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Daily Debrief: What Happened Today

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Rowsley will acquire the privately held Thomson Medical and a 70.36 per cent stake in Malaysia-listed TMC Life Sciences.

Rowsley to buy Thomson Medical businesses for S$1.6b
ROWSLEY will acquire the privately held Thomson Medical, which is a provider of healthcare services for women and children in Singapore, and a 70.36 per cent stake in Malaysia-listed TMC Life Sciences (TMCLS).

ThaiBev unit registers to bid for Sabeco; to price offer initially estimated at US$4.8b
THAI Beverage Public Co's (ThaiBev) Vietnamese drinks unit has registered to bid for a 53.59 per cent stake in Saigon Beer-Alcohol-Beverage Joint Stock Corp (Sabeco), and will price its bid by 3pm on Monday, Singapore time, the food and drink group announced before today's market opening.

STI on track for highest annual price gain since 2012
SGX noted that the STI has opened the week at 3,423 points, 542 points or 18.8 per cent above the 2016 year-end level of 2,881 points.

Singapore non-oil exports in Nov eases from Oct's stellar growth
NON-OIL domestic exports (NODX) rose 9.1 per cent in November from a year ago, down from the revised 20.5 per cent growth seen in October.

Spring to start legal proceedings against SG Vehicles group of companies
SPRING Singapore on Monday said it will apply to the High Court on Dec 19 for a declaration and/or injunction to be granted against parallel importer of cars SG Vehicles group of companies for engaging in unfair practices.

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Swiber directors to face enforcement action if Feb 1 AGM deadline not met: Acra
THE Accounting and Corporate Regulatory Authority (Acra) has rejected Swiber Holdings' application for an extension to hold its 2017 annual general meeting (AGM) and to lay the FY2016 financial statements at the AGM. 

The STI Today

Singapore shares close down 0.06% on Monday
IT WAS a rough day for local equities, with the benchmark Straits Times Index (STI) ending lower for the third straight day on Monday.



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