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REIT Watch
Suntec REIT raises $94.4 mil in Suntec City strata sales to lower gearing
Suntec REIT's manager prefers selling strata units and/or Australian assets to pare debt rather than equity fund raising
January 25, 2024
M&A
SingPost to buy Australia's Border Express for A$210 million in bid to widen logistics presence Down Under
Upon completion of the deal, SingPost's revenue in Australia would exceed $1 billion
November 01, 2023
Funds
Keppel's private fund invests A$198 million in two education assets
Keppel's education fund invests A$198 million in two assets taking Australian AUM to A$4.8 billion
October 12, 2023
Behind the Bottle
Wynns Coonawarra Estate proves young wines from old vines can match aged vintages in quality
Wynns Coonawarra Estate releases five elegant medium-bodied red wines from the 2021 vintage
September 28, 2023
Broker's Calls
Maybank, UOB Kay Hian stays positive on Civmec
'Civmec is well-placed to capitalise on the government’s defence spending in the mid-long term'
August 30, 2023
Broker's Calls
ComfortDelGro's latest bus contract is a 'good signal': DBS
DBS believes the latest contract is relatively immaterial to ComfortDelGro's overall earnings but nonetheless a 'good signal'
July 04, 2023
Contracts
ComfortDelGro wins New South Wales outer metropolitan bus tender worth over A$200 mil
ComfortDelGro secures A$200 mil worth of bus contract from the Australian government.
July 04, 2023
Environmental, Social and Governance
Billionaires’ M&A fight ends with revival of solar export dream
The plan involves a 4,200-km long submarine cable to transport electricity to Asia from Australia
May 26, 2023
Debt and defaults
AusGroup, unable to service debt, files to wind up
On Dec 5, the company confirmed that it was unable to meet interest payment for a $110 million debt
May 21, 2023
Global Markets
Australia, a 'Crowded House' revisited
The markets of Singapore and Australia have plenty of similarities and are complementary
March 30, 2023