Daily Debrief: What Happened Today

Singapore govt to form ministerial-level group for digital tech strategies

THE Singapore government is forming a new ministerial-level planning group to coordinate its digital technology strategies and responses.

Hot stock: Ezra's bankruptcy filing in US sends new shock waves through local banks, O&G stocks

NEWS that offshore and marine (O&M) firm Ezra Holdings has sought Chapter 11 bankruptcy protection in the US sent new shock waves through the Singapore banking as well as oil and gas (O&G) sectors on Monday.

Securities industry group completes review of market disruptions, makes recommendations

A SECURITIES industry working group that was convened after a July 2016 market outage is recommending that Singapore Exchange (SGX) adopt clearer continuity plans and maintain closer coordination with the industry and service providers.

KSH bags S$146m contract to build research building for NUS

CONSTRUCTION and property firm KSH Holdings on Monday announced that it has clinched a S$145.7 million contract from the National University of Singapore (NUS) to build a research building comprising 16 floors and a basement.

Valuetronics plans bonus issue of one share for every 10

ELECTRONICS manufacturing services provider Valuetronics said on Monday morning that it will issue a bonus share for every 10 existing shares.

CNMC Goldmine acquires Kelantan rights

GOLD miner CNMC Goldmine said on Monday morning that it will pay RM2.5 million (S$0.79 million) to acquire KelGold, a Kelantan company with rights to explore gold, iron ore and other minerals.

The STI Today

SINGAPORE shares closed lower on Monday with the benchmark Straits Times Index down 3.68 points or 0.12 per cent at 3,165.70.