merger

S&P Global Ratings gives CapitaLand Mall Trust 'A-' rating - THE EDGE SINGAPORE

REITs

S&P Global Ratings gives CapitaLand Mall Trust 'A-' rating

S&P Global Ratings has given CapitaLand Mall Trust (CMT) an 'A-' long-term issuer credit rating to the REIT on September 30.

REITs

Quarz, Black Crane plan to vote against ESR-REIT Sabana REIT merger

On Aug 6, ESR-REIT’s manager announced that it does not intend to increase the scheme consideration for Sabana Shariah Compliant Industrial REIT, announced on July 16.

REITs

ESR-REIT's manager says price for Sabana REIT is final, minority unitholders plan to vote against scheme

On Aug 6, ESR-REIT’s manager announced that it does not intend to increase the scheme consideration for Sabana Shariah Compliant Industrial REIT, announced on July 16.

Broker's Calls

CCT upgraded on potential merger with CMT

SINGAPORE (June 8): DBS Group Research is upgrading its recommendation on CapitaLand Commercial Trust (CCT) to “buy” with an increased target price of $1.95 from $1.55 previously.

M&A

Ride-hailing giant Gojek raises US$1.2 bil for clash with Grab

SINGAPORE (Mar 17): Southeast Asian ride-hailing giant Gojek has raised US$1.2 billion ($1.7 billion) for expansion, defying tech-sector turbulence and the coronavirus pandemic to secure funds to t

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.

REITs

FLT, FCOT eye merger as growth stalls in Australia and Europe while mark-to-market issues surface

SINGAPORE (Mar 6): On the morning of March 11, at 10 am, unitholders of Frasers Logistics and Industrial Trust (FLT) will be voting by a scheme of arrangement to merge with Frasers Commercial Trust

Broker's Calls

Daiwa upgrades CapitaLand Commercial Trust to 'outperform' from 'sell' on brighter post-merger outlook

SINGAPORE (Feb 11): Daiwa Capital Markets has altered its view on CapitaLand Commercial Trust (CCT) by almost 180 degrees, on the back of the REIT standing to benefit on “favourable terms” from its

Investing ideas

OUE Commercial REIT to draw investor interest on stable portfolio, potential index inclusion: analysts

SINGAPORE (Feb 4): OUE Commercial REIT (OUECT) could well have started to reap profits from its merger with OUE Hospitality Trust (OUEHT). 

Potential re-rating on the cards for Frasers’ Singapore REITs amid proposed merger: CGS-CIMB

Investing ideas

Potential re-rating on the cards for Frasers' Singapore REITs amid proposed merger: CGS-CIMB

SINGAPORE (Dec 3): CGS-CIMB Research is staying positive on Frasers Logistics & Industrial Trust (FLT) and Frasers Commercial Trust (FCOT), after the respective managers on Monday announced a p

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