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Stock news such as companies quarterly financial results or stock market related news.
Frasers Centrepoint Trust divest Hektar REIT. Following my previous post Frasers Centrepoint Trust Hektar REIT Diversifies, Frasers Centrepoint Trust has decided to divest all units of Hektar REIT. Rationale for Divestment of Hektar REIT As shared …
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On 21st September 2023, Cybersecurity leader Cisco (NASDAQ:CSCO) announced their plans to acquire Splunk (NASDAQ:SPLK) for $157 per share in cash. The Cisco Splunk acquisition represented approximately $28 billion in equity value. If you are …
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Frasers Centrepoint Trust’s associate Hektar REIT diversifies from retail into the Education industry. If you do not know, Frasers Centrepoint Trust held 30.97% of the units in Hektar REIT (Hektar Real Estate Investment Trust). Hektar …
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Recently, Lendlease REIT has been sold down by investors. The share price of Lendlease Global Commercial REIT (SGX:JYEU) has fallen as much as 16.42% in the past 6 months. What has happened? As you can …
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On 30th August 2023, Frasers Centrepoint Trust announced the proposal to divest Changi City Point for a consideration of S$338.0 million in cash. The sale is approximately 4% above the valuation of S$325.0 million as …
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On 7th August 2023, Paragon REIT announced their 1HFY2023 Financial Results. Paragon REIT was formerly known as “SPH REIT”. For those familiar with SPH REIT, you may have followed the chain offer saga which resulted …
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