The Business Times
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Raphael Lim

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.

emailraphlim@sph.com.sg
email@RaphaelLimBT
Mapletree Logistics Trust recorded positive rental reversions in all markets except China.
REIT WATCH

S-Reits rebound from early April sell-off

Vito Xu, chairman of Sasseur Reit’s sponsor, Sasseur Group, notes that an increasingly saturated outlet market in China coupled with economic downturn poses both challenges and opportunities.
TOPLINE

Sasseur Reit focuses on operational resilience, financial prudence to ride out sector headwinds

Best World announced last month its exit offer by way of a selective capital reduction as it seeks to delist the company.

Best World raises exit offer price to S$2.56 per share in final offer

A final dividend of S$0.005 per share was proposed, similar to the final dividend a year earlier, Stamford Land says.

Stamford Land H2 net profit falls 88.9% on absence of disposal gains

New Tech Park, at 151 Lorong Chuan, is an asset in Sabana Reit's portfolio. Sabana Reit’s unitholders have been through multiple EGMs and witnessed disagreements between the parties in the saga that began nearly a year ago.

Sabana internalisation requires trust deed amendment, but court bars ESR from voting

New Tech Park, at 151 Lorong Chuan, is an asset in Sabana Reit's portfolio.

Sabana Reit’s May 24 EGM to be postponed

Jardine Matheson unit Astra International reported a 5 per cent decline in underlying earnings for Q1.

Jardine Matheson Q1 performance similar y-o-y; lower full-year profit expected

LMIRT announced on May 8 that it would commence an offer for holders of its 7.25 per cent senior notes due 2024 to exchange them for senior notes due 2026.

Fitch Ratings downgrades LMIRT to ‘C’ following exchange offer

Over S$200 million of Lin Baoying's (right) assets have been seized, BT reported previously. This includes cash, properties and vehicles, including some that were held collectively with Zhang Ruijin (left).

Money laundering accused Lin Baoying expected to plead guilty on May 30

Seatrium said it has agreed to pay the US$68 million as “full and final settlement” to resolve the interest payable and all outstanding issues.

Seatrium to pay US$68 million linked to interest following arbitration

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