To The Moon

CapitaLand China Trust (CLCT) will be divesting CapitaMall Yuhuating to its new China-listed REIT (C-REIT), CapitaLand Commercial C-REIT (CLCR), for at least RMB748 million ($134.9 million), says CLCT’s manager in a June 12 statement. The amount will be finalised after the initial public offering (IPO) units are priced and subjected to prevailing market conditions and investor sentiments. As such, CapitaMall Yuhuating may be sold to CLCR at a price higher than the floor price, the manager adds. $CapLand China T(AU8U.SI)$

StarHub and Trends and Technologies have signed a Memorandum of Understanding to provide businesses in Philippines with digital solutions and services, according to a company release on Monday.Through the partnership, both companies will deliver innovation through a go-to-market strategy, which includes jointly developed bundled offerings, sales and marketing efforts.Moreover, more secure, resilient and scalable solutions will be offered through Trends' cybersecurity expertise.

CapitaLand China Trust (CLCT) will be divesting CapitaMall Yuhuating to its new China-listed REIT (C-REIT), CapitaLand Commercial C-REIT (CLCR), for at least RMB748 million ($134.9 million), says CLCT’s manager in a June 12 statement. The amount will be finalised after the initial public offering (IPO) units are priced and subjected to prevailing market conditions and investor sentiments. As such, CapitaMall Yuhuating may be sold to CLCR at a price higher than the floor price, the manager adds. $CapLand China T(AU8U.SI)$

CapitaLand China Trust (CLCT) will be divesting CapitaMall Yuhuating to its new China-listed REIT (C-REIT), CapitaLand Commercial C-REIT (CLCR), for at least RMB748 million ($134.9 million), says CLCT’s manager in a June 12 statement. The amount will be finalised after the initial public offering (IPO) units are priced and subjected to prevailing market conditions and investor sentiments. As such, CapitaMall Yuhuating may be sold to CLCR at a price higher than the floor price, the manager adds. $CapLand China T(AU8U.SI)$

CapitaLand China Trust (CLCT) will be divesting CapitaMall Yuhuating to its new China-listed REIT (C-REIT), CapitaLand Commercial C-REIT (CLCR), for at least RMB748 million ($134.9 million), says CLCT

CDL besides unlocking significant value and delivering accretion to net asset value, Citi expects a higher pace of asset monetization. This could lead to lower net gearing and higher dividends, which are key share-price catalysts. Citi maintains the stock's buy rating and target price of S$9.51 At the end of the day, the group needs to "work hard" to close the gap between its share price and its RNAV of $19.68 , which goes back to executing its strategy well, says Kwek. $DBS Group Holdings(D05.SI)$ $BABA-W(09988)$ $MIXUE GROUP(02097)$ $MEITUAN-W(03690)$

CDL besides unlocking significant value and delivering accretion to net asset value, Citi expects a higher pace of asset monetization. This could lead to lower net gearing and higher dividends, which are key share-price catalysts. Citi maintains the stock's buy rating and target price of S$9.51 At the end of the day, the group needs to "work hard" to close the gap between its share price and its RNAV of $19.68 , which goes back to executing its strategy well, says Kwek. $DBS Group Holdings(D05.SI)$ $BABA-W(09988)$ $MIXUE GROUP(02097)$ $MEITUAN-W(03690)$