3+ day, 6+ hour ago   (244+ words) Total securities market turnover rose 29% to $43.3b. The securities daily average value (SDAV) on the Singapore Exchange climbed 35% year on year (YoY) to $2.2b in August on the back of strong interest from institutional and retail investors. The SDAV was also 8% higher…...

4+ day, 6+ hour ago   (185+ words) It recorded 1,152 successful bids out of 1,708 received. The Category A Certificate of Entitlement (COE) premium reached $133,009 in the first bidding exercise for September, according to the Land Transport Authority. The category, which covers smaller and lower-powered cars, had a quota…...

5+ day, 5+ hour ago   (219+ words) The property is being sold at 3.7% above its latest valuation. Mapletree Logistics Trust (MLT) has agreed to sell a logistics property at 365 Fitzgerald Road, Derrimut, Victoria, Australia, for about $25.2m. The trust’s manager, Mapletree Logistics Trust Management, said the sale price…...

5+ day, 6+ hour ago   (128+ words) Three-year bond carries a 2.1% coupon, with proceeds partly used to refinance debt. Mapletree Logistics Trust (MLT) has priced its inaugural offshore renminbi bond issuance at $94.2m (CNY500m) under its $3b Euro Medium Term Securities Programme. The net proceeds will be used for general…...

6+ day, 4+ hour ago   (145+ words) The SIMSCI closed at 545.25, up 22.31% year-to-date in local-currency terms. The MSCI Singapore Index (SIMSCI) rose 1.02% in the week ended 4 September, making Singapore the third-best performer amongst markets tracked by CGS International, behind Indonesia and Vietnam. The index closed at 545.25 and…...

1+ week, 6+ hour ago   (198+ words) The bank said that it strengthens its ability to service UHNW clients and family offices. Barclays is launching a private bank booking centre in Singapore. Clients can access banking, lending, investments and wealth planning services through the centre. Barclays expects…...

1+ week, 4+ hour ago   (426+ words) The deal could give the company up to a 76.8% stake in the enlarged entity. Marco Polo Marine is set to retain control of its shipyard business through a reverse takeover valued at up to $139m, funded entirely through the issue of…...

1+ week, 4+ day ago   (123+ words) CGS Fullgoal fund targets $109b mid-cap segment. SGX has listed the first actively managed exchange-traded fund benchmarked to the iEdge Singapore Next 50 Index. The CGS Fullgoal Singapore Next 50 Active ETF gives retail and institutional investors exposure to the city-state’s mid-cap segment,…...

1+ week, 5+ day ago   (221+ words) About $317.5m (US$250m) of the commitments went to MEGA’s first close. Mapletree Investments has secured more than $635m (US$500m) in equity commitments for the first close of its Emerging Asia logistics development strategy, spanning Malaysia, Vietnam, and India. The amount comprises $317.5m (US…...

1+ week, 5+ day ago   (170+ words) The data centre operator will retain its leadership and strategy following the deal. A KKR-led consortium comprising funds managed by KKR and Singtel has completed its acquisition of ST Telemedia Global Data Centres (STTGDC), as the data centre operator reported…...