Daily Debrief: What Happened Today
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S$216m in rent support to be disbursed to over 38,000 tenants, owner-occupiers
OVER 38,400 tenants and owner-occupiers will get their first Rental Support Scheme (RSS) payouts directly from the government, without going through landlords, from Friday.
Hong Kong-listed ESR Cayman to acquire ARA Asset Management for US$5.2b
ESR Cayman announced on Wednesday that it will acquire 100 per cent of the share capital of integrated real estate fund manager ARA Asset Management for US$5.2 billion.
Rebound in Singapore retail sales eases to 25.8% for June
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SINGAPORE'S retail sales in June extended May's rebound from the low base during last year's "circuit breaker", although momentum has eased, according to the Department of Statistics Singapore (SingStat) on Thursday.
China startups shut out of US face tougher Hong Kong IPO rules
[HONG KONG]Chinese startups hungry for foreign capital are increasingly turning to Hong Kong as hurdles to list in the US multiply. But not every firm will make the cut, and those that do might have to settle for lower valuations.
Mapletree Investments issues S$600m of fixed-for-life perps at 3.7%
MAPLETREE Investments' wholly-owned subsidiary Mapletree Treasury Services has launched and priced S$600 million of 3.7 per cent perpetual securities under its US$5 billion Euro medium-term note programme.
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