Daily Debrief: What Happened Today

Ezra faces US$194.5m claim tied to Lewek Champion lease OFFSHORE and marine group Ezra Holdings is facing a claim for US$194.5 million as the guarantor of a bareboat charter on pipelay vessel Lewek Champion.

Rickmers senior lender "willing to consider material debt forgiveness" HSH Nordbank AG, the largest senior lender to suspended Singapore Exchange (SGX) stock Rickmers Maritime Trust, said on Monday morning that it is willing to consider a "material debt forgiveness" of existing loans that it has extended to the shipping trust.

MAS issues 10-year prohibition order against former Goldman Sachs director The prohibition order prevents Tim Leissner,a former director of Goldman Sachs (Singapore) from performing any regulated activity under the Securities and Futures Act and taking part, directly or indirectly, in the management of any capital market services firm in Singapore.

SGX ups pro-rata renounceable rights issue cap to 100% of share capital DC rates remained unchanged for landed residential, place of worship/civic and community institution, and other use groups.

AIA names Ng Keng Hooi chief executive as Tucker joins HSBC AIA Group Ltd named Ng Keng Hooi as chief executive officer, replacing Mark Tucker who is leaving the Asian insurer to become chairman of HSBC Holdings Plc.

Hot stock: Saizen Reit down 42% as RTO deal falls through CASH trust Saizen Real Estate Investment Trust (Reit), a former Japanese residential property trust, fell after a proposed reverse takeover by Sime Darby Property Singapore fell through.

The STI Today

Singapore stocks close mixed; STI at new 18-month high but gains not widespread THE Straits Times Index on Monday managed a 13.8 points rise to an 18-month high of 3,147.15 despite a slide in oil prices to a three-month low.