extraordinary general meeting (EGM)

AEI Corporation draws SGX query on 6.6% surge - THE EDGE SINGAPORE

SGX query

AEI Corporation draws SGX query on 6.6% surge

Shares in AEI Corporation surged 6.6% to $1.865 as soon as the market opened, from its last closed price of $1.75 on April 28.

Keppel REIT seeks to raise $270.0 mil through proposed private placement of up to 242.8 mil new units - THE EDGE SINGAPORE

REITs

Keppel REIT seeks to raise $270.0 mil through proposed private placement of up to 242.8 mil new units

The manager of Keppel REIT says it has proposed a private placement of between 235.6 million and 242.8 million new units at an issue price of between $1.112 and $1.146 per new unit.

Singtel's Optus completes acquisition of Australia’s largest MVNO for A$250 mil - THE EDGE SINGAPORE

TELECOMMUNICATIONS

Singtel's Optus completes acquisition of Australia’s largest MVNO for A$250 mil

Optus, a wholly-owned subsidiary of Singapore Telecommunications (Singtel), has completed its purchase of amaysim’s mobile business on Feb 1 for A$250 million ($253.6 million).

First REIT proposes rights issue of $158.2 mil as debt repayment looms - THE EDGE SINGAPORE

Company in the news

First REIT proposes rights issue of $158.2 mil as debt repayment looms

First REIT has proposed to undertake a rights issue as the healthcare REIT faces a “significant refinancing hurdle” related to its short- and long-term financial obligations.

ARA Logos Logistics Trust to raise $50 mil through private placement of 90.5 mil new units - THE EDGE SINGAPORE

REITs

ARA Logos Logistics Trust to raise $50 mil through private placement of 90.5 mil new units

The manager of ARA LOGOS Logistics Trust says it has proposed to issue about 90.5 million new units in ALOG at an issue price of 55.25 cents per new unit to raise gross proceeds of approximately $5

SunMoon Food enters into interest-free loan agreement and placement agreement with Jiangzhong Shiliao Technology - THE EDGE SINGAPORE

Equity raising

SunMoon Food enters into interest-free loan agreement and placement agreement with Jiangzhong Shiliao Technology

SunMoon Food Company says it has entered into an interest-free loan agreement with Jiangzhong Shiliao (Hubei) Technology Co on Oct 27.

CMT and CCT proposed merger given green light by unitholders - THE EDGE SINGAPORE

REITs

CMT and CCT proposed merger given green light by unitholders

The proposed merger between CapitaLand Mall Trust (CMT) and CapitaLand Commercial Trust (CCT) to create a diversified commercial REIT to be named CapitaLand Integrated Commercial Trust (CICT), has

Company in the news

Axington's Obama-inspired EGM postponed; independent director resigns

The EGM that was supposed to herald the Barack Obama-inspired new strategic direction of NETX, to “embark on the next industrial revolution”, did not happen yesterday, August 27, as scheduled.

M&A

FLT, FCOT unitholders vote overwhelmingly in favour of merger to create $5.7 bil behemoth

SINGAPORE (Mar 11): The unitholders of both Frasers Logistics Trust (FLT) and Frasers Commercial Trust (FCOT) have approved the proposed merger of the two entities for a price tag of $1.54 billion.

Offer

Challenger founder Loo falls narrowly short in privatisation bid

SINGAPORE (June 27): Loo Leong Thye, the founder, executive director and chief executive officer of Challenger Technologies, has failed in his bid to voluntarily delist the consumer electronics ret

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