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Daily Debrief: What Happened Today

Stories you might have missed
Monday, October 10, 2016 - 18:30
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SINGAPORE prosecutors have slapped seven charges each on two ex-BSI senior private bankers Yak Yew Chee and Yvonne Seah Yew Foong in the massive probe into Malaysia's 1MDB case.

PM Lee launches Singapore's new cybersecurity strategy

Singapore Prime Minister Lee Hsien Loong said on Monday that the government will work with key stakeholders, including private sector operators and the cybersecurity community, to strengthen the resilience of Critical Information Infrastructure (CII) that supports Singapore's essential services.


Two ex-BSI Singapore employees charged with criminal offences

Singapore prosecutors have slapped seven charges each on two ex-BSI senior private bankers Yak Yew Chee and Yvonne Seah Yew Foong in the massive probe into Malaysia's 1MDB case.


Noble Group sells US energy unit to Calpine for US$1.05b

Noble Group has agreed to sell a US energy unit to Calpine Corp as the commodity trader that's backed by China's sovereign-wealth fund seeks to raise cash and boost liquidity.


FCL to pump S$520m into Thai industrial property developer

Property group Frasers Centrepoint Limited (FCL) has inked a conditional deal for its unit to invest 13.23 billion baht or about S$520 million in Thailand-listed industrial property developer Ticon Industrial Connection, it said in a Singapore Exchange filing on Monday morning.


Singapore's Fullerton Healthcare IPO prices at low end, raises S$213m: IFR

The IPO was priced at S$1.52 a share compared with the indicative range of S$1.52-$1.93, the sources said, declining to be identified as the pricing was not public.


The STI Today

Singapore stocks close flat, pennies enjoy hectic churning

The main feature of Monday's session was hectic churning of penny stocks such as Noble Group, Cedar Strategic, SunMoon and Ezra that propelled unit turnover to 2.2 billion units, estimated to be the highest in three months.

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