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Singapore Wrap Tuesday
Temasek Holdings posted a net portfolio gain of 19 per cent or S$43 billion to S$266 billion for the year ended March 31, 2015, in its most active year since the global financial crisis.
Noble Group said on Tuesday that it has initiated a third party review of mark to market (MTM) models and valuations.
- So, who's who in Noble's independent board committee?
- SGX welcomes Noble's decision to get third-party review
The Infocomm Development Authority of Singapore (IDA) on Tuesday said it plans to release more spectrum for mobile broadband services, as it makes way for a fourth telco operator.
SBI Offshore Limited on Tuesday announced that it has entered into a joint venture agreement with GSS Renewables to pursue solar photovoltaic energy business.
SRX Property, powered by StreetSine Technology Group, on Tuesday launched a free application called "my Property Tracker" which provides subscribers with a customised monthly update on the value, rent, and rental yield of their homes.
The STI Today
Trading in the local market remained quiet even as some prices were lifted by hopes that Greece will eventually be bailed out and remain in the eurozone. Among the stocks to benefit were Straits Times Index heavyweights Singtel and the banks, enabling the index to register a 7.99 points rise to 3,340.93.