Singapore’s REIT sector heads into January 2026 with investors seeking clarity on their future. In particular, there are three Straits Times Index (SGX: ^STI) REITs that are set to release earnings updates that could signal turning points in their respective growth trajectories. From a logistics REIT showing signs of stabilisation in a challenging China market, to an industrial REIT navigating North American headwinds, to a data centre specialist riding acquisition-driven momentum, each offers distinct cata ...

By Xinghui Kok and Claire Fu SINGAPORE, Dec 19 (Reuters) - A growing number of Chinese companies are looking to domicile in Singapore, betting a move to the trade-focused city-state would reduce risks their operations get disrupted by Sino-U.S. geopolitical tensions. The trend, billed as "Singapore washing" by some analysts, started gaining traction near the end of U.S. President Donald Trump's first ​presidency and has since accelerated, spreading to various sectors from critical minerals to tech and bi ...

Group 1 - The company is evolving its business model to focus on acquiring and operating AI-driven software and network infrastructure companies in Southeast Asia, Europe, and North America [1] - Society Pass aims to invest in and acquire equity stakes in data center and telecom operators to strengthen its market position in the next generation e-commerce ecosystem in Southeast Asia [1] - The CEO highlighted the successful listing of NusaTrip Incorporated, which was acquired for under US$5 million and recently listed on Nasdaq with a market capitalization exceeding US$70 million, showcasing the company's ability to create shareholder value [2] Group 2 - Society Pass was founded in 2018 and operates in fast-growing markets such as Vietnam, Indonesia, Philippines, Singapore, and Thailand, which together represent over 80% of the Southeast Asian population [3] - The company operates three interconnected verticals: digital media, travel, and lifestyle, leveraging technology to enhance customer experience and transform the retail value chain in Southeast Asia [3] - Society Pass completed its initial public offering in November 2021 and began trading on Nasdaq under the ticker SOPA [4]

Market Overview - The RBA has kept interest rates on hold, aligning with market expectations [1] - The market initially spiked upwards but reverted to a flat red day within 11 minutes [2] Sector Performance - Real Estate sector led the market after the RBA call, while staples performed poorly [5] - IT and energy sectors were among the laggards [5] Company Highlights - Race Oncology shares rose above the price of a recent $3 million placement, indicating positive shareholder sentiment ahead of a lung cancer trial [5] - Elvira Lithium increased by 5%, reflecting ongoing enthusiasm for lithium stocks in the post-COVID era [6] - Goodman Group saw a slight increase of 0.3%, while Stockland and Charter Hall Group also experienced gains [6] - NextDC shares fell nearly 3% as profit-taking occurred following a cooled-off deal with OpenAI [6] - Commonwealth Bank dipped by 0.75%, while Westpac also declined, and ANZ remained flat; NAB had a better performance, up nearly 1% [7] - BHP Group decreased by 0.5%, likely due to a drop in SGX iron ore futures to US$101 per tonne [7]

Core Insights - Nebius, a Netherlands-based data centre operator, is leveraging significant contracts with Microsoft and Meta to expand its business with traditional firms and emerging AI companies [1][2] - The company has seen its stock price increase by 248% this year, with a market capitalization exceeding $25 billion, driven by a $17 billion deal with Microsoft and a $3 billion partnership with Meta [2] - Nebius aims to prepare for potential market downturns by focusing on high-margin services and establishing long-term client relationships [3][4] Company Strategy - Nebius is positioning itself as a consolidator in the data centre market, anticipating challenges during technological revolutions [4] - The company is targeting legacy enterprises across various sectors, including manufacturing, retail, and banking, with a particular focus on pharmaceutical firms and hedge funds [5] - Nebius prioritizes margins over revenue in its negotiations with hyperscalers, indicating a strategic approach to financing its operations [8] Market Position - Nebius is recognized as Europe's largest 'neocloud' firm, providing access to essential graphics processing units (GPUs) for AI applications [5][6] - The company has a significant presence in the U.S. market, with plans to secure 2.5 gigawatts of contracted power by the end of 2026 to meet customer demand [7] - Capacity sold to European neocloud providers increased by 211% to 414 megawatts in the first nine months of 2025 compared to the previous year, highlighting strong growth in the sector [7]

