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Broker's Calls
CapitaLand, UOL and CDL remain CGS-CIMB's top picks among 'overweight' property sector
CGS-CIMB analyst Lock Mun Yee has also forecast a 0% to 5% hike in private home prices for the FY2021, thanks to robust demand.
March 17, 2021
Update
iX Biopharma disposes of Australian lab testing business for $12 mil after 2Q losses
SINGAPORE (Feb 18): iX Biopharma is selling Chemical Analysis, its laboratory testing business in Australia, to Eurofins Australia New Zealand Holding for A$12.5 million ($12 million).
February 18, 2019
In print this week
How CapitaLand's latest acquisition could implicate our nation's coffers
SINGAPORE (Jan 18): CapitaLand’s acquisition of two subsidiaries of Ascendas-Singbridge (ASB) is a pretty sweet deal for Temasek.
January 18, 2019
M&A
Singapore M&A deals to cool as global trade concerns continue into 2019: Baker McKenzie
SINGAPORE (Dec 17): Following a strong year of merger and acquisition (M&A) activity – largely thanks to Nesta Investment Holdings’ US$11.6 billion buyout of Global Logistic Properties (GLP) – Singapore is forecast to see a modest cooling in total M
December 17, 2018
M&A
Financial M&A deals in Asia Pacific to hit $161 bil in 2018: Baker McKenzie
SINGAPORE (Mar 26): Baker McKenzie is forecasting for Asia Pacific’s financial merger and acquisition (M&A) deals to hit US$122.7 billion ($160.9 billion) this year, coming in only after Europe and North America at the projected deal values of US$195.7
March 26, 2018
Property
Mandarin Oriental continues to review options for The Excelsior despite setback
SINGAPORE (Sept 27): Mandarin Oriental International is continuing its review of its long-term strategic options with the potential sale of its hotel property in Hong Kong, The Excelsior, and its possible redevelopment into a commercial building.
September 27, 2017
Singapore still prefers cash over digital payments
SINGAPORE (Sept 5): In tech-savvy Singapore, where almost everyone has a smartphone, nine out of 10 people still prefer to pay for everyday transactions the old-fashioned way – with cash.
September 05, 2017
Fintech
Digital payments make for better money management: PayPal
SINGAPORE (Aug 29): New research conducted by online payments company PayPal has revealed that while cash remains king for transactions in Singapore, going digital may be the way to get locals to pay their bills.
August 29, 2017
Vibrant announces termination of proposed sale of Changi South property to Sabana REIT
SINGAPORE (May 9): The proposed sale and leaseback of a four-storey light industrial building at 47 Changi South Ave 2, which Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (Sabana REIT) was originally intending to acquire from Vibran
May 09, 2017
Property
CapitaLand Commercial Trust to divest One George Street into 50%-held JV partnership for $84.6 mil
SINGAPORE (May 2): The trustee manager of CapitaLand Commercial Trust (CCT) has entered into an agreement to divest One George Street into a concurrently-formed limited liability partnership – One George Street LLP (OGS LLP), which CCT has established w
May 02, 2017