Headlines

PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: CapitaLand (CAPL SP) is to acquire Access Self-Storage for GBP 1bln

Newsquawk Staff ·

TAIWAN

Formosa Petrochemical (6505 TT) - Co. and CPC Corp announced to raise gasoline and diesel prices by TWD 1.8 and TWD 1.4 per litre, respectively. (Taipei Times)

Other News - Taiwan has budgeted TWD 44.2bln (USD 1.38bln) over the next five years to cultivate its uncrewed aerial vehicle industry as it aims to become a major UAV player. (Taipei Times)

Data Recap

Taiwan Export Orders YY (Feb) 23.8% (Prev. 60.1%)

SINGAPORE

CapitaLand (CAPL SP) - Co. is to acquire Access Self-Storage for GBP 1bln. (The Times)

OCBC (O39 SP) - Co.'s SGD 71.6mln claim over a capsized oil rig failed at Singapore's highest court after a five-year legal battle. (Straits Times)

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