SG stocks Friday, 14 Jan. 2022: SIA, SGX, Vertex Venture, ECON Healthcare, Frasers Centrepoint, Metro, UOL, China Everbright Water and Qian Hu.
Daiwa House Industry
Metro Group has entered a strategic collaboration with Tokyo-listed Daiwa House Industry to cooperate on additional investment opportunities.
Singapore stake changes: AEM and Temasek, SPH, Suntec REIT, Daiwa House Logistics Trust (DHLT), iFAST and Q & M Dental.
Daiwa House Logistics Trust made a tepid debut on SGX, ending Friday flat at its S$0.80 IPO price, which was also its day’s low.
Daiwa House Logistics Trust said Thursday its IPO met with ‘overwhelming demand,’ with the Singapore public offer 9.5 times oversubscribed.
Daiwa House Logistics Trust (DHLT) may be Singapore’s largest IPO this year, but analyst Clarence Chu said there’s not much reason to buy.
Daiwa House Logistics Trust (DHLT) filed for an S-REIT IPO, with a portfolio of logistics and industrial assets, to raise around S$575.5M.