Corporate digest
Keppel-KBS US Reit
KEPPEL-KBS US Reit's initial public offering received an overwhelming response with its placement tranche for 228,681,800 units to investors outside the US oversubscribed.
The 34,090,600 units that were offered to the general public in Singapore were about 6.7 times oversubscribed. This public offer drew 9,064 valid applications for an aggregate of 227,764,700 units. In total, gross proceeds of about US$553.1 million were raised from over 62…
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Companies & Markets
Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece
Singapore shares open higher on Friday; STI up 0.2%
TSMC estimates losses of US$92.4 million due to Taiwan earthquake
Singapore loses ‘world’s best airport’ crown to Qatar
Higher gross rental income, lower expenses boost CICT’s Q1 NPI by 6.3% to S$293.7 million
Stocks to watch: CICT, Seatrium, Keppel DC Reit, UOB