Market Overview - The XJO index remains up 10% year-to-date, despite fluctuations around the 9,000 points level, with a recent climb attributed to a strong performance in the real estate sector following weak jobs data [1] - Speculation of a potential RBA rate cut in November is influencing investor sentiment, although inflation concerns were also highlighted by the RBA [2] Sector Performance - The private data centre sector saw a significant $70 billion deal, contributing to positive market sentiment, particularly benefiting Goodman Group, which experienced a more than 3% increase [2] - Rare earth stocks saw a surge earlier in the week but experienced a pullback as traders took profits, indicating a volatile trading environment [3] Company Highlights - Meeka Metals reported higher-than-expected gold production for the September quarter and discovered gold in a new drilling area, leading to a rise in its stock price [4] - Bougainville Copper continued to gain momentum following a positive quarterly production update, with recent legal challenges potentially resolved [4] - FireFly Metals also saw gains due to favorable drilling results in its copper-gold project in Canada [5] Declining Stocks - American Rare Earths experienced a decline as the excitement from recent critical mineral news from China faded, prompting traders to cash in [5] - Iluka Resources faced a pullback, but the decline was less severe due to its ongoing production activities [6] - Dateline Resources also fell back, reflecting volatility linked to its previous mention by a high-profile figure [6]

Core Insights - EdgeMode has signed a strategic agreement with Colliers International to advance the development of an AI-ready data centre in Marviken, Sweden [2][3][4] - The project will cover a 20,000 m² site with an initial power capacity of 20MW, expected to scale to 95MW by the end of 2026 [3][4] - Colliers will serve as the sole advisor and strategic partner, focusing on tenant engagement, funding solutions, and marketing strategies [4][5] Company Overview - EdgeMode is a global digital infrastructure and AI colocation company, specializing in AI-optimized colocation and compute facilities [7] - The company aims to provide high-performance computing access to enterprises and partners through advanced infrastructure [7] Industry Context - The partnership reflects the increasing demand for AI-optimized data centre infrastructure as enterprises and cloud providers seek scalable and sustainable facilities [6]

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2][3] - The news team covers key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - Proactive focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [2][3] Group 2 - The team delivers news and insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] - Proactive adopts technology to enhance workflows and improve content production [4][5] - All content published by Proactive is edited and authored by humans, ensuring adherence to best practices in content production and search engine optimization [5]

Core Insights - Uniserve Communications Corporation has entered into a lease for a new data center in Vancouver, which is part of its national expansion strategy [1][4] - The new facility will occupy 10,000 square feet and is designed to support next-generation AI workloads and high-density computing [2][5] - The landlord is providing $1,000,000 in lease inducement and a $1,000,000 forgivable loan in exchange for warrants convertible into common shares [3] Strategic Significance - The new facility will have an initial capacity of 2MW, positioning Uniserve as a key player in the Canadian AI infrastructure market [5][7] - The transaction is considered a related party transaction but is exempt from formal valuation and minority shareholder approval due to its market capitalization [6] - The company is evaluating additional projects in major Canadian markets to further expand its data center capabilities [4][7] Financial Implications - The combined landlord incentives of $2 million are expected to strengthen Uniserve's balance sheet and support its growth trajectory [7] - The facility is anticipated to benefit from long-term growth trends driven by accelerating AI adoption and digital transformation [7] Company Overview - Uniserve provides a full suite of IT solutions, including Data Centre Solutions, Managed IT Services, and Business Internet, ensuring maximum uptime and scalability for its clients [8]

Company Overview - HRC World Plc is a UK public company listed on Nasdaq First North Copenhagen, engaged in the development and operation of data centre facilities, offering end-to-end services including Engineering, Procurement, Construction, Commissioning (EPCC), and full Operations & Maintenance (O&M) services [32] - The company focuses on small to medium-scale distributed data centres and is committed to sustainable innovation, developing renewable energy solutions such as solar, hydroelectric, wind, biogas, and exploring emerging technologies like nano-nuclear reactors [32] Annual General Meeting (AGM) Details - The AGM is scheduled for 30 September 2025 at 10:30 am (UK time) / 5:30 pm (Malaysia time) at Suite 2B-25-2, 25th Floor, Block 2B, Plaza Sentral, Jalan Stesen 5, Kuala Lumpur, Malaysia [1][2] - Shareholders are encouraged to complete and return the enclosed proxy form to ensure their voting intentions are considered, even if they cannot attend the meeting [3][9] Resolutions to be Proposed - Resolutions include the adoption of the Company's Annual Report and Accounts for the financial year ended 31 March 2025, re-appointment of directors, and the appointment of auditors [4][10] - Resolution 7 seeks authority to allot shares, reflecting the Association of British Insurers' recommendations for companies to seek annual authority to allot up to one-third of their issued share capital [6] - Resolution 8 proposes a waiver of pre-emption rights for up to 20% of shares currently in issue for cash, allowing flexibility in share issuance [7] - Resolution 9 seeks authority to purchase up to 15,000,000 ordinary shares, representing approximately 10% of the Company's issued share capital [8] Voting Procedures - Resolutions 1 to 7 are ordinary resolutions requiring a simple majority, while Resolutions 8 and 9 are special resolutions requiring 75% approval [5] - Shareholders can vote in person or by proxy, with specific instructions provided for proxy appointments [20][21]