Daily BriefsSingapore

Daily Brief Singapore: SGX Rubber Future TSR20, Suntec REIT, COSCO SHIPPING International (Singapore) and more

In today’s briefing:

  • Rubber Board Says Q1 FY25 Production Near Stable But ATMA Disputes
  • S-REIT Ebb & Flow: From Q3 Gains to Recent Declines
  • kopi-C with COSCO SHIPPING International (Singapore)’s Chairman and President: ‘Success comes to those who are prepared’


Rubber Board Says Q1 FY25 Production Near Stable But ATMA Disputes

By Vinod Nedumudy

  • Consumption declines by .3% to 356,000 tons in Q1 FY 25
  • ATMA says April-Sept 2024 production 37% lower year on year
  • ATMA asks Rubber Board to expedite data publishing

S-REIT Ebb & Flow: From Q3 Gains to Recent Declines

By Geoff Howie

  • Over the past 4 weeks, the iEdge S-REIT Index declined 2.1% after a rally anticipating the 50 bps rate cut on Sep 18, with a total 3Q24 gain of 17.5%.
  • The S-REIT Sector is now among the top four Singapore stock sectors for net institutional inflows since June 30.
  • Mapletree Logistics Trust has seen the fifth highest net institutional inflow within the Sector, while Suntec REIT, Keppel DC REIT and Acrophyte Hospitality Trust make up the five trusts with the highest 2H24 to Oct 15 net institutional inflow.

kopi-C with COSCO SHIPPING International (Singapore)’s Chairman and President: ‘Success comes to those who are prepared’

By Geoff Howie

  • Integrated logistics company COSCO SHIPPING International (Singapore) is combining acquisitions and other investments with a focus on digitalisation and sustainability to grow.
  • Since 2018, the company has invested significantly, including acquiring logistics company Cogent Holdings, to shift its main business from ship building, ship repairing and marine engineering to integrated logistics.
  • COSCO SHIPPING International (Singapore) Co., Ltd. aims to become the best integrated logistics service provider in South and Southeast Asia.

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