Business trusts
Dasin Retail Trust’s China unit could face legal action if it fails to pay back offshore loans
The subsidiary has breached an inter-creditor deed by making unauthorised repayments of onshore loans
Keppel Infrastructure Trust to buy 46.7% stake in subsea cable firm Global Marine for US$90.6 million
The acquisition is expected to raise distribution per unit by an accretive 3.5%
Reits results at a glance
S-Reits and business trusts financial results for period ended June 30, 2024
WealthBT: Prenups - Why enter into one and who benefits? (Ep 31)
Are prenuptial agreements recognized in Singapore? Are they getting more prevalent? Genevieve Cua discusses with Ivan Cheong, head of the divorce and family team with Withers KhattarWong in Singapore.
Why China’s US$2.9 trillion trust industry is sparking fears of contagion
CHINESE regulators have sought for years to get to grips with the US$2.9 trillion trust industry, a corner of the country’s shadow banking sector that offers bigger returns than regular bank deposits ...
FHT sees ‘continued recovery’ in markets as tourism returns; general increase in RevPAR in Q1
FRASERS Hospitality Trust (FHT) saw an increase in revenue per available room (RevPAR) across its portfolio for the first quarter ended Dec 31, 2022, as international tourism continues to bounce back ...
Mapletree Pan Asia Commercial Trust keeps Q3 DPU unchanged at S$0.0242 due to higher finance costs
MAPLETREE Pan Asia Commercial Trust’s (MPACT) distribution per unit (DPU) stayed flat at S$0.0242 for the third quarter ended Dec 31, 2022, unchanged from a year earlier. This was due to higher financ...
China to curb shadow banking with draft rules for trust firms
CHINA’S banking and insurance regulator on Friday (Dec 30) issued draft rules to step up oversight of the US$3 trillion trust industry, and reduce financial risks in the shadow banking sector.
Directors’ independence, interest alignment remain concerns for listed trusts: governance index
The governance practices of Singapore-listed trusts have begun to improve again after a recent slump; but issues that also dog the rest of the market – such as an ongoing reluctance to actively pursue...
Singapore amends laws on business trusts for better governance, transparency
BUSINESS trusts in Singapore will need to provide more information about their beneficial owners, and unitholders will find it easier to vote to remove trustee-managers. These are some of the changes ...
