Digital Core Reit is raising close to US$1 billion (S$1.37 billion) in a Singapore initial public offering (IPO) of 267 million units. Its manager lodged a prospectus with the Monetary Authority of ... ( read original story ...)
Digital Core REIT to raise $600 mln in Singapore’s biggest IPO this year
Digital Core REIT, sponsored by U.S.-listed Digital Realty Trust , is set to raise $600 million in an initial public offering (IPO) in Singapore, the largest listing in the city-state this year, the ... ( read original story ...)
Mubadala Mulling Investment in Singapore-Based Princeton Digital
Mubadala Investment Co., an Abu Dhabi sovereign fund, is considering investing in Princeton Digital Group Pte as part of the Asia-focused data center operator’s fundraising plans, according to people ... ( read original story ...)
OCBC Bank acquires stakes in multiple Solomartel real estate funds
OCBC Bank, one of Singapore's largest banks, made multiple real estate investments by acquiring significant stakes in multiple real estate funds of the online real estate investment fund Solomartel. ( read original story ...)
DBS feels ire of MAS after uncharacteristic two-day outage
But by this time the disruption had become the worst outage since 2010. And by then, the Monetary Authority of Singapore had taken notice. “This is a serious disruption and MAS expects DBS to conduct ... ( read original story ...)
Singapore stocks extend losses amid Omicron fears; STI falls 1.4%
SINGAPORE (THE BUSINESS TIMES) - The Straits Times Index (STI) extended its losses on Monday amid uncertainties over the new Covid-19 variant, Omicron, ending 1.4 per cent lower at 3,120.58. Decliners ... ( read original story ...)
Singapore operators secure more 5G spectrum
Singapore operators highlight benefits of 2.1GHz spectrum for plans to deploy nationwide SA-5G networks after latest auction. ( read original story ...)
Singapore telcos get more 5G spectrum
Singtel, M1-StarHub and TPG will be getting 2.1 GHz spectrum to support the growth of 5G services in the city-state ... ( read original story ...)
Singapore awards 2.1 GHz spectrum for provision of 5G mobile services
The Infocomm Media Authority (IMDA) has announced the results of its 2.1 GHz spectrum auction to make available more spectrum to support the growth of 5G mobile services. This spectrum is in addition ... ( read original story ...)
After Coinbase and CrossTower, Singapore’s Coinstore is now entering India despite fears of a ban on crypto
Singapore-based Coinstore has announced plans to enter the India market. Its competitor CrossTower had also entered India in September. Coinbase is setting up its offices in the country and has been ... ( read original story ...)
Just How Scientific is Singapore Science Park? A Not-So-Scientific Investigation
This is the first piece of our two-part inquiry into the bright minds who work there, and what they actually do. ( read original story ...)
‘They’re waiting for me’: Family reunions, surprises as Singapore-Malaysia VTL kicks off
On the first day of the VTL, travellers at Queen Street Bus Terminal were elated to be going home to Johor Bahru. ( read original story ...)
Travel between Malaysia, Singapore resumes as VTL kicks off
Travel across the bridge connecting Malaysia and Singapore as well as an air corridor opened on Monday after disruptions cause ... ( read original story ...)
Singapore Adds to Its Gold Pile for the First Time in Decades
Singapore increased its gold reserves by about 20% earlier this year in a largely under-the-radar move that saw holdings expand for the first time in decades. ( read original story ...)
Digital Core REIT to raise $600 mn in Singapore’s biggest IPO this year
The Real Estate Investment Trust (REIT), which owns 10 freehold data centres in the United States and Canada worth around $1.4 billion, is issuing 682 million units at $0.88 per a piece, excluding a ... ( read original story ...)
Digital Core REIT to raise $600m in SG’s biggest IPO in 2021
The retail component, around $12 million, opens on Monday. Shares totalling $223 million are being placed to other institutions. ( read original story ...)