The Business Times

Business trusts

Companies & Markets

Dasin Retail Trust’s China unit could face legal action if it fails to pay back offshore loans

Pictured is Cable Retriever, one of Global Marine Group's six vessels. The subsea cable solutions provider provides maintenance and installation services for the global subsea fibre optic cable network.
Companies & Markets

Keppel Infrastructure Trust to buy 46.7% stake in subsea cable firm Global Marine for US$90.6 million

Pre and post nuptials agreements are becoming more prevalent. Why and who really stands to gain?
Podcasts

WealthBT: Prenups - Why enter into one and who benefits? (Ep 31)

The Zhongrong International Trust offices in Beijing, Aug 14, 2023. China's banking regulator has set up a taskforce to examine risks at Zhongzhi Enterprise Group, one of the nation's top private wealth managers, after its unit Zhongrong missed payments on multiple high-yield investment products.
Global Enterprise

Why China’s US$2.9 trillion trust industry is sparking fears of contagion

Intercontinental Hotel Singapore, a portfolio property within FHT. RevPAR for its Singapore portfolio increased 78.9 per cent year on year in Q1 FY 2023.
Companies & Markets

FHT sees ‘continued recovery’ in markets as tourism returns; general increase in RevPAR in Q1

MPACT's manager said the growth in gross revenue and NPI was in part driven by higher earnings from the trust’s Singapore portfolio, which includes shopping mall VivoCity (above).
Companies & Markets

Mapletree Pan Asia Commercial Trust keeps Q3 DPU unchanged at S$0.0242 due to higher finance costs

China's banking and insurance regulator is giving the trust industry three years to comply with the new rules.
International

China to curb shadow banking with draft rules for trust firms

Singapore-listed trusts tend to merely tick the boxes on independence when it comes to their independent directors, and this needs to change, says Prof Mak Yuen Teen. (PHOTO: MAK YUEN TEEN)
Governance Diversity

Directors’ independence, interest alignment remain concerns for listed trusts: governance index

Minister of State for Trade and Industry Alvin Tan speaking in Parliament on 4 April 2022.
International

Singapore amends laws on business trusts for better governance, transparency

Jopy Chiang assumed the role of chief executive at KIT’s trustee-manager just over a year ago.
Companies & Markets

Keppel Infrastructure Trust targets trebling of portfolio to S$18b over next decade

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