3rd Jan sti and Asia update summary
Daily Market Summary 3rd Jan 2023*
$Straits Times Index(STI.SI)$
Vicom enters into solar power purchase agreements worth $2.07 mil
Japfa’s unit lists on Hong Kong Exchange; share offerings oversubscribed
Rex International's subsidiary to purchase entire issued share capital of Moroxite T in IPT
LHT Holdings obtains option to purchase property at 6 Tuas South Street 10 for $3.9 mil
APTT receives majority lenders' approval for refinancing of its offshore facilities
Manulife US Reit gearing a whisker shy of 50% regulatory limit after asset valuation decline
EC World Real Estate Investment Trust assured that the Reit’s existing bank loans are expected to be repaid or refinanced before they become due for repayment. In response to queries from the Singapore Exchange
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Gold held steady but was headed for a second straight yearly loss as aggressive rate hikes by the US Federal Reserve dented the non-yielding bullion’s appeal; Oil drops on China uncertainty; US demand limits decline $ETFS Physical Gold(GOLD.AU)$
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