RETAIL landlord SPH Reit has established a S$1 billion multicurrency debt issuance programme, with part of the proceeds to be potentially used for a possible acquisition.
Singapore stocks edged up as trading resumed on Monday afternoon, with the Straits Times Index advancing 0.18 per cent or 5.72 points to 3,235.15 as at 1.02pm.
Units in Frasers Centrepoint Trust (FCT) have already surged more than 26% so far this year. But market watchers remain bullish on the retail REIT as it stands on the cusp of a re-rating.
