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Former BSI banker Yeo Jiawei, also an associate of Malaysian financier Low Taek Jho, was on Thursday sentenced to 30 months in jail for attempting to pervert the course of justice in connection with Singapore's largest money-laundering probe linked to the massive 1Malaysia Development Bhd (1MDB) scandal.
Keppel Corporation said before market opened on Thursday that Keppel Infrastructure Holdings Pte Ltd has been named the preferred bidder by PUB, Singapore's national water agency, to design, build, own and operate Singapore's fourth desalination plant for a concession period of 25 years.
Singapore's Public Service Division on Thursday announced some changes in permanent secretary appointments.
Mainboard-listed Global Logistic Properties (GLP) said before market opened on Thursday that a co-investor has pumped US$32 million into a fund established to hold a newly acquired US$1.1 billion logistics portfolio from Dallas-based developer Hillwood.
The Singapore Exchange has granted mainboard-listed Ezra Holdings approval to extend its annual general meeting by two months following a delay in the release of the group's results for the financial year ended Aug 31, 2016.
The STI Today
The Straits Times Index (STI) on Thursday slipped marginally into the red for 2016 when it lost points at 2,882.04 in response to a 0.8 per cent loss in Hong Kong's Hang Seng Index and a 25-point drop in the Dow futures.