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Singapore Wrap Monday
Anonymous outfit Iceberg Research, which since mid-February has been launching attacks against commodity trader Noble Group's accounting practices, has weighed in on Noble's lack of transparency at its annual general meeting (AGM).
Inflation expectations in Singapore have continued to slide, reaching a new 3.5-year low of 3.05 per cent.
Less than two weeks after signing the S$1.6 billion bancassurance tie-up with local lender DBS Bank, Canadian insurer Manulife on Monday launched its new Singapore financial advisory arm.
- Starhill Global Reit to buy Myer Centre Adelaide for A$288m
- Sabana Reit posts lower DPU for first quarter
Malaysia's crushed limestone producer GCCP Resources launched its initial public offering (IPO) on Singapore Exchange's Catalist board on Monday, but its CEO, Alex Loo, is not selling any of his shares in the IPO.
Shares at Singapore Exchange (SGX) slipped on Monday with the Straits Times Index (STI) losing 21.94 points or 0.62 per cent to finish at 3,503.25.