Real Estate
Cordlife shareholder linked to Nanjing Xinjiekou owner dumps entire 10% stake
Global Cord Blood Corporation is ultimately owned by Sanpower Group Corporation, which also holds a stake in Nanjing Xinjiekou Department StoreGLOBAL Cord Blood Corporation’s joint liquidators from Grant Thornton,...
Temasek appoints 3 external hires to senior management, including MTI perm sec Gabriel Lim
The company says it will continue to rotate and expose its leaders across different sectors and functionsSINGAPORE investment company Temasek will appoint three new external hires, including a permanent...
German carmaker mood darkens on slowing EV shift, China slump
GERMANY’S carmakers are growing gloomier about their prospects after a disappointing earnings season marked by waning electric vehicle (EV) sales and weakness in China for companies including Volkswagen and...
Japan’s Nikkei sees biggest rout since 1987 Black Monday
JAPANESE stocks collapsed on Monday (Aug 5) in their biggest single day rout since the 1987 Black Monday sell-offs, driven by last week’s plunge in global stock markets, economic...
UOB prices A$1 billion worth of conventional single-tranche senior bonds
UOB has priced A$1 billion (S$858.1 million) in four-year senior unsecured notes due 2028 under its US$30 billion global medium-term note programme.The notes were priced on Friday (Aug 2)...
Gold eases as profit-taking counters rate-cut bets
GOLD prices eased on Monday (Aug 5) amid profit-taking, but recession worries and rising expectations of United States interest rate cuts limited further downside.Spot gold was down 0.1 per...
Manulife US Reit posts 27.5% lower H1 distributable income per unit of US$0.0129
MANULIFE US Real Estate Investment Trust (Reit)’s adjusted distributable income (DI) per unit for the first half ended Jun 30 declined 27.5 per cent year on year to US$0.0129,...
Should ThaiBev’s minority shareholders support the proposed FPL-F&N share swap?
FPL and F&N are plainly undervalued, but ascribing a precise fair value to a company can be trickyWhile this column was on a hiatus last month, Thai Beverage (ThaiBev)...
Private credit sells funds for small investors as big ones balk
Private credit firms are looking to get their share of an estimated US$178 trillion personal wealth market by offering individual investors what looks almost like a mutual fund.The product,...
S’porean David Yong, who was in Netflix’s Super Rich in Korea, charged with falsification of accounts
Singaporean businessman David Yong has been charged with falsification of accounts in relation to a promissory note arrangement involving Evergreen Group Holdings.The 37-year-old chief executive of Evergreen Group Holdings, whose...