Welcome!
acquisitions
Stocks To Watch
Mapletree Logistics Trust: REIT that offers price stability, stable DPU in a volatile year
Mapletree Logistics Trust's $1 billion of acquisitions made in 2020 are likely to boost net property income in 2021.
February 10, 2021
REITs
Keppel DC REIT’s DPU surges 20.5% in FY2020, manager plans to continue with acquisitions
Keppel DC REIT plans to continue growth path after DPU surged 20.5% in FY2020 to 9.17 cents. At current prices yield is 3.17%
January 26, 2021
Funds
Xero prices zero coupon US$700 mil convertible notes due 2025
The settlement of the offering is expected on Dec 2, 2020.
November 25, 2020
M&A
Revez Corp acquires PGK Digital Networks for $4 mil, calls it a 'significant boost' to the mediatech landscape
The move is “strategically aligned” with Revez’s business vision for a full value-chain digitalisation for clients and partners.
October 27, 2020
Broker's Calls
PhillipCapital raises target price on Keppel DC REIT pending its acquisition deals
Among its peers, PhillipCapital analyst Natalie Ong prefers Ascendas REIT instead.
October 26, 2020
REITs
REITs raise more than $3.7 bil in follow-on capital raising and perps
REITs are bankers' best friends, raising $3.7 billion this year through equity fund raisings and perpetual securities
October 23, 2020
REITs
Mapletree Logistics Trust's private placement to raise $644.1 mil; issue price fixed at $2.027 per new unit
The private placement was approximately 5.5 times covered including the upsize option.
October 21, 2020
Broker's Calls
DBS upgrades ARA Logos to 'buy' amid abating downside risks, steepening yield curves
In a Monday report, DBS analyst Dale Lai believes that the REIT, along with other landlords and tenants, is well-placed to benefit from reopening of the Singapore economy as the state lifts its circuit breaker measures in staggered phases.
June 16, 2020
Investing ideas
SPH REIT becomes latest casualty of analyst downgrades as Covid-19 risks persist
Although the REIT had an "operationally steady quarter", analysts are quick to caution that it remains susceptible to retail headwinds as the Covid-19 outbreak escalates.
April 02, 2020
M&A
China Hongxing ditches shoes for gold and copper as it attempts RTO with MMIH
SINGAPORE (Nov 25): Suspended for about eight years, and counting, China Hongxing Sports is a counter that its long-suffering minority shareholders have most likely written off. A reprieve might be seen soon.
November 22, 2019