Logistics

The Republic’s S$800 million transport strategy anchors its role as a trusted connectivity hub

This adds to its recently proposed acquisition of five logistics properties in the same area

The moves are in line with its continued portfolio rejuvenation efforts, says its manager

Its strategy includes a central, data-enabled platform and expanding its aviation and food businesses

The acquisition is expected to be 4.3% DPU accretive

‘By object’ under section 34 of the Act refers to conduct that has ‘manifest anti-competitive economic rationale’

It plans to expand in South-east Asia, identifying Vietnam and Thailand as key growth markets

Chinese companies have expressed interest in developing the country’s low-altitude industry

But investors remain cautious due to high costs and geopolitical sensitivities