Temasek holds 2.68 percent of vaccine developer Jiangsu Recbio Technology, or 12 million pre-listing shares, according to the IPO prospectus.
Lippo Malls Indonesia Retail Trust said Wednesday it was difficult to ascertain the full impact of the closure of its malls in Indonesia.
These are stock news briefs for Wednesday, 21 July 2020: CapitaLand, Prime US REIT, IREIT Global and ARA LOGOS Trust.
Kohlberg & Co. closed a US$1.1B Continuation Vehicle deal, co-led by BlackRock, GIC and Lexington Partners, to take over the remaining assets of Kohlberg Investors VII, a 2012 fund.
Temasek subsidiary Vertex Ventures HC co-led, with Treo Ventures, medical device player Neuspera Medical’s US$65M series C funding round.
WebMD, part of Temasek-backed Internet Brands, has acquired The Wellness Network, which provides point-of-care, video education for patients.
Mapletree Logistics posted 1Q net property income of S$144.15M, up 21.3% on-year on higher revenue from existing properties and from acquisitions.
First REIT will divest its Sarang Hospital property, located in Yeosu City, South Korea, to unrelated parties Kiju and Jemin for US$4.52M.
These are Singapore companies which announced share buybacks on Monday, 19 July 2021: The Hour Glass.
CapitaLand set its EGM to vote on its proposed restructuring to list its investment management platforms and lodging business, while placing its development business under private ownership.
These are Singapore companies which announced share buybacks on Friday, 16 July 2021: The Hour Glass.
Frasers Logistics & Commercial Trust has priced S$150 million in seven-year sustainability notes at 2.18 percent.
These are Singapore companies which announced share buybacks on Thursday, 15 July 2021: Telechoice International and The Hour Glass.
PropNex pointed to a solid outlook for Singapore’s property market as a possible explanation for the 16% surge in its shares this week.
SMI entered a non-binding MOU with The9 to launch a cryptocurrency mining business, the Singapore-listed company said Thursday.
The EPF Board of Malaysia acquired an additional 64,900 shares in UOA Development, bringing its total holding to a 10.18 percent stake.
IREIT Global’s preferential offering of new units was 151 percent subscribed amid strong demand for the 201.14 million new units available.
Daiwa raised its target price for SPH REIT to S$1.01 from S$0.92 on a stronger recovery outlook for the Paragon mall from fiscal 2023.
Duty Free International reported Wednesday its fiscal 1Q loss narrowed to 219,000 ringgit amid lower rental and employee benefits costs.
Fitch downgraded its Lippo Malls Indonesia Retail Trust rating, with a negative outlook, as Indonesia’s pandemic-related lockdowns spread.