Broker's Calls

Straits Trading glimmers brighter ahead of ARA’s potential $6.4 billion relisting: DBS

Already a majestic name on the Singapore Exchange (SGX), legacy trading firm Straits Trading is set to boost its regal splendour as its “crown jewel” ARA Asset Management prepares for relisting in


SingHaiyi and Tangs take 9.9% stake in Cromwell Property for $172.4 mil

SINGAPORE (Dec 11): SingHaiyi Group and Haiyi Holdings have jointly subscribed to 175.1 million units of stapled securities or a 9.9% stake in Australia-listed Cromwell Property Group for A$169.6 m


Cromwell launches $1.5 bil CEREIT IPO in Singapore

SINGAPORE (Sept 18): Cromwell European Real Estate Investment Trust (CEREIT) today launched an initial public offering of up to 927 million euros ($1.5 billion) in Singapore.


Property giant Cromwell faces credit rating downgrade from Moody’s

SINGAPORE (Sept 18): Ratings agency Moody’s Investor Service is mulling a potential credit rating downgrade on ASX-listed Cromwell Property Group due to its high level of debt.