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Daily Debrief: What Happened Today
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GRAB and Singtel on Monday said they will apply jointly for a digital full bank licence via a consortium, with Grab holding a 60 per cent stake in the entity, and the telco giant holding the remaining 40 per cent.
THE late breakdown in talks, BT understands, comes as Keppel is undergoing a strategic review of its core operations, with Temasek Holdings due to take control of the conglomerate via a partial offer.
SIAS president David Gerald said that creditors have raised queries on the “identity of Aqua Munda and its director and sole shareholder, and whether Aqua Munda has the necessary funds to complete their proposed reverse Dutch auction”.
THE trials will be conducted in collaboration with Huawei, and will be done independent of 4G network infrastructure unlike many other roaming trials that use 5G non-standalone technology, the telcos said.
A JOINT venture (JV) of GuocoLand and Hong Leong Holdings (China) (HLHC) will acquire and develop four land parcels in Chongqing, China, for residential use.
The STI today
THE Straits Times Index (STI) stayed mostly range-bound, ending the session at 3,222.44, down 4.09 points or 0.1 per cent.