ESR-Reit, Sabana Shari'ah Compliant Real Estate Investment Trust :
Addressing concerns over ESR-Reit's low buyout offer for Sabana Reit, chief executive of the latter's manager Donald Han said that in a"very regulated market", it is"not easy to achieve the kind of price are looking for". He was and the Securities Investors Association over the trusts' proposed merger. ESR-Reit units were flat at 39.5 Singapore cents as at 9.10am on Friday, while Sabana Reit tumbled 0.5 cent or 1.3 per cent to 37 cents.The conglomerate said on Friday morning that its wholly-owned subsidiary has signed a memorandum of understanding with US-listed GDS Holdings to
for the Sembcorp unit's data centres in China. Sembcorp shares, trading ex-entitlements, were flat at S$1.19 as at 9.09am on Friday.at an initial annual distribution rate of 3 per cent. The order book was in excess of S$725 million, its manager said on Thursday. Ascendas Reit units lost S$0.02 or 0.6 per cent to S$3.25 as at 9.08am on Friday.
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Tokyo: Stocks open higher[TOKYO] Tokyo stocks opened higher on Thursday, supported by rallies on Wall Street with trade remaining cautious ahead of an ECB meeting, which could move currency rates. Read more at The Business Times.
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