Citigroup Global Markets Singapore (Citi)

Citi appoints current chairman, Lee Lung Nien, to head its South Asia private banking business - THE EDGE SINGAPORE

New appointments

Citi appoints current chairman, Lee Lung Nien, to head its South Asia private banking business

Citi has announced that Lee Lung Nien will head its private banking business in South Asia, in addition to his existing role as chairman of Citi Private Bank for South Asia on May 17.

Ascendas REIT to raise $420 mil through private placement - THE EDGE SINGAPORE

REITs

Ascendas REIT to raise $420 mil through private placement

The manager of Ascendas REIT is seeking to raise $420.0 million through a proposed private placement of new units in the REIT at an issue price of between $2.944 and $3.019 per unit.

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