Daily Debrief: What Happened Today
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BreadTalk founder makes S$0.77-per-share offer in privatisation bid after Q4 net loss
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.
Gojek denies report on merger talks with Grab
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.
Court dismisses Oei Hong Leong's lawsuit against Raffles Edu chairman
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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.
SIA freezes hiring for ground staff, mulls other measures in response to outbreak
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.
HDB issues S$700m notes due in 2027
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.
Corporate earnings
The STI today
Singapore shares rise 0.5% on Tuesday as bargain hunters move in
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.
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