UPDATE: Singapore stock briefs Thursday: CLCT, Keppel, ESR-REIT, KORE, Ascendas India Trust, KIT, Creative
Singapore companies which may be in focus on Thursday, 28 July 2021: Ascendas India Trust, KIT, Suntec REIT, Stamford Land and Creative.
United States
Keppel Pacific Oak US REIT private placement more than two times subscribed
KORE’s private placement to raise around US$65M was more than two times subscribed, with strong demand from new and existing unitholders.
UPDATE: Singapore stock briefs Wednesday: Keppel, Mapletree Industrial, Parkway Life, Oxley
Singapore companies which may be in focus on Wednesday, 27 July 2021: Keppel, Parkway Life REIT, Mapletree Industrial Trust and Oxley.
Keppel Pacific Oak US REIT launches private placement to raise US$65M
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.
Keppel Pacific Oak US REIT to acquire Nashville, Denver properties for US$105.1M
KORE plans to acquire two office buildings — Bridge Crossing in Nashville and 105 Edgeview in Colorado — for a total of US$105.1M.
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.
UPDATE: Keppel Pacific Oak US REIT posts 2Q21 net property income slipped
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.
Singapore stock briefs Friday: Mapletree Industrial, Prime US REIT, Far East Group
These are stock news briefs for Friday 23 July 2021: Mapletree Industrial Trust, Prime US REIT and Far East Group.
GIC to invest US$250M in EV battery-maker Clarios IPO
Singapore’s sovereign wealth fund GIC will invest US$250M in EV battery maker Clarios at the IPO price, the company said Tuesday.
Singapore stock briefs Wednesday: CapitaLand, IREIT Global, Prime US REIT, ARA LOGOS Trust
These are stock news briefs for Wednesday, 21 July 2020: CapitaLand, Prime US REIT, IREIT Global and ARA LOGOS Trust.
GIC, BlackRock, Lexington join Kohlberg & Co’s US$1.1B continuation vehicle
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’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.
GIC, Lime Rock New Energy invest in EV-charger installer Qmerit
GIC joined Lime Rock New Energy to invest in Qmerit, which provides installation services for EV charging stations.
Singapore Myanmar Investco enters MOU with The9 for cryptocurrency mining business
SMI entered a non-binding MOU with The9 to launch a cryptocurrency mining business, the Singapore-listed company said Thursday.
GIC to allocate US$500M to office property tie-up with Boston Properties, CPP Investments
GIC has allocated US$500M to a US$1B office property tie-up with Boston Properties and Canada Pension Plan Investment Board.
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 increases Intapp stake in IPO
Singapore state-owned investment company Temasek increased its stake in Intapp, buying an additional 1.92 million shares.
Temasek holds around 6 percent of Payoneer after SPAC deal
Temasek owns around 6 percent of Payoneer after the cross-border payments fintech went public, according to a U.S. securities filing Tuesday.
CAE completes GIC-backed acquisition of L3Harris Technologies’ Military Training business
CAE completed the acquisition of L3Harris’ Military Training business for US$1.05B, in a deal with institutional backing from GIC and CDPQ.
Temasek-backed funds sell Cypress Creek Renewables to EQT Infrastructure V fund
Funds managed by Temasek and HPS Investment have agreed to sell Cypress Creek Renewables to EQT Infrastructure V fund, EQT said Sunday.