PRE-MARKET SINGAPORE STOCKS NEWS: CapitaLand Investment and IOI Properties Group have entered exclusive due diligence for the acquisition of One Raffles Place after submitting a 50-50 joint bid to OUE REIT and UOB
The brief reports an exclusive due-diligence stage for a joint One Raffles Place bid, a planned Singapore Airlines–Air India code-share expansion, and Nasdaq underperformance amid AI-related pressure.
News detail
CapitaLand Investment (CLI SP) - Co. and IOI Properties Group have entered exclusive due diligence for the acquisition of One Raffles Place after submitting a 50-50 joint bid to OUE REIT (OUEREIT SP) and UOB (UOB SP). (Business Times) Singapore Airlines (SIA SP) - Co. and Air India will expand their code-share partnership to include 126 weekly flights between Singapore and eight Indian cities, alongside enhanced frequent-flyer benefits. (Business Times) Tech - Nasdaq underperformed during the US session with tech pressured on AI woes.
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