Daily Debrief: What Happened Today
Stories you might have missed
Kismis View launched for en bloc sale for S$102m KISMIS View, a collective sale site along Lorong Kismis in the Upper Bukit Timah area, has just been launched KISMIS View, a collective sale site along Lorong Kismis in the Upper Bukit Timah area, has just been launched for sale by tender by sole marketing agent, JLL.
COEs finish mixed in the second round of bidding in Nov 2017 CERTIFICATE of Entitlement (COE) prices finished mi CERTIFICATE of Entitlement (COE) prices finished mixed in the second round of bidding in November on Wednesday.
RE&S opens 60% above IPO price on debut day SHARES of RE&S Holdings opened on Wednesday - its first day of trading on the Catalist board - at 35.5 Singapore cents, 61 per ce SHARES of RE&S Holdings opened on Wednesday - its first day of trading on the Catalist board - at 35.5 Singapore cents, 61 per cent higher than its issue price of 22 cents.
MyRepublic snags S$70m investment to scale up products, expand regionally PRIVATE equity firm Makara Capital is putting S$70 millio PRIVATE equity firm Makara Capital is putting S$70 million into telecommunications operator MyRepublic, it announced on Wednesday.
Neo Group in exclusive talks to buy Teochew fish ball noodle business CATERING company Neo Group has entered into an exclusive negotiation agreement to acquire a chain of Teochew fish CATERING company Neo Group has entered into an exclusive negotiation agreement to acquire a chain of Teochew fish ball noodles foodstalls and its related food manufacturing business.
Sea's Q3 loss widens to US$132.7m, but revenue on rise SEA Limited, the Singapore-based Internet company once known as Garena, said on Wednesday that net loss attributable to shareholders doubled to US$132.7 million for the third quarter SEA Limited, the Singapore-based Internet company once known as Garena, said on Wednesday that net loss attributable to shareholders doubled to US$132.7 million for the third quarter ended Sept 30 from a year-ago loss of US$65.6 million.
25 trade associations and chambers come under one roof to help companies grow MORE than 20 trade associations are set to collaborate more closely in the national push to grow companies and help them venture overseas, wit MORE than 20 trade associations are set to collaborate more closely in the national push to grow companies and help them venture overseas, with the launch of the new Trade Association Hub in Jurong on Wednesday morning.
UOB's 2 new robot employees cut data processing time by over half UNITED Overseas Bank (UOB) has welcomed its first "virtual employees", that will take over tasks its human employees have found repetitive and time-consuming, and thus allowing t UNITED Overseas Bank (UOB) has welcomed its first "virtual employees", that will take over tasks its human employees have found repetitive and time-consuming, and thus allowing the latter to focus on more stimulating and challenging job roles.
The STI Today
Singapore shares close up 0.19% on Wednesday THE benchmark Straits Times Index closed up a smidgen - by 6.64 points, or 0.19 per cent, to 3,430.02, on a turnover THE benchmark Straits Times Index closed up a smidgen - by 6.64 points, or 0.19 per cent, to 3,430.02, on a turnover of 2.62 billion shares worth S$1.27 billion.
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International
US expects to finalise new Aukus trade exemptions in next 120 days
IMF concerned about debt, fiscal challenges facing low-income countries
Bank of Japan’s Ueda says ‘very likely’ to hike rates if inflation keeps rising
Colombian fund managers eye US$750 million fee bonanza after senators tweak pension bill
Fed survey cites inflation, US election as key financial stability risks
Oil prices steady after Iran plays down reported Israeli attack