Global Markets

Historic collapse in stocks underway; Fed intervention can’t prevent eventual plunge: Jeremy Grantham

Grantham is a dyed-in-the-wool value manager who’s been investing for 50 years and calling bubbles for almost as long.

IPO

Alpina Holdings offers 37 mil shares at 31 cents each in IPO

Alpina Holdings lists on Catalist Board; offers 37 mil shares at 31 cents each.

Broker's Calls

DBS downgrades Sabana REIT to 'hold' on valuations

The brokerage has kept its target price on the REIT at 48 cents.

M&A

Keong Hong receives 38.4 cents general offer

As at Sept 30 2021, the company’s net asset value was 67.8 cents per share
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