sustainability

Temasek-backed start-up seeks to cool Singapore in a 'greener' way

SINGAPORE (Nov 18) : A US start-up backed by Temasek Foundation, the non-profit arm of Singapore’s state-owned investment firm, is set to beat Singapore’s humidity with a new bladeless fan.

Markets

SGX lauded for targeted approach to market regulation, scoops Regulation Asia Exchange of the Year award for second straight year

SINGAPORE (Nov 18): Singapore Exchange (SGX) has been named “Exchange of the Year” in the Regulation Asia Awards for Excellence for the second consecutive year.

Company in the news

Asian investors are smarter, says Yoma's Pun

SINGAPORE (Nov 16): Serge Pun, executive chairman of Yoma Strategic Holdings, bats aside suggestions that he is accepting investment from Ayala only because Western enthusiasm for Myanmar’s growth

Right Timing

Pause to continue as STI drifts sideways

SINGAPORE (Nov 16): The Straits Times Index peaked temporarily at 3,285, before retreating.

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