THE Lendlease Global Commercial Reit's (real estate investment trust) initial public offering (IPO) has ended with its public offering 14.5 times subscribed, the Reit's manager announced on Tuesday night.

MAINBOARD-LISTED Tai Sin Electric has entered a subscription agreement for a 40 per cent stake in Indonesian firm PT Elmecon Multikencana for an aggregate consideration of S$500,000, it announced on Tuesday night.

BREADTALK founder George Quek's acquisition of a stake in Taiwan's Pacific Sogo Department Stores will not give him and his business partner management and controlling rights, Sogo holding company Pacific Distribution Investment Company said in a media release on Tuesday night.

EZION Holdings' conditional debt conversion agreement and conditional option agreement with would-be white knight Yinson Holdings have lapsed, the offshore and marine group announced on Tuesday night.

SINGAPORE equities posted one of the region's best showings in a low-liquidity session on Tuesday after Washington eased fears over reports that the Trump administration is planning to institute capital controls on China.

European shares ended a three-day winning streak on Tuesday as investors were gripped by growth worries after poor US manufacturing data fanned fears of slowing growth in the world's largest economy.

Wall Street stocks tumbled on Tuesday as a dismal report on manufacturing exacerbated fears that the slowing US economy could tip into recession.

Source: SGX Masnet, The Business Times, Bloomberg, Channel NewsAsia, Reuters, PSR