Company Briefs
LCD Global bidder extends deadline
RDL Investments, which is offering to take over property developer LCD Global Investments for 17 cents a share, has extended the offer closing date to 5.30pm on June 23. As at 5pm yesterday, RDL, which controls around 32 per cent LCD, had received valid acceptances amounting to 3.67 per cent of its issued share capital. LCD closed at 26 cents yesterday, up half a cent.
Temasek appoints 3 more board members
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Companies & Markets
Philippines’ PLDT in talks to sell up to 49% of data centre business to Japan’s NTT
Infineon launches savings programme as weak demand persists
MAS ‘following up’ with DBS on cause of May 2 glitch in digital banking services
Nintendo to announce Switch successor details this financial year
Brokers’ take: SAC Research initiates ‘buy’ on Soilbuild with S$0.04 target
Aramco to pay US$31 billion dividend as Saudi posts budget deficit