Singapore Wrap Thursday

Six Singapore companies make it to Forbes Asia's 'Best Under a Billion' list

Six Singapore companies have made it to Forbes Asia's "Best Under a Billion" list this year, three more than in 2014.

Bank of China in US$3.55 billion multi-currency landmark deal, includes S$500 million tranche

Bank of China (BOC) has priced a US$3.55 billion multi-currency, multi-location landmark transaction.

Standard Chartered Private Equity invests US$52m in Crystal Jade

Standard Chartered Private Equity (SCPE) has invested US$52 million in Crystal Jade Group Holdings which is an L Capital Asia portfolio company.

Sibor and SOR data to be subject to fees from Oct 1, 2015

Singapore interbank offered rate (Sibor) and ABS swap offer rate (SOR) data will be subject to a monthly usage fee of US$1,500 each for subscribers from Oct 1, 2015, the benchmarks' administrator said on Thursday.

Ascott Reit to acquire seven assets in Australia and Japan for S$298.3m

Ascott Residence Trust (Ascott Reit) will acquire three serviced residences and four rental housing properties in Australia and Japan for S$298.3 million, which are expected to increase Ascott Reit's distribution income for FY2014 by S$3.9 million and distribution per unit by 2.9 per cent from 8.20 cents to 8.44 cents on a pro forma basis.

The STI Today

Singapore shares close flat on Thursday

Mirroring an apparent impasse in the eurozone over Greece's bailout, Singapore shares ended unchanged on Thursday with the Straits Times Index down a marginal 1.46 points to 3,349.87.