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 ...)
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 ...)
Thought Machine now a cloud banking unicorn thanks to JP Morgan, Standard Chartered and ING
The $200m raise puts Thought Machine’s price tag well over the $1bn mark. A swathe of new investors have joined Thought Machine’s cap table today, with a $200m Series C funding round that pushes the ... ( read original story ...)
U.S.-Listed Digital Realty Trust Unit Seeks to Raise Around US$700M in Singapore IPO
By P.R. Venkat Digital Realty Trust Inc.'s unit is planning to raise up to $682 million through a real estate investment trust listing in Singapore, which ... ( read original story ...)
Singapore office rents may overtake Hong Kong’s on pandemic shift
Singapore office rents may overtake those of Hong Kong for the first time since 2009, a sign that the Southeast Asian city-state is gaining an edge over its rival financial hub. ( read original story ...)
Apical Collaborates with Singapore Agri-Food Innovation Lab (SAIL) to Advance Innovation and Sustainability in Agri-food Sector
Apical Group, a leading global palm oil processor and a member of the RGE group of resource-based companies, has been named one of the agri-commodity corporate partners of the newly launched Singapore ... ( read original story ...)
hSenid Business Solutions aims for IPO to strengthen its global presence
Senid Business Solutions is a Sri Lanka-based premier HRIS solutions provider operating from Australia, Singapore, Kenya, India, and Bangladesh. The company specialises in Human Resource Information ... ( read original story ...)
Smart Reads of the Week: Daiwa House Logistics Trust’s IPO, Temasek Bonds and ST Engineering’s Investor Day
It’s been an eventful week. The Singapore Exchange is seeing its first REIT listing for the year as Daiwa House Logistics Trust debuts on the local bourse. We are also hearing murmurs of a second ... ( read original story ...)
3 Things To Know About UOB APAC Green REIT ETF, SGX Latest REIT ETF
The UOB APAC Green REIT ETF is the world’s first APAC Green Real Estate Investment Trusts (REITs) ETF replicating the iEdge-UOB APAC Yield Focus Green REIT Index. This positions it in a space that has ... ( read original story ...)
Singapore’s Copyright Act 2021: New Exception for Computational Uses and Updates to Fair Use and Educational Exceptions
Singapore’s new Copyright Act came into force on November 21. The law was amended to keep up with changes in ICT technology that affect the creation and consumption of copyrighted works. The ... ( read original story ...)
Daiwa House Logistics Trust IPO sees public offer 9.5 times subscribed
Daiwa House Logistics Trust (DHLT), a real estate investment trust (Reit) that will invest in logistics and industrial real estate assets across Asia, on Thursday (Nov 25) announced that the public ... ( read original story ...)
Commentary: Why is the Singapore REIT market going so strong after two years of COVID-19?
Familiarity with the Singapore property market and high money supply will continue to make S-REITs an attractive asset class, says OCBC’s Ezien Hoo. ( read original story ...)
LIC IPO: Global Investors Including BlackRock, Blackstone And ADIA Hold Talks For Anchor Allocations,
Global investors including Blackstone, BlackRock, Abu Dhabi Investment Authority, Govt of Singapore Investment Corp and Capital International are understood to have held preliminary discussions regard ... ( read original story ...)
Supply Chain Finance Tech Platform, Linklogis, Establishes Singapore Office
One of Asia’s most established supply chain finance tech solution providers, Linklogis, has announced that it has launched a branch office in Singapore. The new office aims to support Linklogis’ plans ... ( read original story ...)
2-Day DBS Banking Shutdown Captures MAS Attention
While the DBS Bank motto is 'Live more, bank less,' some customers found they could not bank at all after some services were disrupted for days earlier this week. The problem was discovered Tuesday ... ( read original story ...)