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Daily Debrief: What Happened Today
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EXCLUDING ECs, developers sold 1,178 private homes in July 2019, up 43.5 per cent from the 821 units they moved in the previous month, but down 31.7 per cent from the 1,724 units they found buyers for, in July 2018.
THE survey by the Singapore Business Federation (SBF) and PwC Singapore also showed Vietnam, Singapore and Indonesia are seen as the markets in Asean and South Asia with the most opportunities related to China's Belt and Road Initiative (BRI).
THE five Reits (real estate investment trusts) are RHT Health Trust (+98.2 per cent), Ascendas Hospitality Trust (+38.6 per cent), Ascendas India Trust (+35.3 per cent), Lippo Malls Indonesia Retail Trust (+34.9 per cent) and Mapletree Commercial Trust (+30.1 per cent).
THE deal, South-east Asia's largest block trade in 2019, sent Intouch shares down nearly 6 per cent on Thursday in Bangkok trading.
AN investor group led by Singapore's sovereign wealth fund GIC and private equity firm Silver Lake Management LLC is looking to pull out more than US$900 million from the company through a special dividend mostly funded by new borrowings.
KIOTVIET will use the fresh funding to expand its point-of-sales business throughout Vietnam with a focus on remote areas, build up its leadership team, as well as to better serve the country’s microbusinesses and SMEs
The STI today