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Daily Debrief: What Happened Today
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BREADTALK has sunk into the red for its fiscal fourth quarter and 2019, and is in technical breach of the financial covenants for its S$100 million notes due in 2023, according to separate filings late on Monday night.
EARLIER in the day, it was reported that the two decacorns are holding talks on a potential merger, although roadblocks remain to negotiating how control of the combined firm will be split.
SINGAPORE'S High Court has dismissed the lawsuit of tycoon Oei Hong Leong against Raffles Education chairman Chew Hua Seng over an alleged promise by Mr Chew to procure a buyer for Mr Oei's shares in the mainboard-listed education provider.
AFTER three rounds of flight cuts including the latest on Monday, the flag carrier is facing an excess manpower situation of more than 500 cabin crew members and some 50 pilots.
THEY are rated Aaa by Moody’s Investors Service and come in denominations of S$250,000 and are offered by way of placement to investors.
- Aspial's fiscal 2019 profit falls 55.2% to S$12.7m
- Cromwell E-Reit Q4 DPU up 30.4% to 1.03 euro cents
The STI today
A bargain hunting session brought the Straits Times Index (STI) up 16.04 points or 0.51 per cent to 3,158.24 on Tuesday.