South Pole announced in February 2022 that Temasek subsidiary GenZero had taken a minority stake.
Swiss carbon finance consultancy South Pole has raised an undisclosed amount in a new investment round, with participation from “its largest shareholders” including Temasek subsidiary GenZero, Swiss family office Corisol and London-headquartered investor Lightrock.
In an April 25 statement, South Pole says t...

Analysts see cheap Chinese stocks, Korean reform beneficiaries and Indian domestic-driven equities among the haven plays in Asia.
A higher-for-longer interest rate environment is burnishing the credentials of cheap Chinese stocks and driving value investment strategies in Asia. 
Corporate reforms in Japan and South Korea will support a value thesis, according to JPMorgan Asset Management and AllianzGI. Meanwhile, M&G Investment Management...

What makes Singapore an ideal gateway for European companies seeking to expand their presence in SEA? This author shares more.
Two powerful forces are converging to reshape societies today: the digital revolution, and the pressing need for sustainability and addressing climate change. From the halls of policymakers to the boardrooms of corporations and the conversations in our homes, these interconnected themes are taking centre stage.
The digital r...

CQ @ Clarke Quay's 93% occupancy could buoy NPI in 2H2024 and its valuation, lowering CICT's leverage.
CapitaLand Integrated Commercial Trust (CICT) C38U has had a spate of better news in March and April. CQ @ Clarke Quay reopened on April 26 with a committed occupancy of 93% compared to 85% as at end-December 2023. The refreshed tenant mix comprises more than 50% new concepts from international and homegrown brands....

The company hopes increased access to diversified investors will boost its European presence in the global gaming industry.
Winking Studios WKS has proposed a secondary listing on the London Stock Exchange’s (LSE) sub-market AIM to boost its European presence in the global gaming industry.
The company says that the proposed AIM listing will provide an additional quoted platform for its securities to be traded via an establish...

The REIT manager first announced the dividend stopper provisions in March 2023, declaring no DPU until certain conditions are met.
Lippo Malls Indonesia Retail Trust (LMIRT) D5IU will not be paying any distributions per unit (DPU) for its 1QFY2024 ended March 31, the fifth consecutive quarter in which LMIRT will not be paying distributions to holders of its $140 million perpetual securities. 
The REIT manager firs...

The notes will bear interest at a floating rate based on the 6-month Euribor rate plus an agreed spread, payable semi-annually.
​​Keppel BN4 has priced the issue of EUR70 million ($102 million) floating rate notes due 2031 under its multicurrency medium term note programme. 
The Series 017 Notes will bear interest at a floating rate based on the 6-month Euribor rate (Euro Interbank Offered Rate) plus an agreed spread, payable semi-annually in arrear with a ...

Vincent Tan Chee Yioun of Berjaya Corp has not participated in any discussions related to the casino at Forest City
Berjaya Corporation says reports that its founder Vincent Tan is in talks with other parties for a casino at Forest City is not correct.
"The articles in question, titled 'Malaysia in talks with tycoons on casino to revive US$100 billion Forest City' (Bloomberg LP) and 'Malaysia mulls casino at Forest City...

MAS’s latest decision comes as the Singapore economy is expected to strengthen over 2024.
The Monetary Authority of Singapore (MAS) says it will maintain the prevailing rate of appreciation of the Singapore dollar nominal effective exchange rate (S$NEER) policy band. There will no change to the band’s width and the level at which it is centred, says the central bank in its Macroeconomic Review published on April 26.
According to M...

FRB revenue rose by 7% y-o-y while REIB revenue fell by 4% y-o-y during the quarter.
CapitaLand Investment (CLI) has reported revenue of $650 million for the 1QFY2024 ended March 31, 0.15% lower y-o-y.
The group’s fee income-related business revenue (FRB) rose by 7% y-o-y to $274 million due to growth across all segments except for private funds management. During the quarter, overall all-in fee-related earnings (FRE) ...