Invest
Smart Reads of the Week: CapitaLand Investment, Singapore Airlines and a Hint of SPACs
By The Smart Investor  •  September 25, 2021
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....
Read the full article
By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance