13 Feb 2026

Khazanah Nasional, Malaysia's sovereign wealth fund, reported higher operating profits in 2025, with a 5.2% investment return, despite global trade and geopolitical uncertainties. Operating profits rose to 5.6 billion ringgit (USD 1.43 billion) and net assets reached 105 billion ringgit, while dividends to the government doubled. The fund, a key shareholder in Malaysia's major companies, plans to strengthen the power sector, support local semiconductor firms, and develop downstream rare earth activities. Its strategy focuses on risk diversification, sustainable growth, and long-term development of critical industries.Read more

12 Feb 2026

Boustead Singapore has secured approval to list UI Boustead REIT on the Singapore Exchange, planning to divest 15 properties, including major industrial sites and notable headquarters like Razer SEA and Rolls-Royce Solutions Asia. The sale is expected to bring in SGD 218.7 million (USD 172.78 million), with an additional SGD 40 million from bonds. The REIT will hold 23 properties valued at SGD 1.90 billion. Boustead will reinvest part of the proceeds to take a 16.9% stake, with the remaining funds for costs. The IPO premarketing has begun.Read more

12 Feb 2026

Guangdong Land Holdings Ltd announced that it has secured an uncommitted revolving loan facility with a principal amount of HKD500 million from a bank, aimed at supporting its financing needs. This move follows similar facilities the company has arranged in past years, including a previous HKD500 million revolving loan that was fully repaid earlier. Under the current arrangement, the company has agreed to certain covenants with the lender to remain a subsidiary of its controlling shareholder. The facility provides flexibility for general working capital and refinancing of existing debts without a fixed drawdown requirement.Read more

12 Feb 2026

Madinet Masr for Housing and Development has signed an MoU with Al Shorouk Construction worth EGP 4.8 bln to advance residential construction at the Elan phase of its Sarai project. The agreement outlines the execution of key residential works, with completion targeted by the end of 2027. Sarai is one of the company's major township developments and remains central to its residential strategy. The move follows Madinet Masr's ongoing efforts to accelerate project execution through partnerships with established contractors.Read more

12 Feb 2026

China Railway Construction Corporation (CRCC) has recently won multiple project bids totaling 45.1 billion yuan (USD 6.52 billion). The projects span various infrastructure developments, strengthening the company's position in China's construction sector. This follows CRCC's consistent track record of securing large-scale contracts, reflecting the ongoing demand for infrastructure expansion in China. Industry observers note that the company's strategic focus on rail and urban development projects has helped it maintain a leading market share. The new contracts are expected to significantly contribute to CRCC's revenue over the next few years.Read more

12 Feb 2026

Larsen and Toubro (L&T) has won a major contract for transport infrastructure development in Dubai, marking another international milestone for the company. The project involves Phase-1 of a road upgrade on Latifa Bint Hamdan Street, improving the corridor between Emirates Road (E611) and Sheikh Mohammed Bin Zayed Road (E311). The work will expand the current two-lane dual carriageway into a four-lane dual carriageway in each direction, aiming to enhance traffic flow and network capacity. The Transportation Infrastructure division will execute the project, scheduled to be completed over 36 months.Read more

12 Feb 2026

A federal judge has rejected Compass's attempt to force Zillow to list more homes on its platform, ruling that Compass is unlikely to prove antitrust violations. Compass had accused Zillow of creating a monopoly by restricting home listings and colluding with Redfin. The court found no direct evidence of an agreement and concluded Zillow's market influence does not prevent buyers from using other platforms. Zillow called the decision a clear victory, while Compass confirmed it would continue pursuing its legal claims.Read more

12 Feb 2026

Saudi Arabia has announced a major investment package in Syria, signaling strong support for the country's new leadership under President Ahmed al-Sharaa. The package includes $2 billion for airport development in Aleppo, a joint venture airline with flynas, and nearly $800 million for telecommunications infrastructure. Additional cooperation covers energy and water projects. This comes after U.S. sanctions on Syria were lifted, allowing Riyadh to increase engagement. Analysts note the investments are part of a broader effort to rebuild Syria's economy after years of conflict.Read more

12 Feb 2026

China's decision to establish a legal framework for real-world asset (RWA) tokenisation has spurred investor interest in related stocks across the mainland and Hong Kong. The move allows offshore issuance of tokens backed by Chinese onshore assets, shifting the sector from a previously grey area to a more regulated environment. Brokerage firms note this change will encourage compliance-driven growth, benefiting investment banks and tech companies with blockchain expertise. Following the announcement, shares of several companies involved in RWA tokenisation and cryptology services recorded notable gains, reflecting market optimism.Read more

12 Feb 2026

UI Boustead Real Estate Investment Trust has initiated premarketing for its initial public offering on the Singapore Exchange. The REIT, which primarily invests in logistics and industrial properties in Singapore, plans to use the funds for property acquisitions, covering transaction costs, partial repayment of loans, and supporting working capital. Investor education has commenced, while specifics like the offer size and lock-up period are still under finalisation. Citigroup C.N has been appointed as joint global coordinator and joint bookrunner for the offering, signaling a structured approach to the IPO launch.Read more