Market View: Singapore’s headline inflation rose to 3.4% yoy in Feb; Sabana Industrial REIT establishes internalisation committee; Cordlife tabling seven ordinary resolutions at general meeting; Best World to delist from SGX; Taylor Swift vs UOB card billings; China to treat foreign companies like domestic peers; Japan’s ambition to become a major financial hub

Your Way Home with Hongbin Jeong · Mar 25, 2024 · 16m

Singapore stocks were trading muted this morning, following subdued performances in global markets. In early trade, the Straits Times Index (STI) fell 0.01 per cent to 3,217.52 points after 92.9 million securities changed hands in the broader market. In terms of companies to watch, we have Sabana Industrial Real Estate Investment Trust, after the Reit’s trustee established an internalisation committee including several employees from activist investor Quarz Capital. Meanwhile, from Cordlife tabling seven ordinary resolutions at its next general meeting to Best World announcing its intention…