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Daily Debrief: What Happened Today

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Located in District 11, Casa Contendere is on a freehold site with a land area of 37,972 sq ft; the site is zoned for residential use and has a plot ratio of 1.4 under the Urban Redevelopment Authority's Master Plan 2014.

Tee Land buys Casa Contendere for S$72m
TEE Land is understood to be buying Casa Contendere along Gilstead Road through a collective sale for S$72 million.

GIC, Temasek have performed creditably in challenging market conditions: Lawrence Wong
THE government's view is that GIC and Temasek Holdings have performed creditably in challenging market conditions, said Second Minister for Finance Lawrence Wong in Parliament.

Market voices on:

OCBC's chatbot 'Emma' helps customers sign S$70m in home loans
OCBC Bank's chatbox application has now closed more than S$70 million in home loans since the start of the year, the bank told The Business Times on Tuesday. Named "Emma", the home and renovation loan chatbot is powered by artificial intelligence.

Razer prices IPO at HK$3.88 a share; strong retail interest trounces institutionals'
GAMING tech firm Razer has priced its initial public offering (IPO) at HK$3.88 a share, near the top end of its indicated price range on the back of strong interest from Hong Kong's retail investors.

Vallianz, Swiber agree on lower share issue price for additional subscription
VALLIANZ Holdings is revising certain terms for the rights issue in its set-off and settlement agreement with Swiber Holdings.

Cityneon faces possible cash offer as majority shareholder gets acquired
MAINBOARD-LISTED events and exhibitions firm Cityneon Holdings may face a possible cash offer as a Hong Kong company acquires its majority shareholder Lucrum 1 Investment Limited, which holds a nearly 70 per cent stake in Cityneon.

Corporate Earnings

The STI Today

STI adds over 31 points to end at 3,413.10
SINGAPORE shares roared ahead on Tuesday on the back of higher oil prices driven up by rising tensions in the Middle East and ahead of US President Donald Trump's visit to China.