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Daily Debrief: What Happened Today
The public preview of Urban Treasures, the newest residential project by Fragrance Group, will take place on Saturday at 10am. The freehold condominium along Jalan Eunos in District 14 comprises two 12-storey buildings with 237 apartments.
Fintechs lag banks when it comes to providing financial services to Singapore's businesses, with limited product offerings and most businesses preferring banks to them, according to a report.
Catalist-listed ISOTeam has beefed up its order book with fresh contracts amounting to S$35.4 million, the facilities maintenance specialist announced on Thursday evening.
SPH Reit has raised S$164.5 million from a private placement of 156.6 million new units to partially fund its proposed acquisition of a 50 per cent stake in a shopping centre in South Australia.
Tritech Group is proposing a share placement of up to 110.8 million new shares at S$0.0388 apiece to raise around S$4.2 million in gross proceeds for use as working capital.
Mainboard-listed systems integration solutions provider Nordic Group has purchased environmental engineering firm Envipure for S$14.8 million in cash.
The STI Today
Following two sessions of losses, the Straits Times Index (STI) opened higher before notching up strong gains in the later session to end at 3,225.65, up 33.44 points or 1.1 per cent. On the week, the blue-chip index dipped 13.21 points or 0.4 per cent from last Friday's close of 3,238.86.