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Daily Debrief: What Happened Today

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MAS, CAD warn public of potential risks of digital tokens and related investment schemes
A consumer, they warned, is exposed to heightened risk of fraud when investing in schemes that operate online or outside Singapore.


Car COE premiums rise in Singapore
CERTIFICATE of entitlement (COE) premiums for passenger cars rose in the first round of bidding in August, while those for commercial vehicles and motorcycles remained flat.



Interra Resources secures 11-year deal from Myanma Oil & Gas Enterprise
WITH the definitive agreements expected to be signed soon, Interra Resources plans to substantially expand the exploration and development activities of its Chauk and Yenangyaung fields to increase its petroleum production in Myanmar.


mm2 Asia still in talks to buy Golden Village
THE agreement to buy Village Cinemas Australia's half-stake in Dartina Development that holds the Golden Village cinema business in Singapore lapsed after the former failed to secure the approval of Golden Screen, which owns the other half of Dartina by July 21.

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Centurion to buy 160-unit student housing in the US for US$70m
THIS follows its maiden entry in the US last month with a proposed acquisition of a portfolio of 1,936 beds across five student accommodation assets for US$136 million (S$185 million).


 

Corporate Earnings

The STI Today

Singapore stocks finish weaker despite banks’ support for STI
A LARGE push on the banks helped the Straits Times Index (STI) record a 5.16-point rise to 3,323.24 in a day when the broad market registered 314 falls against 168 rises, weakness brought on by worries over North Korea tensions.


 

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