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Singapore Wrap Friday

Today's notable stories

The 44-page handbook is designed to help issuers understand the disclosure requirements and the review process, as well as other listing requirements in Singapore, Malaysia and Thailand, said Singapore's Monetary Authority of Singapore and the Singapore Exchange in a press release.


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Singapore, M'sia, Thailand produce guide for cross-border offerings

Authorities in Singapore, Malaysia and Thailand have published a handbook to guide companies that hope to offer securities across borders through a streamlined review framework.

Onus on companies to monitor information leaks: SGX 

While a company is involved in confidential and material discussions, it must closely monitor the trading of its stock, said Tan Boon Gin, chief regulatory officer of the Singapore Exchange (SGX).

Genting HK gets nod from regulator to up stake in Aussie casino group

Genting Hong Kong (HK) has received approval from one of two Australian authorities to raise its stake in Echo Entertainment Group above 10 per cent, the gaming company announced on Friday.

The STI Today

Singapore shares close lower ahead of key US jobs report

The closure of China's market on Thursday and Friday to celebrate the end of World War II may have helped ease pressure on the Straits Times Index on Thursday, but it didn't help on Friday when the STI plunged 42.62 points or 1.5 per cent to 2,863.81 in tandem with a slide in the futures contract on the Dow Jones Industrial Average ahead of the release of the US August jobs data.