The Business Times

Suntec Reit

Companies & Markets

David Matheson succeeds Chew Gek Khim as Suntec Reit manager’s chairman

Suntec City’s revenue rose 1.9 per cent on the year to S$133.2 million, mainly due to higher retail and office revenue generated by higher rent.
Companies & Markets

Suntec Reit posts 3.7% rise in H1 DPU to S$0.03155

ST20241029-202498700630-Lim Yaohui-pixgeneric/ Generic photograph of Fountain of Wealth in Suntec City on Oct 29, 2024. Recognised in 1998 by the Guinness Book of World Records as the World's Largest Fountain, the bronze ring of the fountain is designed based on the Hindu Mandala (or "universe") and is a symbolic representation of the oneness in spirit and unity, representing the quality and harmony of all races and religions. Soak in the positive “qi” energy at the fountain by encircling the fountain clockwise three times, stretching out your right hand over the water, as you make a silent wish and let the wonders unfold. Can be used for stories on economy, wealth, office, finance, financial, money, invest, budget, URA, population and life. (ST PHOTO: LIM YAOHUI)
Companies & Markets

Suntec Reit sees subdued retail sales, expects office, retail tenants to hold off expansion plans

Q1 gross revenue of Suntec Reit was up 3.4 per cent to S$113.5 million for the quarter, from S$109.8 million in the year-ago period.
Companies & Markets

Suntec Reit posts 3.4% rise in Q1 DPU to S$0.01563

ByteDance is a major tenant at One Raffles Quay.
Companies & Markets

One Raffles Quay inks S$1.13 billion sustainability-linked loan from DBS, other banks

Property tycoon Gordon Tang and wife’s stake in Suntec Reit stands at 35.5 per cent, or about 1 billion units, after returning the offer units to the unitholders who accepted the offer.
Companies & Markets

Property tycoon Gordon Tang and wife’s takeover bid of Suntec Reit lapses without fulfilling 50% threshold

The offer's closing date was extended to Feb 7, from Feb 3.
Companies & Markets

Gordon Tang and wife extend closing date of cash offer for Suntec Reit to Feb 7

Suntec Reit's distributable income in H2 FY2024 slipped 13.2 per cent.
Companies & Markets

Suntec Reit’s H2 DPU slides 13.9% to S$0.0315

The revised offer marks a 2.6 per cent improvement from the initial offer of S$1.16 apiece made on Dec 5 last year.
Companies & Markets

Suntec Reit unitholders should reject revised S$1.19-a-unit offer: Morningstar

The offer was first made on Dec 5 last year, at S$1.16 per unit.
Companies & Markets

Gordon Tang and wife increase cash offer for Suntec Reit to S$1.19 a unit

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