SINGAPORE (May 13): The manager of Sasseur Real Estate Investment Trust (Sasseur REIT) has declared distribution per unit (DPU) of 1.656 cents for the 1Q19 ended March, some 9.3% higher than its IPO ... ( read original story ...)
Investing in Asia: Banking on Singapore
David Kuo (DK): Hello, Asia. Greetings, world. This is Investing in Asia — your weekly investing podcast from Motley Fool Asia — broadcasting from the island of Singapore, just one degree north of the ... ( read original story ...)
ARA US Hospitality Trust closes at IPO price
ARA US Hospitality Trust debuted on the Singapore Exchange's mainboard at 87.5 US cents yesterday, just below its initial public offering price (IPO) of 88 US cents. The units closed at 88 US cents on ... ( read original story ...)
Commentary: Game of unicorns – as more seek IPOs, is this tech bubble about to burst?
FILE PHOTO: An investor walks out of the Uber IPO roadshow with documents in hand at a hotel in Manhattan, New York, New York, US, April 30, 2019. (Photo: REUTERS/Jeenah Moon/File Photo) SINGAPORE: ... ( read original story ...)
ARA US Hospitality Trust debuts on SGX mainboard at 87.5 US cents, just below IPO price
made its trading debut on the Singapore Exchange's mainboard board at 87.5 US cents per stapled security, just slightly below its IPO (initial public offering) price of 88 US cents. The opening price ... ( read original story ...)
Eagle Hospitality drags out Singapore IPO
Eagle Hospitality Trust extended bookbuilding for its Singapore IPO twice because of market jitters following US president Donald Trump’s tweet this week about Chinese trade tariffs, according to a ... ( read original story ...)
RComm shares drop after shelving unit’s Singapore IPO
Shares in Reliance Communications dropped more than 3% on Monday after shelving a planned Singapore initial public offering for its undersea cable unit, citing unfavourable market conditions. The ... ( read original story ...)
ARA’s US Hospitality Trust IPO: 7 Things Investors Should Know
This is going to be the first pure-play US upscale select-service hospitality REIT to be listed in Singapore. The public offer opened at 9 p.m. on 2 May 2019 and closes at 12 noon on 7 May 2019. Here ... ( read original story ...)
Eagle Hospitality sweetens Singapore IPO
Eagle Hospitality Trust has cut the floor of the initial price guidance for its Singapore IPO, hiking up the yield for investors while delaying the end of its roadshow, according to a source close to ... ( read original story ...)
Singapore accelerates patent applications for AI inventions
The Intellectual Property Office of Singapore (IPOS) has recently announced that it will now accelerate grants of AI-related patent applications to just six months — which will be the fastest in the ... ( read original story ...)
Singapore is Now Considering Virtual Banking Licenses Too—Here’s Why
The now famous Hong Kong virtual banking licenses have been a bit of a mixed bag for the region, but nevertheless, it’s gotten a lot of attention. To date, four licensees will be ready to go to market ... ( read original story ...)
Singapore Studying Whether to Allow Digital-Only Banks
the Monetary Authority of Singapore said Tuesday. “MAS is studying whether to admit such digital-only banks with non-bank parentage,” the financial regulator said in an emailed reply to questions from ... ( read original story ...)
Investing in Asia – Malaysia: The World’s Worst Stock Market?
Singapore is only 720 square kilometers ... “The World’s Worst Major Stock Market is Really, Really Boring.” I never realized that investing was supposed to be exciting. I always thought that ... ( read original story ...)
Singapore, Canada complete blockchain trial for cross-border payments
The Monetary Authority of Singapore (MAS) and Bank of Canada have completed "a successful experiment" on cross-border payments using central bank digital currencies, tapping distributed ledger ... ( read original story ...)
Singapore and Canada Central Banks Complete First Cross-Border Blockchain Payment
As part of the distributed ledger technology (DLT) projects being pursued by both banks, the Monetary Authority of Singapore (BAS) sent funds to the Bank of Canada (BoC) without a third party. ( read original story ...)
How Did Singapore’s Stock Market Perform in April?
Last month, the Straits Times Index (SGX: ^STI) added 187 points, or 5.8%, to end at 3,400.2. There were 22 index components that were in the green; seven were in the doghouse while CapitaLand ... ( read original story ...)