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Daily Debrief: What Happened Today
Singapore's non-oil exports continued to contract in November as a result of shrinking electronic exports, which outpaced the growth of other exports like gold and non-electric engines and motors.
Less than one-fifth of "Old Noble" shareholders who initially registered with apointee trustee, Lucid Issuer Services, have completed all the steps required to get their shares in the new unlisted entity, Noble Group Holdings (Noble Holdings or New Noble), the company announced in a regulatory filing on Tuesday.
Cromwell European Real Estate Investment Trust (Cromwell E-Reit) on Tuesday said it has entered into a master sale and purchase agreement with entities owned by funds advised by Blackstone affiliates on Dec 16, to dispose of 12 properties located in the Netherlands, Denmark and France.
Allianz Real Estate has appointed Danny Phuan, in a newly created role, as Asia-Pacific (APAC) head of acquisitions, to strengthen its presence and acquisition capabilities in the region, the company said on Tuesday.
Singapore gadget central Sim Lim Square has launched its second collective sale tender with a sweetener for potential developers - an additional 27 per cent of built-up space plus the possibility of lower development charges.
A unit of mainboard-listed SIIC Environment Holdings, its controlling shareholder and Shanghai Overseas (BVI) have formed a joint venture company with a committed capital of HK$100 million (S$17.3 million) to invest in environmental companies in China, particularly in Yangtze River Delta.
The STI Today
In Singapore, the Straits Times Index (STI) was mainly bogged down by the performance of the banking trio, ending Tuesday at 3,200.80, a 5.29-point or 0.2 per cent dip. Similar to the prior session, the blue-chip index spent most of the session struggling for direction before whipsawing in the final hour.