AA Reit is one to watch on potential corporate action, say analysts
SEPTEMBER has been a busy month for Aims Apac Reit O5RU : O5RU 0%.
The Singapore-listed real estate investment trust (S-Reit), which owns and invests in a diversified portfolio of industrial real estate assets in Singapore and Australia, was one of the 11 S-Reits to be inducted into the FTSE EPRA Nareit Global Real Estate Index series this month.
On Sept 2, a day after the announcement, the counter rose 3.9 per cent or S$0.06 to a 52-week high of S$1.60. Traded value for the day surged to S$5.7 million, more than four times that of its 12-month total average daily traded value (ADTV).
Since then, however, several announcements have wobbled …
GET BT IN YOUR INBOX DAILY
Start and end each day with the latest news stories and analyses delivered straight to your inbox.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Syngenta to withdraw China IPO application on weak market: sources
Chinese firms’ fundraisings in limbo as IPOs scrutinised at home and abroad
China’s Huawei continues rebound with strongest earnings growth since 2019
Hatten Land gets notice of default, letter of demand for RM14 million, appoints financial adviser
ComfortDelGro wins contracts to run buses in Manchester
Sam Bankman-Fried, at sentencing, acknowledges FTX customers have suffered