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STI
3,378.0
16.9 (0.50%)

 

  • STI Straits Times Index
    3,378.0
    16.9 (0.50%)
     
  • KLCI FTSE Bursa Malaysia KLCI
    1,658.2
    9.3 (0.56%)
    Index delayed 15 minutes
  • HSI Hang Seng Index
    28,765.4
    303.7 (1.07%)
    Index delayed 15 minutes
  • SSE SSE Composite Index
    2,924.2
    23.0 (0.79%)
    Index delayed 15 minutes
  • N225 Nikkei 225
    21,467.0
    420.8 (2.00%)
    Index delayed 20 minutes
  • JCI Jakarta Composite Index
    6,456.5
    53.2 (0.83%)
    Index delayed 10 minutes
  • KOR KOSPI
    2,094.4
    27.8 (1.35%)
    Index delayed 20 minutes
  • XAO XAO
    6,786.2
    50.8 (0.75%)
     

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NYSE Market

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  • Volume: 951.8M
  • Value: 1,059.6M
  • Rise: 198
  • Fall: 120
  • Unch: 520

Intraday Market Ticker Help

Intraday Market Ticker
Time Name Type Price Vol
  • Top Active

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Top Counters
Name Last Change
Libra0.052+0.025
QT Vascular0.006+0.002
Sino Grandness0.050+0.004
SunMoonFood^0.063+0.005
Koh Eco0.058+0.001
G Invacom^0.137+0.005
Genting Sing0.920-
Sen Yue0.038-
Golden Agri-Res0.300-
TEE Intl0.102+0.001

World Indices

World Indices
Name Last Change
Nasdaq 8,146.5 -60.8
HSI 28,765.4 +303.7
HSCEI 10,909.4 +124.9
Jakarta 6,456.5 +53.2
Nikkei 225 21,467.0 +420.8
SSE Comp 2,924.2 +23.0
Shanghai A 3,062.8 +24.1
Shanghai B 290.0 +1.3
ShenZhen A 1,631.7 +12.2
ShenZhen B 972.3 +3.6
Taiwan W 10,873.2 +73.9
PSE Comp 0.0
KOSPI 2,094.4 +27.8

Asian Indices delayed. US Indices updated twice daily at 7:30am and 7:30pm.

News - Detailed News Story

Kep-KBS Reit USD

Stock Chart
Last Done 0.810
Change - (-)
Volume 1,328.2
Range 0.800 - 0.810

ManulifeReit USD

Stock Chart
Last Done 0.885
Change - (-)
Volume 779.5
Range 0.875 - 0.885

Keppel Corp

Stock Chart
Last Done 6.570
Change -0.020 (-0.30%)
Volume 6,542.2
Range 6.500 - 6.610

SPH

Stock Chart
Last Done 2.280
Change - (-)
Volume 6,977
Range 2.260 - 2.290

Prime US ReitUSD

Stock Chart
Last Done 0.880
Change - (-)
Volume 10,723.8
Range 0.865 - 0.880

Prime US Reit is listing now because 'conditions have stabilised'

10 Jul 2019 09:00

By Lee Meixian

THE MANAGER of Prime US Reit is choosing to list the Reit now, after a long delay from earlier attempts last year, because market conditions have somewhat stabilised, said Barbara Cambon, chief executive officer and chief investment officer of the manager.

The third US office Reit to list here if successful - following in the footsteps of predecessors Manulife US Reit and Keppel-KBS US Reit - Prime US Reit has been priced unchanged from its initial guidance at US$0.88 per unit, representing a distribution yield of 7.4 per cent in 2019, and 7.6 per cent in 2020.

"The interest rate market has changed a lot, the tax concerns which were an overhang last fall have really been resolved, and I think in general the trade headwinds aren't quite as bad as they were before," she said.

On the reduced offering size from US$705 million to US$612 million, Ms Cambon said: "In looking at all the lessons learnt as we have gone through this process, we also learned we need to right-size our offering for this market... I think all the lessons that we've learnt from watching our predecessors have been very instructive to us about how we're positioning and pricing (the initial public offering)."


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Source: Business Times
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