Daily Debrief: What Happened today

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Published Wed, Nov 2, 2016 · 10:30 AM

    Alibaba unit Lazada acquires e-grocer RedMart

    Alibaba's South-east Asian subsidiary Lazada is acquiring Singapore e-grocer RedMart.

    Hot stock: GLP surges on takeover speculation despite denial

    Shares in Global Logistic Properties Limited (GLP) continued to rise on Wednesday afternoon even after the Singapore-listed logistics facilities provider denied being in talks with investors on a takeover.

    Singtel's Optus opens A$10m cyber-security operations centre

    Singtel's Australian unit Optus has opened a A$10 million facility to strengthen Australia's cyber defence.

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    Goh Chok Tong appointed as LKY School of Public Policy governing board chairman

    Emeritus Senior Minister Goh Chok Tong has been appointed the governing board chairman for the Lee Kuan Yew School of Public Policy (LKY School).

    Pacific Radiance unit clinches US$73m contract for newbuild vessel

    Offshore marine support services firm Pacific Radiance has won a new contract for a newbuild vessel to be used in Mexico.

    Corporate earnings

    The STI Today

    Singapore shares close 0.2% lower on Wednesday

    Singapore stocks ended 0.2 per cent lower on Wednesday, with the Straits Times Index losing 6.55 points to 2,807.14.

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