Hock Meng Tay
Stories by Hock Meng Tay
Singapore may see rise in REIT mergers as sector is ripe for consolidation
The main trigger for increased M&As in this space is the need for managers to enlarge their asset size.
Reebonz files for $25m warrant offering, may trigger further share dilution
The additional warrant offering will add to the company's ongoing $20-million ordinary share offering.
Why SingPost is selling US e-commerce units Jagged Peak, TradeGlobal
The divestment move follows a strategic review of SingPost's US-based e-commerce businesses.
Reebonz’s profits fall in FY18 even as cash burn rate slightly improves
Despite the shortfall in overall revenues and net profits in FY 2018 , the overall cash burn rate improved from minus S$10.98 million in FY 2017 to mi
Singapore’s Keppel eyes infrastructure, fund management as key growth drivers
Keppel is also seeking to expand into different allied sectors such as senior living, education, real estate and renewables.
StanChart vies for a bigger play in Singapore with latest consolidation move
As part of the business transfer, StanChart Group will inject more than $2.5 billion in common tier one capital into the Singapore unit.
SG’s Swiber close to bagging $200m from NY-listed shipping firm Seaspan
The funding, which will come in two tranches, will help the beleaguered marine engineering group get back on its feet after over two years in judicial
Singapore’s Reebonz announces $20m share offering, stock crashes
The share offering comes just two weeks after its one-for-eight reverse stock split move.
AMP Capital completes sale of its interest to AA REIT manager
Following the completion of the share sale, AIMS Financial Group will be the sole owner the management entities of AA Reit.
Reebonz sees sudden stock price surge days before Nasdaq delisting deadline
During the past two weeks following the reverse stock split exercise and leading up to March 27, the stock price of RBZ has surged by 229.4 per cent.
