Market View: Singapore’s headline inflation rose to 3.4% yoy in Feb; Sabana Industrial REIT establishes internalisation committee; Cordlife tabling seven ordinary resolutions at general meeting; Best

Singapore stocks were trading muted this morning, following subdued performances in global markets.   In early trade, the Straits Times Index (STI) fell 0.01 per cent to 3,217.52 points after 92.9 million securities changed hands in the broader market.  In terms of companies to watch, we have Sabana Industrial Real Estate Investment Trust, after the Reit’s trustee established an internalisation committee including several employees from activist investor Quarz Capital.  Meanwhile, from Cordlife tabling seven ordinary resolutions at its next general meeting to Best World announcing its intention to delist from the Singapore Exchange, more corporate headlines remain in focus.  Also on deck – how Swiftonomics boosted card billings at UOB by 35 per cent on the week during Taylor Swift’s The Eras Tour here in Singapore.  On Market View, The Evening Runway’s finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.See omnystudio.com/listener for privacy information.