Daily Debrief: What Happened Today

Stories you might have missed

Published Thu, May 10, 2018 · 10:30 AM
Share this article.

Malaysia elections: Ringgit falls as high-speed rail, GST among analysts' top uncertainties STOCKS with Malaysian exposure were also hit on the Singapore bourse on Thursday morning after Malaysia Opposition's shock election win.

Malaysia elections: 'Now the hard part' as Malaysia awakens to new political dawn Hope for lasting change in Malaysia after the opposition's historic election win may hinge on whether triumphant 92-year-old autocrat-turned-progressive Mahathir Mohamad has truly changed his ways and possesses the vigour and clout to heal national divisions.

Noble appoints Provenance as independent adviser on restructuring plan NOBLE Group has appointed Provenance Capital as an independent financial adviser to give an opinion on its proposed restructuring plan for shareholders, the commodity trader announced on Thursday.

FLT raises S$329m in private placement more than 3.9 times subscribed FRASERS Logistics & Industrial Asset Management, manager of Frasers Logistics & Industrial Trust (FLT), announced that FLT has successfully raised S$329 million in gross proceeds through a private placement overnight which was 3.9 times covered.

SGX RegCo tells Vard to hold new EGM on delisting proposal IN an unprecedented move, the Singapore Exchange Regulation (SGX RegCo) on Thursday told Vard Holdings to hold another extraordinary general meeting (EGM) to get shareholders' approval on its delisting plan.

Corporate Earnings

The STI today

Singapore shares close down by 0.31% on Thursday THE Straits Times Index lost 10.95 points, or 0.31 per cent, to 3,537.59 on Thursday, with the Singapore market rattled by Malaysia's overnight election upset.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here