The Business Times
business-time-50
BIG MONEY

Relaxed Reit rules

google-preferred-sourceAdd BT as a preferred source
Joan Ng

Joan Ng

Published Mon, Jul 29, 2024 · 07:00 AM
    • Well Chip’s successful Bursa Malaysia debut is particularly noteworthy because its parent company is Singapore-listed pawnshop operator ValueMax Group, writes BT senior correspondent Joan Ng.
    • Well Chip’s successful Bursa Malaysia debut is particularly noteworthy because its parent company is Singapore-listed pawnshop operator ValueMax Group, writes BT senior correspondent Joan Ng. BT SCREENSHOT

    In this issue:

    • MAS proposes higher leverage limit for all Reits
    • ValueMax unit gets warm welcome

    Greetings dear reader,

    It has been said that the Singapore market is, at heart, a real estate investment trust (Reit) market. Last week’s announcement by the Monetary Authority of Singapore (MAS) delivered a jolt to that heart – but was it for better, for worse, or for nothing at all?

    Big Money Newsletter

    TRENDING NOW

    When BT visited the Japan Home outlet at Eastpoint Mall in Simei on Tuesday, it was conducting stocktaking.

    Japan Home closing outlets; staff say Valu$ taking over operations

    Dennis Chua, founder and CEO of Timah Partners (centre), with members of his team (from left), Kelvin Ho, Serena Li, Yap Hsien Liang and Christopher Pang.

    Timah Partners lands S$60 million facility from lenders including UOB, RHB

    The new vehicles will comprise a mix of fully electric and hybrid models, including the BYD Seal 6 DM-i.

    ComfortDelGro’s Zig to buy S$10 million worth of BYD cars for private-hire fleet

    BYD’s rise to become the No 1 passenger-car seller in Singapore can be described as explosive. 

    How BYD disrupted Singapore’s car market – and why the strategy is turning on itself

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More