Singapore companies which may be in focus on Thursday, 28 July 2021: Ascendas India Trust, KIT, Suntec REIT, Stamford Land and Creative.
KORE’s private placement to raise around US$65M was more than two times subscribed, with strong demand from new and existing unitholders.
Singapore companies which may be in focus on Wednesday, 27 July 2021: Keppel, Parkway Life REIT, Mapletree Industrial Trust and Oxley.
KORE has launched a private placement of up to 90.28M new units at US$0.72 to US$0.743 to raise US$65M to fund two proposed acquisitions.
KORE plans to acquire two office buildings — Bridge Crossing in Nashville and 105 Edgeview in Colorado — for a total of US$105.1M.
Singapore companies which may be in focus on Tuesday, 27 July 2021: CDL Hospitality Trusts, Keppel DC REIT, KORE, LMIRT and ST Engineering.
KORE reported Monday its 2Q21 net property income slipped 3.3 percent on-year to US$20.23M, while gross revenue declined 3.9 percent on-year.
These are stock news briefs for Friday 23 July 2021: Mapletree Industrial Trust, Prime US REIT and Far East Group.
Singapore’s sovereign wealth fund GIC will invest US$250M in EV battery maker Clarios at the IPO price, the company said Tuesday.
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.
GIC joined Lime Rock New Energy to invest in Qmerit, which provides installation services for EV charging stations.
SMI entered a non-binding MOU with The9 to launch a cryptocurrency mining business, the Singapore-listed company said Thursday.
GIC has allocated US$500M to a US$1B office property tie-up with Boston Properties and Canada Pension Plan Investment Board.
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.
Singapore state-owned investment company Temasek increased its stake in Intapp, buying an additional 1.92 million shares.
Temasek owns around 6 percent of Payoneer after the cross-border payments fintech went public, according to a U.S. securities filing Tuesday.
CAE completed the acquisition of L3Harris’ Military Training business for US$1.05B, in a deal with institutional backing from GIC and CDPQ.
Funds managed by Temasek and HPS Investment have agreed to sell Cypress Creek Renewables to EQT Infrastructure V fund, EQT said Sunday.