Singapore debt listings Tuesday: Sosei Group
These are entities which announced debt listing confirmations on SGX on Tuesday, 27 July 2021: Sosei Group.
healthcare
Raffles Medical reports 1H21 net profit more than doubled
Raffles Medical reported Monday its 1H21 net profit climbed 128.7% on-year to S$39.45M as it supported Singapore’s Covid-19 response.
Trendlines won’t proceed with dual listing on Tel Aviv Stock Exchange
The Trendlines Group has decided not to proceed with its proposed dual listing and securities offer on the Tel Aviv Stock Exchange (TASE) in Israel, the Singapore-listed investor in medical and agricultural technology startups said in a filing to SGX Thursday.
Temasek-backed vaccine maker Jiangsu Recbio files for HK IPO
Temasek holds 2.68 percent of vaccine developer Jiangsu Recbio Technology, or 12 million pre-listing shares, according to the IPO prospectus.
Temasek’s Vertex Ventures co-leads Neuspera Medical’s US$65M series C round
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, acquires Wellness Network
WebMD, part of Temasek-backed Internet Brands, has acquired The Wellness Network, which provides point-of-care, video education for patients.
First REIT to divest Sarang Hospital, exiting South Korea
First REIT will divest its Sarang Hospital property, located in Yeosu City, South Korea, to unrelated parties Kiju and Jemin for US$4.52M.
UPDATE: CDPQ’s Ivanhoe Cambridge ties up with Lighthouse Canton for India R&D office-labs portfolio investment
CDPQ subsidiary Ivanhoe Cambridge tied up with Lighthouse Canton to invest in a life-science R&D office-labs portfolio in Hyderabad, in India.
Temasek-backed dental group Arrail files for Hong Kong IPO
Arrail, a China-based dental service provider which counts Temasek among its backers, filed on Thursday for a Hong Kong IPO.
GIC to invest US$1B for stake in Grifols’ US subsidiary Biomat USA
GIC plans to invest around US$1B to acquire a minority stake in Biomat USA, a U.S. subsidiary of Spanish pharmaceutical company Grifols.
GIC holds more than 5 percent stake in WCG Clinical: Prospectus
Singapore sovereign wealth fund GIC holds at least 5 percent of WCG Clinical, according to a prospectus filed Thursday.
GIC to acquire 16 percent Sunway stake for MYR750M
Singapore sovereign wealth fund GIC has finalized a deal with Malaysia’s Sunway to take a stake in Sunway Healthcare Holdings for MYR750M.
Temasek investment Pear Therapeutics to go public in US$1.6B SPAC deal
Pear Therapeutics, part of Temasek’s portfolio, is set to go public via an acquisition by SPAC Thimble Point in a deal valued around US$1.6B.
Singapore stocks to watch Wednesday: Parkway Life REIT, Thakral, China Jinjiang Environment, Halcyon Agri
These are Singapore companies which may be in focus on Wednesday, 4 December 2019: Parkway Life REIT, Thakral, China Jinjiang Environment and Halcyon Agri.
Morningstar: These US sectors offer value after market run up
In the U.S., the energy and healthcare sectors have underperformed and offer more investor value, Daniel Rohr, head of global equity research at Morningstar, said Friday.
UPDATE: Singapore stocks to watch Thursday: CapitaLand, CityDev, Valuetronics, Yanlord, OKP
These are Singapore companies which may be in focus on Thursday, 21 November 2019: CapitaLand, City Developments, Valuetronics, Yanlord Land and OKP.
UPDATE: Singapore stocks to watch Tuesday: Mapletree Commercial, Soilbuild, OUE, Far East Orchard, Sheng Siong
These are Singapore companies which may be in focus on Tuesday, 19 November 2019: MCT, Soilbuild Construction, OUE, Far East Orchard and Sheng Siong.
OUE reports 3Q19 net profit surged by 59 times on one-off from OUE Commercial Trust merger
OUE reported Thursday its 3Q19 net profit surged to S$124.1 million from S$2.1 million in the year-ago period on a one-off non-cash gain of S$90.9M.
Singapore stocks to watch Thursday: Citic Envirotech, CSE Global, Hyflux, First REIT, Lendlease Global REIT
These are Singapore companies which may be in focus on Thursday, 7 November 2019: Citic Envirotech, CSE Global, Hyflux, First REIT and Lendlease Global REIT.
First REIT reports 3Q19 net property income fell nearly 3 percent
First REIT reported Wednesday its 3Q19 net property income fell 2.5% on-year to S$28.22M on higher property expenses in South Korea and Indonesia.