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Daily Debrief: What Happened Today
Accused behind Singapore penny stock crash is denied bail again
JOHN Soh Chee Wen was turned down by a lower court in an earlier bid for bail a year ago. Soh, 59, was deemed a flight risk at the time. He has been in remand since his arrest in November 2016.
Goldilocks calls Noble's profit warning figures 'extremely shocking'
GOLDILOCKS Investment Company - an Abu Dhabi-based fund and a major shareholder of commodities trader Noble Group - has expressed shock over Noble's profit warning, and once again urged shareholders and creditors to join it in opposing the company's proposed restructuring plan.
Windy Heights in Eunos launched for collective sale at S$806.2m
THE owners of Windy Heights in Eunos have put their property up for collective sale, billing it as one of the largest freehold residential redevelopment sites to come on the market in the area.
Tulip Garden at Farrer Road up for collective sale with S$753m reserve price
THE freehold site in prime District 10 will be put up for collective sale via tender on Feb 28, with a reserve price of S$753 million, marketing agent Colliers International announced on Tuesday.
Cuscaden Road site up for tender under Government Land Sales programme
A SITE at Cuscaden Road has been launched for sale by public tender on Tuesday by the Urban Redevelopment Authority (URA) under the confirmed list of the first half 2018 Government Land Sales (GLS) programme.
Two Airbnb hosts earned at least S$19,000 in 5 weeks from illegal short-term home rentals
FOR their crimes, the prosecution is seeking to fine Terence Tan En Wei, 35, and Yao Songliang, 34, with a S$20,000 fine for each of the four charges, or a total of S$80,000 each.
Nearly half of Singapore employers planning salary increases of only 3-6% in 2018
IN the 2018 Hays Asia Salary Guide published on Tuesday, Hays described the numbers as "conservative" given an increasingly stronger economy in Singapore in 2018.
- Aoxin Q&M Dental posts 46 per cent fall in profit for FY2017
- Bumitama Q4 earnings fall 21.2% to 363.61b rupiah on slower production
- Olam Q4 profit more than doubles to S$265.1m
- Polaris Q4 net profit drops 67% to S$762,000
- Golden Agri-Resources swings into the red for Q4 with US$29m loss
- Banyan Tree Q4 profit down 54%
The STI today
Singapore shares close 0.4% lower
SHARE prices in the Singapore bourse closed lower with the benchmark Straits Times Index losing 15.46 points or 0.4 per cent to finish at 3540.39 on Tuesday.