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BIG MONEY

Relaxed Reit rules

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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?

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