3 Things You Need To Know About the Singapore Stock Market Today

Welcome to Friday evening! Here are three things about Singapore’s stock market and investing in general that you might want to look at today and over the weekend.

1. Ascendas Real Estate Investment Trust (SGX: A17U) had announced a billion dollar deal earlier today, marking its first venture into Australia with the acquisition of 26 properties in the country. What does this mean for the trust and its investors? I’ve looked at the issue earlier today; check here out for more!

2. Interestingly, Ascendas REIT’s actually purchasing properties from Frasers Centrepoint Ltd (SGX: TQ5). The company has a few updates about its Australia division as well, beyond the deal involving Ascendas REIT. Hit the link for more.

3. Shangri-La Asia Limited (SGX: S07) counts the luxurious and internationally renowned Shangri-La Hotel under its banner. In here, find out more about how the famous hotel came to be and other useful historical information about the company.

For more investing insights and analyses, you can sign up for The Motley Fool's free weekly investing newsletter Take Stock SingaporeIt's FREE, so do check it out here. Also, like us on Facebook to follow our latest news and articles. The Motley Fool's purpose is to help the world invest, better.

The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore contributor Stanley Lim owns shares in Frasers Centerpoint Ltd.