SUBSCRIBERS
Corporate digest
Published Wed, Jan 8, 2020 · 09:50 PM
GIC
SINGAPORE sovereign wealth fund GIC has increased its ownership in joint venture Dexus Australian Logistics Trust to 49 per cent, Dexus announced on Jan 6.
Announced in November 2018, the unlisted trust was set up as a joint venture with Australian real estate investment trust Dexus, to invest in logistics properties in Australia. GIC was its foundation investor with an initial 25 per cent investment in the core portfolio.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Macquarie sees biggest profit dip in 15 years on commodities downturn
HSBC appoints ex-Citi banker as new Singapore head of global banking
H2G Green chief to stand trial on Aug 5 amid MOM probe
Dasin Retail Trust’s trustee-manager chairman, directors deny allegations of misconduct
Microsoft adds security chiefs to product groups in wake of hacking woes
Singapore shares climb at Friday’s open; STI up 0.2%