To The Moon

H2G Green Limited has issued an update regarding the proposed acquisition of T T J Greenfuel, announcing that all involved parties have consented to a further extension of the long-stop date for fulfilling the conditions precedent outlined in the sale and purchase agreement (SPA). The long-stop date has been pushed back from December 31, 2025, to January 31, 2026. The parties have also mutually agreed that the completion date for the acquisition will be no later than the newly extended long-stop date of January 31, or a date within 14 days of receiving JTC approval, whichever occurs first. Shares of H2G Green concluded trading unchanged at 1.1 cents on December 29. $(5AI.SI)$

Market SnapshotSingapore stocks opened higher on Tuesday. STI up 0.4%; Nio up 3%; ST Engineering up 1%; ThaiBev down 1%. Stocks in FocusKeppel : Its real estate subsidiary Keppel Management, formerly known as Keppel Land, has terminated the US$800 million multicurrency term note programme it established on Jan 7, 2002, with effect from Monday. The unit added that it does not intend to issue further notes under the programme, Keppel said on Monday. The counter closed 0.1 per cent or S$0.01 higher at S$10.26, before the news.Manulife US Real Estate Investment Trust : (Manulife US Reit): Its indirect subsidiary Hancock S-Reit Sacramento, which held the now-divested property in Sacramento known as Capitol, has been voluntarily wound up and dissolved. The manager said on Tuesday that this does

Market SnapshotSingapore stocks opened higher on Monday. STI up 0.1%; Nio up 4%; ManulifeReit and ST Engineering up 1%.Stocks in FocusKeppel, Keppel Data Centre Real Estate Investment Trust (Keppel DC Reit) : The two entities said on Dec 26 that the authorities have conditionally green-lit a 10-year lease extension for Keppel Data Centre Campus, which is owned by a Keppel-led joint venture (JV). This is part of a deal announced in November 2024 for the Reit to acquire two hyperscale data centres from the JV. Under the deal, the Reit will pay the JV S$350 million upon approval of the lease extension. Keppel shares closed Friday 1 per cent or S$0.10 down at S$10.25, after the news; units of Keppel DC Reit finished the day flat at S$2.21. Frasers Property, Thai Beverage (ThaiBev): Frasers Pro

Singapore stocks jumped this week, with the STI up 1.5%.Meanwhile, Singapore's key consumer price gauge rose 1.2% in November from a year earlier.In terms of individual stocks, Seatrium rose 3.4%; DBS rose 2.5%; Sembcorp and Yangzijiang Shipbuilding rose 2.4%; ST Engineering rose 2.3%; Keppel rose 2.2%; SIA rose 1.6%; SGX rose 1.5%; OCBC rose 1.3%; UOU rose 1.2%.Market NewsSingapore Core Inflation at 1.2% Y/Y in November, Lower Than ExpectedSingapore's key consumer price gauge rose 1.2% in November from a year earlier, official data showed on Tuesday.The core inflation rate, which excludes private road transport and accommodation costs, was lower than the median forecast of 1.3% in a Reuters poll of economists, and matches the 1.2% reading in October.Headline inflation was 1.2% in annual t

Market SnapshotSingapore stocks opened lower on Friday. STI fell 0.13%; Top Glove up over 2%; ThaiBev up over 1%; SATS, SIA up slightly; OUEREIT down over 1%.Stocks in Focus$Sembcorp Industries(U96.SI)$: Sembcorp Green Infra, an Indian unit of Sembcorp Industries, on Friday completed the acquisition of a 100 per cent stake in solar power company ReNew Sun Bright for about S$246 million. ReNew owns and operates a 300 megawatt solar power project in Rajasthan, India. Shares of Sembcorp Industries rose 0.2 per cent or S$0.01 to close at S$6 on Wednesday.$Keppel Reit(K71U.SI)$: The manager of the real estate investment trust (Reit) on Wednesday said a wholly owned Keppel Reit financial unit has obtained

Market SnapshotSingapore stocks opened lower on Tuesday. STI fell 0.13%; OUEREIT, Keppel DC Reit, Frasers Property up around 1%; ThaiBev, YZJ Fin Hldg down over 1%.Stocks in Focus$Manulife US Real Estate Investment Trust(BTOU.SI)$ (Manulife US Reit): The Reit manager posted an update on Wednesday that the master restructuring agreement concessions, which include an extension of its asset disposal deadline and temporary relaxation of its financial covenants from Dec 31, 2025, to Jun 30 next year, have been granted. It grants consent to keep its unencumbered gearing not more than 80 per cent until Jun 30, and to keep interest coverage ratio at no less than 1.5 times until Dec 31 next year. Units of Manulife US Reit ended at US$0.072, US$0.001 or

Market SnapshotSingapore stocks opened flat on Tuesday. IHH up over 4%; YZJ Fin Hldg, Riverstone, ThaiBev up over 1%; Tanlord Land, AvePoint down over 1%; Top Glove down over 2%.Stocks in Focus$CapitaLand Investment(9CI.SI)$ (CLI): Bursa-listed CapitaLand Malaysia Trust (CLMT) has agreed to buy five high-specification industrial facilities in the Johor-Singapore Special Economic Zone for RM220.8 million (S$69.2 million), said CLI on Monday. The acquisition supports CLMT’s strategy to expand its industrial and logistics portfolio with high-quality assets in an established location, said the chief executive of CapitaLand Malaysia Reit Management, a wholly owned subsidiary of CLI that manages CLMT. CLI shares closed 0.7 per cent or S$0.02 down at S

Market SnapshotSingapore stocks opened higher on Monday. STI rose 0.56%; Seatrum, Suntec Reit up over 2%; SIA, DBS, CapLand India T, YZJ Shipbldg SGD up around 1%.Stocks in Focus$Seatrium(5E2.SI)$: Seatrium announced on Monday that it has reached an agreement with a buyer, Maersk Offshore Wind’s affiliate, Phoenix II, for it to pay the balance of its contract price – valued at US$360 million – upon delivery of a vessel. The wind turbine installation vessel involved in the contract will also be delivered by Feb 28, 2026. Shares of Seatrium closed flat at S$2.07 on Friday. $CNMC Goldmine(5TP.SI)$: A Malaysian unit of CNMC was hit with an additional income tax and penalty by the Inland Revenue Board

Singapore shares fell this week, with the STI down 0.36%.In terms of individual stocks, $CityDev(C09.SI)$ rose 8.7%; $SATS(S58.SI)$ rose over 7%; $NTT DC REIT(AIY.SI)$, $Top Glove(BVA.SI)$, $Suntec Reit(T82U.SI)$ rose over 6%; $YZJ Maritime(BYZ.SI)$ down over 7%; $YZJ Fin Hldg(YF8.SI)$, $JMH USD(J36.SI)$ down around 4%.Market NewsCity Developments to Divest Quayside Isle for Over SG$97 Million$C

Market SnapshotSingapore stocks opened higher on Friday. STI rose 0.2%; SIA rose 1%; Singtel rose 0.9%; OCBC, SGX, and Keppel rose 0.5%.Stocks in Focus$Stoneweg Europe Stapled Trust(SET.SI)$ (Sert): The managers of Sert on Friday said that it has entered into an agreement to divest a non-core office property in Italy – Via Amba Aradam Rome – for a consideration of 34 million euros (S$51.4 million). Simon Garing, chief executive officer of the managers, said an “office reconversion strategy” had been explored for the property previously. However, the asset delivered superior value as a hotel redevelopment, supported by its prime central Rome location. Stapled securities of Sert ended Thursday 0.6 per cent or 0.01 euro up at 1.61 euros.