The Business Times
Chloe Lim

Chloe Lim

JOURNALIST

Chloe Lim is a breaking news reporter at The Business Times. She previously worked at The Edge Singapore.

emailchloeljh@sph.com.sg
FLCT's adjusted NPI for H2 – which excludes straight-lining adjustments for rental income and adds lease payments of right-of-use assets – is S$164.9 million, up 2.2% from the same period a year earlier.

Frasers Logistics & Commercial Trust H2 DPU drops 11.1% to S$0.0295

Revenue for the period rises 3.7% to S$239.2 million, from S$230.6 million previously

Above: A closed outlet of Singapore pastry chain Twelve Cupcakes on Oct 31 at Jem. The company was sold to Indian tea company Dhunseri Group in 2017, before shuttering abruptly on Oct 29.
BT EXPLAINS

F&B closures: retrenched, unpaid staff may be ahead of most creditors – but will they ever see their salaries?

If there is enough to go round, the next question is when they will be paid

Only 26 per cent of Singapore senior government executives who responded in EY's survey have deployed AI in their organisations.

Unclear returns, wariness: Only 26% of S’pore public sector firms have deployed AI, says EY poll

Implementing data and digital solutions pose challenges for government organisations at this juncture, the survey states

OCBC's net profit for Q3 ended September is flat at S$1.98 billion.
HOT STOCK

OCBC shares hit record high after Q3 earnings beat expectations; ends 3.4% higher

The stock hit an all-time high of S$17.94 on Friday, before paring some gains

Generic shot of of Coliwoo's property.

Coliwoo closes at S$0.585 on first trading day, 2.5% below IPO price

Its 5.3 million public offer shares were about 20.7 times subscribed

Paya Lebar Quarter comprises office towers, a mall and residences has over 100,000 square feet of landscaped, green spaces and an outdoor playground.

Lendlease Reit raises S$280 million in private placement

The units are priced at S$0.602 apiece

Coliwoo是本地上市公司贤能集团旗下的共居品牌，提供多种共享居住概念，包括酒店、房屋和服务式公寓。

Stocks to watch: DBS, UOB, PropNex, LHN, Coliwoo, Lendlease Reit

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Nov 6):

(Above) The Food, Drinks and Allied Workers Union (FDAWU) Tower at 279 River Valley Road.

Twelve Cupcakes staff get vouchers from unions as clock ticks for them to find new jobs

All union members were given supermarket vouchers ranging from S$150 to S$200 in value

In 2018, Chen Zhi set up a family office, DW Capital Holdings, in Singapore. It claimed to receive a 13U (previously known as 13X) tax incentive from the Monetary Authority of Singapore.

Two SFO funds linked to Chen Zhi’s group were granted tax incentives: Chee Hong Tat

MAS takes ‘risk-proportionate approach’ to maintain Singapore’s status as a trusted financial centre, he says

Shoppers in Paya Lebar Quarter's PLQ Mall.

Lendlease Reit acquires 70% of PLQ Mall

Deal will be financed by proposed private placement of units priced at S$0.597 to S$0.616 each

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