Singapore opened this morning as a hot spot.
The Singapore stock market opened up 7.84 points, or 0.25%, today (June 15).
GIC and Equinix inject $3.9 billion to expand data center portfolio
The proposal for the acquisition of Xianghe Technology has become unconditional.
You can follow the stock:$Stanford Land (H07.SG) $,$REX International (5WH.SG) $,Singapore Exchange (S68.SG) $,$Marco Polo Marine (5LY.SG) $,$Xianghe Technology (C50.SG) $,$Xinye Technology (S69.SG) $
-Moomoo News Team
Opening snapshot
The Singapore stock market opened slightly higher today (June 15).
As of 9: 09 a.m.$FTSE Singapore Strait Index (.STI.SG) $It rose 7.84 points, or 0.25%, to 3160.98 points. The total trading volume was 200 million shares, with a total trading value of 92.35 million yuan, including 39.03 million rising stocks and 44 declining stocks.
Today's hot spot
GIC and Equinix inject $3.9 billion to expand data center portfolio
Singapore government company (GIC) and US data center service company Equinix signed an additional joint venture agreement to jointly inject US $3.9 billion (S $5,187 million) to expand the data center portfolio.
Equinix said in a statement on its website today that the two sides signed the contract through a limited liability partnership ((Limited Liability Partnership)).
Upon completion of the deal, the data center portfolio will expand to more than $6.9 billion. The 32 data centers around the world can provide more than 600 megawatts of capacity when completed.
The joint venture project is expected to be completed within this year. GIC will hold an 80 per cent stake in the joint venture, with the rest going to Equinix.
The proposal for the acquisition of Xianghe Technology has become unconditional.
Xianghe Technology (Cheung Woh Technologies) 's voluntary conditional acquisition offer became unconditional, as of 05:30 in the evening on July 6th.
After the closing of the market today, the company disclosed that as of 6: 00 p.m. Monday, it had discussed the acquisition of a 90.15% stake in the company with related parties, and met the conditions for compulsory acquisition and delisting of the company.
Woh Seng Holdings Private Co., Ltd., which is made up of Xianghe Technology directors, offered a voluntary conditional acquisition proposal last month to buy other shares it does not yet own at 0.285 yuan per share.
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Source: Lianhe Zaobao