Market Update: STI up 0.43%

31 May 2021 - Singapore Business Review
Mapletree Logistics Trust saw the sharpest decline during Friday's trading, with a 3.17% drop. The Straits Times Index ended 13.73 or 0.43% higher at 3,178.55 at the close of trading on Friday, May 28. Among the top active stocks were Singapore Airport Terminal Services (SATS) which grew 2.85%, Sembcorp ...
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Market Update: STI up 0.6%

27 May 2021 - Singapore Business Review
Mapletree Logistics Trust saw the sharpest decline during Thursday's trading, with a 1.50% drop. The Straits Times Index ended 18.73 or 0.6% higher at 3,164.82 at the close of trading on Thursday, May 27. Among the top active stocks were YZJ Shipbldg SGD which grew 4.17%, Singapore Airport Terminal Services ...
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Market Update: STI up 0.34% ahead of Fed meeting

26 Apr 2021 - Singapore Business Review
The Straits Times Index closed up 0.34% or 10.86 points to end at 3,204.90 on Monday, as major Asian markets gained ahead of the latest policy meeting of the US Federal Reserve. Top performers for the day were Yangzijiang Shipbuilding with 2.13% or $1.44 in gains, Mapletree Logistics Trust which rose ...
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Mapletree acquires five properties in South Korea

19 Mar 2021 - Singapore Business Review
The acquisition was first announced on 15 February. Mapletree Logistics Trust (MLT) has completed the acquisition of five logistic properties in South Korea with a total value of $334.8m. According to an announcement posted by the Singapore Exchange, MLT now indirectly wholly owns CoreLogis and Gwan-ri ...
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Mapletree Logistics to expand to India

18 Mar 2021 - Singapore Business Review
Mapletree proposes the purchase of two new properties in South Asia. Mapletree Logistics Trust (MLT) is set to expand in South Asia through the proposed acquisition of two warehouses in India. In a bourse disclosure, Mapletree announced its plans to purchase warehouses in Pune and Maharashtra India through ...
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Mapletree Logistics Trust to acquire five South Korea logistics properties

17 Feb 2021 - Singapore Business Review
The proposed acquisition is priced at $334.8m. Mapletree Logistics Trust (MLT) is set to acquire five logistics assets in South Korea for $334.8m (KRW 280b) as it aims to strengthen its portfolio and competitive positioning in the country through the addition of modern, high-quality assets, the company ...
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Market Update: Singapore shares slip two days ahead of Chinese New Year

11 Feb 2021 - Singapore Business Review
The Straits Times Index had a downfall on Wednesday trade of about 9.43 points or 0.32% closing at 2,925.84. Investors are still keeping up their trade days ahead of the Lunar New Year celebration, boosting the performances of other major Asian stock indices. About 2.28-billion securities worth S$1.14-billion ...
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Mapletree Logistics Trust secures $200m green loan from OCBC

10 Feb 2021 - Singapore Business Review
The loan is a first for MLT. Logistic space provider Mapletree Logistics Trust has secured a $200m green revolving credit facility from OCBC Bank. The company will use the money to finance the working capital requirements in line with the eligibility criteria of MLT’s newly established Green Loan Framework. ...
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Market Update: STI ends Wednesday trade up by 0.35%

4 Feb 2021 - Singapore Business Review
The Straits Times Index made a slight uptick of about 10.18 points or 0.35%, to end the day's trade at 2,927.47. Hopes for a stimulus package from the US Congress and the continued vaccine rollouts across the region boosted major Asian indices for the day. About 2.35-billion securities worth S$1.29-billion ...
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Singapore stocks edge up tracking Wall Street rally; STI up 0.4%

3 Feb 2021 - The Business Times
SINGAPORE shares were pulled into positive territory on Wednesday, led by Wall Street gains overnight. Daily FX strategist Margaret Yang noted that a strong finish on Wall Street encourages another "risk-on" session across the Asia-Pacific markets, while upbeat earnings from Alphabet, Amazon and Alibaba ...
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