UK

S-REITs in 'flurry' of M&A activities, BOE may deploy negative interest rates: UOB Kay Hian - THE EDGE SINGAPORE

Broker's Calls

S-REITs in 'flurry' of M&A activities, BOE may deploy negative interest rates: UOB Kay Hian

S-REITs continued to announce yield-accretive acquisitions, while correcting 3% in the latter half of September, note UOB Kay Hian analysts Jonathan Koh, Loke Peihao and Nicola Ho.

Nvidia to buy SoftBank's chip division for US$40 bil - THE EDGE SINGAPORE

Tech

Nvidia to buy SoftBank's chip division for US$40 bil

Nvidia Corp. said it agreed to buy SoftBank Group Corp.’s chip division Arm Ltd.

REITs

REIT IPO with UK properties to launch next week

SINGAPORE (Jan 7): Elite Commercial Real Estate Investment Trust is likely to lodge its prospectus next week.

Brexit

May backs Brexit delay after Parliament vetoes no-deal divorce

LONDON (Mar 14): Britain’s Parliament voted to avoid an economically disastrous no-deal split from the European Union, opening the door to delaying Brexit and radically re-writing the terms of the

Brexit

May wins confidence vote and opens cross-party Brexit talks

LONDON (Jan 17): UK leader Theresa May survived an attempt to oust her government and immediately opened talks with rival political parties in an attempt to break the Brexit deadlock, as time runs

Brexit

Brexit talks deadline may need to be extended, Tony Blair says

LONDON (June 27): The UK should start planning to delay Brexit and extend negotiations with the European Union or face the disaster of leaving without a deal, according to former Prime Minister Ton

Global Invacom launches office in Japan; rebrands UK subsidiary

SINGAPORE (Jan 31): Global Invacom today announced the incorporation of its wholly-owned subsidiary, Global Invacom Japan Kabushiki Kaihsa, for 10 million yen ($120,000).

Broker's Calls

Frasers Commercial Trust upgraded to 'buy' with portfolio expansion into Europe

SINGAPORE (Dec 18): OCBC Investment Research is upgrading its call on Frasers Commercial Trust (FCOT) to “buy” from “hold” with a higher fair value estimate of $1.51.

Frasers Centrepoint Limited acquiring 4 UK business parks for $1.2 bil

SINGAPORE (Sept 11): Frasers Centrepoint Limited is acquiring four income-producing business parks in the United Kingdom for a purchase consideration of £686 million ($1.2 billion).

US said to seek ban on crude oil to North Korea at UN

NEW YORK/SEOUL (Sept 7): The US is circulating a draft resolution at the United Nations that would bar crude oil exports to North Korea, ban the nation’s exports of textiles and prohibit employment

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