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Daily Debrief: What Happened Today
Stories you might have missed
SINGAPORE and Hong Kong will launch their bilateral air travel bubble on Nov 22, allowing people in both cities to travel without quarantine, stay-home notices or controlled itineraries.
ARA Asset Management has purchased Parc1 Tower II - an office building in Seoul - for over one trillion Korean won (S$1.21 billion), in a deal slated to be the largest single asset transaction in Korea this year.
THE term sheet is regarding the proposed reorganisation and restructuring of Hyflux and its other affiliated companies by certain investment funds managed directly or indirectly by the fund manager.
THE offering comprises four contiguous strata office units located on level 42 - the third-highest floor in the building.
THE three-year, 30 million euro (S$47.8 million) equivalent loan features an interest rate adjustment linked to an ESG (environmental, social and governance) target.
- Frasers Property full-year profit tumbles 66.4% on Covid-19 hit
- Sembmarine expects losses to continue in Q4
- Valuetronics H1 net profit falls 12.1% to HK$91.5m on lower revenue
The STI today
THE local blue chip benchmark Straits Times Index (STI) ended the day up 0.31 per cent or 8.28 points to 2,713.28.