Hock Meng Tay
Stories by Hock Meng Tay
Keppel Infrastructure Trust to issue $73m subordinated perpetual securities
The latest issue is part of an S$1-billion ($730 million) multicurrency debt issuance programme.
Singapore’s ESR-REIT launches equity offering to raise up to $109m
ESR-REIT seeks to raise gross proceeds of between S$75 million ($54.71 million) and S$100 million through a private placement.
Frasers Property, ESR acquire Melbourne business park site
The joint development is a 50:50 split between Frasers Property and ESR.
Frasers Logistics divests 50% stake in Queensland property for $93m
The divestment is in line with its active management strategy, Frasers said.
Asia Digest: SG’s Plano raises funds; Revolution Precrafted’s Antonio launches PH startup
Plano, launched in 2017, plans to use the funding to expand its operations.
SSG Capital-backed Al Falah awaits OJK’s approval to acquire Bank Muamalat
Bank Muamalat will start the process for a rights issue once it receives OJK’s approval, the bank's CEO said.
India performance eats into Uber’s food delivery margins
Increased incentives to consumers, drivers and restaurants in India were behind nearly half of the year-over-year decline in Uber Eats' take rate duri
SGX-listed ESR-REIT to raise $109m loan to refinance debts, fund acquisitions
ESR-REIT’s portfolio comprises of 57 properties across Singapore.
Multiple monetisation streams in gaming, e-commerce push up Sea’s Q1 numbers
Sea has been monetising its games with flagship Free Fire garnering over 450 million registered users.
Singapore’s G&G Group, Sri Lanka’s EMS jointly acquire tea plantation firm for $5.7m
Hatton Plantation is well-known for its quality Ceylon tea.
