In today’s briefing:
- Malaysia’s EPF lifts its AEM stake, crossing 10% level
- REIT Watch – 10 S-REITs buck the trend despite REITs lagging in June
- Cocoon Capital invests in AI-powered construction planning simulation platform Frontline
Malaysia’s EPF lifts its AEM stake, crossing 10% level
- Share buybacks by primary listed companies 23 – 29 Jun 2023 As at Jun 28, the three SDR collectively garnered close to S$0.2 million retail net inflows, with largest net buys in Airports of Thailand.
- His preceding acquisitions were on Jun 6 and 5, with 17,000 shares and 6,800 shares acquired respectively, at S$0.96 per share.
REIT Watch – 10 S-REITs buck the trend despite REITs lagging in June
- 10 S-Reits buck the trend despite Reits lagging in June The month of June (till Jun 28, 2023) saw the iEdge S-Reit index record flattish performance at 0.3 per cent total returns for the month, improving from the 3.0 per cent declines in May.
- The 10 best performing S-Reits for the month of June (till Jun 28, 2023) averaged over 7 per cent in total returns.
Cocoon Capital invests in AI-powered construction planning simulation platform Frontline
- Singapore-based construction planning simulation and optimisation startup Frontline Industrial Software has raised US$700,000 in a seed funding round led by Cocoon Capital.
- Frontline, founded by Luis Martinez and Ruiqi Ding, enables construction companies, operators and contractors to quickly identify best-in-class construction plans with optimal activity sequencing and resource allocation.
- The software uses Artificial Intelligence to identify the most efficient and cost-effective construction plans for complex infrastructure, civil, energy, industrial and residential projects.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
