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Daily Debrief: What Happened Today
The Committee for Private Education (CPE) has introduced a series of measures for private schools in Singapore to abide by, in an effort to strengthen student protection and boost information transparency.
City Developments Limited (CDL), through its wholly owned subsidiary Sunmaster Holdings, has entered into an agreement to exit its entire interest in Summervale Properties, which owns Nouvel 18, a 156-unit luxury, freehold residential development on Anderson Road, for S$977.6 million.
Catalist-listed China Medical (International) Group said on Friday that it has signed an agreement to acquire a majority stake in The Sloane Clinic, an aesthetic and plastic surgery chain in Singapore and Malaysia, for S$9.5 million.
Catalist-listed security company Secura Group on Friday said that it will partner Republic Polytechnic (RP), the University of Glasgow, and the University of Glasgow Singapore to establish a joint facility for research and development (R&D) in cybersecurity.
Hoe Leong Corporation, which has a stake in Semua International, on Friday said that the latter's Semua Shipping has decided to cease its operations and dispose of its vessels.
- Frasers Centrepoint Trust Q4 DPU slips 1.5% to 2.815 cents
- Triyards Q4 net profit down 73% to US$2.2m
The STI Today
The local market this week didn't really do much - the Straits Times Index initially rose in response to firmer oil prices at the start of the week, but on Friday its 11.56 points loss at 2,831.06 meant its gain for the week was limited to 16 points or 0.6 per cent.