Daily Debrief: What Happened Today

Published Wed, May 27, 2020 · 10:30 AM

    Stories you might have missed

    Singapore services sector takings fall 1.1% in Q1

    AMID the Covid-19 outbreak, the greatest decline was for recreation and personal services.

    SGX to discontinue most MSCI equity index futures and options contracts next year

    IT will, however, keep its partnership with New York-based global index publisher MSCI on MSCI Singapore Index products.

    Hyflux rescue deal hits a snag as Utico revokes cash offer

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    POTENTIAL investor Utico is now demanding that all of Hyflux's creditors accept shares of Utico and Hyflux as payment, instead of cash.

    S'pore companies to deliver US$14.2b in dividends for 2020, down 4.5% y-o-y: IHS

    BANKING, property-related and telecommunication sectors will contribute around 70 per cent of total dividends.

    Fintech startup GoBear raises US$17m in funding

    THIS marks the fintech startup's fifth fundraise to date, bringing the total amount it has raised thus far to US$97 million.

    PropertyGuru launches new feature allowing 360-degree walk-through of units

    THE feature, called StoryTeller, is available on the group's sales automation platform, PropertyGuru FastKey

    The STI today

    STI slips 10.82 points to close at 2,519.48; SIA the best performer, SGX is worst SINGAPORE stocks ended Wednesday on a softer note, with the benchmark Straits Times Index closing at 2,519.48, down 10.82 points, or 0.43 per cent.

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