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Corporate moves
Prudential Singapore to get new CEO in September
Chan San San is appointed CEO of Prudential SIngapore, reporting to Dennis Tan, MD of Strategic Business Group, a regional role
June 27, 2024
Feature
Elliot & Co. founder Jeremy Foo on overcoming loss of baby and paying it forward to start-ups and SMEs
The sting of losing a child reinforced Elliot & Co. Jeremy Foo’s desire to support underdog start-ups and SMEs
September 09, 2021
REITs
Mapletree Industrial Trust acquires 29 data centres in the US for US$1.3 bil
The manager of MINT says the acquisition will be financed via proceeds from an equity fundraising and debt.
May 20, 2021
Property
PropNex expands to Cambodia, boosting salesforce to 12,000
PropNex Cambodia is headquartered in Phnom Penh, with a salesforce of close to 500.
May 19, 2021
Results
Prime US REIT reports 'stable' distributable income of US$18 mil for 1Q21
Net property income dipped 2% y-o-y to US$23 million for the quarter.
May 18, 2021
Equity raising
TEE International to raise $3.8 million via private placement of 129 mil new shares
Gross proceeds from the proposed placement amount to $3.9 mil.
May 17, 2021
REITs
ESR-REIT completes 10% acquisition of ESR Australia Logistics Partnership for A$60.5 mil
Units in ESR-REIT closed flat at 40 cents on May 12.
May 14, 2021
Results
Singtel expects to include net exceptional losses of $839 mil and $1.21 bil for 2H21 and FY21
Singtel will be announcing its 2HFY2021 and FY2021 results before the start of trading on May 27.
May 14, 2021
Results
PropNex earnings for 1Q21 nearly doubles to $15 mil on better transaction volume
EPS jumped 95.6% y-o-y to 4.01 cents, from 2.05 cents previously.
May 11, 2021
Results
Riverstone Holdings posts 1,021.7% jump in 1QFY21 earnings
The company will have the capacity to make 15 billion pieces of gloves per year by end of 2023
May 10, 2021