Posts by Liam Redmond
Volare triggers mandatory offer for Alpha Integrated Reit following acquisition of ESR stake
Volare and its concert parties now control 41.27% of the total issued units by AI-Reit, formerly known as Sabana Reit [SINGAPORE] Mindarie Investment, a wholly owned subsidiary of Swiss-based Volare Group, on Tuesday (Dec 23) launched a mandatory conditional cash offer for all issued and outstanding units of Alpha Integrated Real Estate Investment Trust (AI-Reit)…
Read MoreMandatory offer for Alpha Integrated Reit at S$0.48 each following acquisition of ESR stake
Volare and its concert parties now control 41.27% of the total issued units by AI-Reit, formerly known as Sabana Reit [SINGAPORE] Mindarie Investment, a wholly owned subsidiary of Swiss-based Volare Group, on Tuesday (Dec 23) launched a mandatory conditional cash offer for all issued and outstanding units of Alpha Integrated Real Estate Investment Trust (AI-Reit)…
Read MoreThe rise of antisemitic violence in NYC: Letters to the Editor — Dec. 23, 2025
The Issue: A rise in violence against Jewish New Yorkers amid a growing acceptance of antisemitism. As of January 2026, we will have a mayor who appears to be a wolf in sheep’s clothing when it comes to the welfare of Jews who live in this city (“Violence sheds its Gaza veil,” Editorial, Dec. 18).…
Read MoreStocks to watch: CapitaLand Investment, Ever Glory United, Alpha Integrated Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 23): CapitaLand Investment (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…
Read MoreChinese airlines see hopes dim for profit return with Japan spat
China’s “Big Three” have racked up combined losses of 206.4 billion yuan (S$37.7 billion) from 2020 to 2024 THE standoff between China and Japan threatens to exacerbate a seasonally weak period for Chinese airlines and make it harder for them to post their first annual profit in six years. Tensions between Beijing and Tokyo have…
Read MoreCitigroup to boost Japan investment banking team on deal boom
Other banks are strengthening their investment banking operations in Japan as well CITIGROUP will further increase its investment banking team in Japan to capitalise on a record-breaking boom in mergers and acquisitions that it expects to reach new heights. The US bank plans to expand the division about 30 per cent by the first half…
Read MoreWarner Bros. Discovery to review Larry Ellison’s offer to guarantee Paramount Skydance’s $78B takeover bid: sources
Warner Bros. Discovery’s board will review an offer from tech tycoon Larry Ellison to personally guarantee Paramount Skydance’s $78 billion hostile takeover bid – adding a fresh twist to a bidding war that has most recently favored Netflix, On The Money has learned. Bankers involved in the decision say the board’s review is expected given…
Read MoreOil loading in Venezuela slows, more ships make U-turns after new US interceptions
TANKER loading in Venezuela dwindled on Monday, with most ships moving oil cargoes only between domestic ports following US action against two more ships and as state-run energy company PDVSA struggles to recover from a cyberattack, according to tracking data and sources. The US Coast Guard this month seized a supertanker under sanctions carrying Venezuelan…
Read MoreDK Metcalf suspended by NFL for taking swing at Lions fan
The NFL is coming down on DK Metcalf for his physical altercation with a Lions fan during the Steelers’ 29-24 win on Sunday. The league will suspend Metcalf for two games without pay for the incident, which it deemed “conduct detrimental to the NFL.” In a statement, the NFL said that Metcalf violated league policy,…
Read MoreUS freezes five big offshore wind projects, shares dive
THE Trump administration suspended leases on Monday for five large offshore wind projects that are under construction off the US East Coast over what it called national security concerns, sending shares of offshore wind companies plunging. The suspension was the latest blow for offshore wind developers that have faced repeated disruptions to their multi-billion-dollar projects under US President Donald Trump, who…
Read MoreUS stocks push higher while gold, silver notch fresh records
WALL Street stocks pushed higher on Monday to begin a holiday-shortened trading week, while oil prices rallied amid worsening tensions between the United States and Venezuela. Gold and silver also struck fresh record highs, as the United States pushed on with its Venezuela oil blockade. US market watchers are expecting a low-key week, with equity markets closing…
Read MoreOil settles higher on risk of disruptions to Venezuela, Russia supply
[NEW YORK] Oil prices settled higher on Monday after the US Coast Guard tried to intercept an oil tanker in international waters near Venezuela a day earlier, and Ukraine damaged two vessels and piers in Russia, raising the risk of oil supply disruptions. Brent crude futures gained US$1.60, or 2.7 per cent, to settle at US$62.07 a barrel, while US West…
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