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Elliot & Co. founder Jeremy Foo on overcoming loss of baby and paying it forward to start-ups and SMEs - THE EDGE SINGAPORE

Feature

Elliot & Co. founder Jeremy Foo on overcoming loss of baby and paying it forward to start-ups and SMEs

The sting of losing a child reinforced Elliot & Co. Jeremy Foo’s desire to support underdog start-ups and SMEs
Mapletree Industrial Trust acquires 29 data centres in the US for US$1.3 bil - THE EDGE SINGAPORE

REITs

Mapletree Industrial Trust acquires 29 data centres in the US for US$1.3 bil

The manager of MINT says the acquisition will be financed via proceeds from an equity fundraising and debt.
PropNex expands to Cambodia, boosting salesforce to 12,000 - THE EDGE SINGAPORE

Property

PropNex expands to Cambodia, boosting salesforce to 12,000

PropNex Cambodia is headquartered in Phnom Penh, with a salesforce of close to 500.
Prime US REIT reports 'stable' distributable income of US$18 mil for 1Q21 - THE EDGE SINGAPORE

Results

Prime US REIT reports 'stable' distributable income of US$18 mil for 1Q21

Net property income dipped 2% y-o-y to US$23 million for the quarter.
TEE International to raise $3.8 million via private placement of 129 mil new shares - THE EDGE SINGAPORE

Equity raising

TEE International to raise $3.8 million via private placement of 129 mil new shares

Gross proceeds from the proposed placement amount to $3.9 mil.
ESR-REIT completes 10% acquisition of ESR Australia Logistics Partnership for A$60.5 mil - THE EDGE SINGAPORE

REITs

ESR-REIT completes 10% acquisition of ESR Australia Logistics Partnership for A$60.5 mil

Units in ESR-REIT closed flat at 40 cents on May 12.
Singtel expects to include net exceptional losses of $839 mil and $1.21 bil for 2H21 and FY21 - THE EDGE SINGAPORE

Results

Singtel expects to include net exceptional losses of $839 mil and $1.21 bil for 2H21 and FY21

Singtel will be announcing its 2HFY2021 and FY2021 results before the start of trading on May 27.
PropNex earnings for 1Q21 nearly doubles to $15 mil on better transaction volume - THE EDGE SINGAPORE

Results

PropNex earnings for 1Q21 nearly doubles to $15 mil on better transaction volume

EPS jumped 95.6% y-o-y to 4.01 cents, from 2.05 cents previously.
Riverstone Holdings posts 1,021.7% jump in 1QFY21 earnings - THE EDGE SINGAPORE

Results

Riverstone Holdings posts 1,021.7% jump in 1QFY21 earnings

The company will have the capacity to make 15 billion pieces of gloves per year by end of 2023
BioNTech to open regional HQ and vaccine manufacturing facility in Singapore - THE EDGE SINGAPORE

Company in the news

BioNTech to open regional HQ and vaccine manufacturing facility in Singapore

The German biotech company plans to make Singapore its regional hub for Southeast Asia.
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