In today’s briefing:
- REIT Watch – S-Reits continue to expand through DPU-accretive acquisitions
- Raffles Medical executive chair continues acquisitions, CDL leads buyback consideration
REIT Watch – S-Reits continue to expand through DPU-accretive acquisitions
- REIT Watch – S-Reits continue to expand through DPU-accretive acquisitions Nevertheless, S-Reits are still expanding their portfolios as we see Reit managers announce proposed acquisitions and developments in the year thus far.
- MLT announced the proposed acquisitions of three logistics properties – one in Malaysia and two in Vietnam – for a total acquisition cost of about S$234 million.
Raffles Medical executive chair continues acquisitions, CDL leads buyback consideration
- Raffles Medical executive chair continues acquisitions, CDL leads buyback consideration Institutions were net sellers of Singapore stocks over the five trading sessions through to Mar 14, with S$156 million of net institutional outflow, as 24 primary-listed companies conducted buybacks with a total consideration of S$35.3 million, up from the S$24.4 million in buyback consideration for the preceding five sessions.
- Between Mar 7 and 13, Raffles Medical Group executive chairman Loo Choon Yong acquired 2.7 million shares at an average price of S$1.02 per share.
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