It’s been an eventful week for many well-known blue-chip names.
First off, CapitaLand Investment (SGX: 9CI) made its debut on the exchange, a spin-off from property giant CapitaLand Group.
Shares of the real estate investment management business (REIM), which closed at S$2.95 on its first trading day, have since climbed 15% to close at S$3.40.
The REIM business model could see renewed interest in a familiar name as the new entity gears itself up for growth in 2022 and beyond.
We also took a look at Singapore Airlines Limited (SGX: C6L) which announced that it had used up the remaining S$600 million from its 2020 rights issue.
The successful launch of vaccinated travel lanes, or VTL, should come as a breath of fresh air for the airline.
Meanwhile, Singapore Exchange Limited (SGX: S68) may soon be welcoming its first special purpose acquisition company, or SPAC, after firming up a listing framework for the blank-cheque companies....