Meitu major shareholder in Migme; SIIC scrip up on Henan deal

7 Jul 2016 - DealStreetAsia
Chinese photo and video app developer Meitu becomes a substantial shareholder after investing $1.5 million in Singapore-based Migme and SIIC Environment Holdings shares gained after it took a 75 per cent stake in Henan Zhonghui Lianhe Investment. Meitu Inc announced today that it has become a major shareholder ...

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Temasek's net portfolio value shrinks for the first time since 2009

7 Jul 2016 - Singapore Business Review
Due to declines in valuations of listed assets. Temasek's net portfolio value dropped by 9.02% to $242 billion in FY16, marking the investment company's first loss since 2009. The drop was mainly due to the decline in the mark-to-market valuations of listed assets. The group's net profit shrank to $8 ...

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United Kingdom Real Estate Funds Have Suspended Fund Redemptions: What Does It Mean For Investors In Singapore?

7 Jul 2016 - The Motley Fool Singapore
After the recent vote by the people of the United Kingdom to leave the European Union – what’s commonly known as “Brexit” – investors are starting to question their investments in the UK. Sterling’s 13% or so decline against the US dollar since the date of the vote has not helped matters. Large real ...
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The Three Numbers That Lubricate Kuala Lumpur Kepong Berhad

7 Jul 2016 - The Motley Fool Singapore
It began life in 1906 as Kuala Lumpur Rubber Company. It was listed on the London Stock Exchange in 1907. But today Kuala Lumpur Kepong Berhad (KLSE: 2445.KL; KLSE: KLK), which even owned Crabtree & Evelyn for a brief period, is Malaysia’s third-largest palm oil producer. KLK has, until recently, delivered ...
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Temasek reports S$24b drop in net portfolio value as of end-March

7 Jul 2016 - Channel NewsAsia
SINGAPORE: Temasek Holdings reported a net portfolio value of S$242 billion (US$180 billion) as of end-March 2016, a drop of S$24 billion from S$266 billion a year ago. The Singapore-based investment company posted one-year Total Shareholder Return of -9.02 per cent for the year - the first decline since ...

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Temasek assets fall first time since 2008

7 Jul 2016 - DealStreetAsia
Singapore state investment fund Temasek Holdings Pte Thursday said its total shareholder return (TSR in Singapore dollars) had fallen to negative 9.02% on a one-year basis, primarily on account of the price declines of its listed investments. This marks the first time in seven years that Temasek has ...

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Temasek Holdings to open San Francisco office as it seeks more seeks U.S. tech investments

7 Jul 2016 - DealStreetAsia
Following the opening of an office in New York City in 2014, Temasek Holdings is opening a second US office in the city of San Francisco, California. This is likely motivated by a move to broaden its exposure to the technology sector and tap the ecosystem of Silicon Valley. This is in alignment with ...

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3 Popular Principles for Investors to Deal with Brexit

7 Jul 2016 - The Motley Fool Singapore
The repercussion from Brexit – the vote by the people of the United Kingdom to leave the European Union – continues to cause uncertainty in global markets. Brexit wiped off US$2 trillion in stock market value on 24 June 2016. It now holds the ignominious record as the most damaging and shocking one-day ...
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2 Things That Investors Should Know About Oversea-Chinese Banking Corp Limited Right Now

7 Jul 2016 - The Motley Fool Singapore
If you are a current or prospective investor of Oversea-Chinese Banking Corp Limited (SGX: O39) – one of the three big banks listed in Singapore – there are two important things that you should know about it at the moment: OCBC has been engaged in share buybacks recently. In fact, the bank is one of ...
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Singapore: Lubricant trader United Global raises $6.8m in IPO

7 Jul 2016 - DealStreetAsia
Singapore’s lubricant manufacturer and trader United Global Limited has sold 42.8 million new shares during its initial public offering (IPO) on July 5, priced at S$0.25 each, the company announced. The subscription to the shares amounted to S$10.7 million ($7.9 million), while the company raised S$9.2 ...
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