Raphael Lim
Raphael Lim is a correspondent with The Business Times, covering listed companies and Reits. He has over seven years of experience spanning across journalism and financial regulation. Prior to joining BT in 2020, Raphael worked at the Monetary Authority of Singapore supervising fund managers. He is a CFA charterholder, and graduated from Nanyang Technological University with a double major in Communication and Economics.
S-Reits rebound from early April sell-off
They may offer investors some shelter, given their weak correlation with US and global equities
Sasseur Reit focuses on operational resilience, financial prudence to ride out sector headwinds
It aims to build a robust internal corporate culture that prepares the group and employees for the intense competition in the future
Best World raises exit offer price to S$2.56 per share in final offer
Company decided on the move after a review of its most recent financial and cash position
Stamford Land H2 net profit falls 88.9% on absence of disposal gains
Revenue for the six months was up 2.8% to S$83.8 million
Sabana internalisation requires trust deed amendment, but court bars ESR from voting
The court ruling will likely provide greater clarity for Sabana Reit’s unitholders
Sabana Reit’s May 24 EGM to be postponed
Further announcements concerning the postponed meeting would be made in due course
Jardine Matheson Q1 performance similar y-o-y; lower full-year profit expected
JARDINE Matheson Holdings on Thursday (May 23) reported that the performance of its businesses in the first quarter of 2024 was similar...
Fitch Ratings downgrades LMIRT to ‘C’ following exchange offer
LMIRT’s senior secured notes are also downgraded and given a recovery rating of ‘RR4’
Money laundering accused Lin Baoying expected to plead guilty on May 30
Lin is the ninth of 10 foreign nationals embroiled in the case who has indicated a guilty plea
Seatrium to pay US$68 million linked to interest following arbitration
SEATRIUM said on Tuesday (May 21) that it has agreed to pay US$68 million to MH Wirth to make good on the...