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Daily Debrief: What Happened Today
Singapore's gross domestic product (GDP) growth is not expected to pick up significantly in the near term, warned the Monetary Authority of Singapore (MAS) on Tuesday.
Troubled S-chip China Sky Chemical Fibre has filed a lawsuit in Singapore's High Court against Zheng Kai Su on Oct 24.
In what is the largest private capital-raising that CapitaLand Limited has undertaken, the property group has raised US$1.5 billion for its third private investment vehicle in China to invest in integrated developments.
Shares of debt-heavy Ezra Holdings fell 4 per cent to 4.6 Singapore cents following an announcement that it is seeking bondholders' waiver of certain financial covenants attached to its S$150 million notes due April 2018.
Nera Telecommunications Ltd's chief executive officer Samuel Ang Seong Kang tendered his resignation on Monday.
Medical services group focusing on endoscopic procedures, HC Surgical Specialists Limited (HCSS) has offered 30 million new shares at S$0.27 apiece in its initial public offering (IPO) on the Catalist board of Singapore Exchange (SGX).
- Mapletree Industrial Trust Q2 DPU up 1.4%
- CapitaLand Retail China Trust posts 10.6% drop in Q3 DPU
- Ascendas India Trust Q2 DPU unchanged from a year ago at 1.37 Singapore cents
- Cosco Singapore Q3 results to worsen on order cancellations, delivery delays, costs
- SembMarine plunges into the red for Q3
The STI Today
One way of gauging the interest in local stocks is by the number of queries levelled by the Singapore Exchange (SGX) to companies when their shares exhibit unusual activity. Over the past fortnight, such queries have been relatively frequent, averaging at least one or two per day.