Singapore stock briefs Thursday: Ascendas India Trust, KIT, Suntec REIT, Creative, Stamford Land
Singapore companies which may be in focus on Thursday, 28 July 2021: Ascendas India Trust, KIT, Suntec REIT, Stamford Land and Creative.
Technology
Keppel DC REIT upgraded to Buy by DBS on China acquisition
DBS upgraded Keppel DC REIT to Buy from Hold, citing “surprise acquisitions” after the REIT announced it would buy Guangdong Data Centre.
UPDATE: Singapore stocks to watch Tuesday: CDLHT, Keppel DC REIT, KORE, LMIRT, MNACT, ST Engineering, SATS
Singapore companies which may be in focus on Tuesday, 27 July 2021: CDL Hospitality Trusts, Keppel DC REIT, KORE, LMIRT and ST Engineering.
Keppel DC REIT to acquire first China data center for S$132M
Keppel DC REIT entered a deal to acquire Guangdong Data Centre for S$132M from Guangdong Bluesea Data Development (Bluesea).
UPDATE: Singapore stock briefs Monday: Olam, SIA Eng, iFAST, Mapletree Commercial, Y Ventures, Far East Group
Singapore stock briefs for Monday, 26 July 2021: Olam, SIA Engineering, iFAST, Mapletree Commercial Trust, Far East Group and Y Ventures.
iFAST points to PCCW Solutions deal and Malaysia digital bank bid for share price surge
Wealth-management player iFAST pointed to two recent announcements as possible explanations for the around 13% surge in its shares this week.
Temasek’s nearly 38 percent of Intapp valued around US$618M
Temasek holds 22.13M shares of U.S.-listed Intapp, or a 37.7% stake, according to a filing to U.S. securities regulators Monday.
Temasek portfolio bounces back from pandemic year to record S$381B
Singapore’s Temasek reported Tuesday its net portfolio value climbed to a record S$381B for the fiscal year ended 31 March.
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.
Creative Technology to sell US office property for around US$11M
Creative Technology entered a deal to sell its California office property for US$11.13 million, the Sound Blaster maker said Thursday.
AirAsia to acquire GoJek’s Thai operations for US$50M
AirAsia entered deals to acquire GoJek’s ride-hailing and fintech operations in Thailand for a total of US$50M, the carrier said Wednesday.
Temasek increases Intapp stake in IPO
Singapore state-owned investment company Temasek increased its stake in Intapp, buying an additional 1.92 million shares.
Temasek leads agritech Licious’ US$192M series F funding round
Temasek is investing in Indian agritech Licisous’ US$192 million series F funding round, Singapore’s state-owned investment company said.
Temasek-founded ISTARI invests in cybersecurity play Prevalent AI
ISTARI, a Temasek-founded cybersecurity platform, became a “significant minority shareholder” of security data science player Prevalent AI.
Temasek may hold around 34 percent Intapp stake valued around USD526M post-IPO
Singapore state-owned investment company Temasek appears set to hold an around 34.39 percent stake in Intapp after its initial public offering (IPO) set for later Wednesday, according to filings to U.S. securities regulators.
Singapore share buybacks Friday: Venture, Telechoice, Samurai 2K Aerosol, Avarga, Hour Glass
These are companies which announced share buybacks on Friday, 25 June 2021: Telechoice International, Venture Corp., The Hour Glass, Avarga and Samurai 2K Aerosol.
Singapore share buybacks Thursday: Venture, Hour Glass
These are Singapore companies which announced share buybacks on 24 June 2021: Venture Corp. and The Hour Glass.
Singapore share buybacks Tuesday: Venture
These are Singapore companies which announced share buybacks on Tuesday, 22 June 2021: Venture Corp.
Singapore share buybacks Monday: Venture, Sarine, Hour Glass, Sanli Environmental
Singapore companies which announced share buybacks on Monday, 21 June 2021: Venture, Sarine Tech, The Hour Glass and Sanli Environmental.
AirAsia pushes into crowded super app territory amid travel drought
Malaysia-based budget carrier AirAsia, hit hard as the pandemic quashed regional travel, has been expanding into Southeast Asia’s crowded super app category, CEO Tony Fernandes told the CNBC Evolve conference Wednesday.