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Daily Debrief: What Happened Today

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AWAK Technologies is the first Accuron MedTech portfolio company to move its headquarters to the Accuron MedTech Technology Centre, enjoying access to the manufacturing and assembly facility to support its research, development, manufacturing and commercial activities. Mr. S. Iswaran, Minister for Communications and Information & Minister-in-charge of Trade Relations was at the official opening.

Accuron MedTech opens S$10m technology centre in Tuas to incubate portfolio firms
LOCATED in Tuas, the 22,000 square foot (sq ft) centre provides incubator facilities and business services for the companies in which Accuron MedTech invests, which are "highly-innovative, category-disrupting" technology firms that are complementary to its core urology business.


More Singaporeans find jobs, but long-term unemployment rate rises: MOM
THE latest Manpower Ministry (MOM) statistics released on Thursday also showed that the long-term unemployment rate has continued to edge up. 


MinLaw seeking views on new regulatory regime for precious stones and metals dealers
A CONSULTATION period of one month - from Sept 13 to Oct 12 - has been set by the Ministry of Law (MinLaw) for the public to provide feedback on the new anti-money laundering and countering the financing of terrorism (AML/CFT) regulatory regime for precious stones and metals dealers (PSMD) in Singapore.


Businesses no longer allowed to bid for religious land under new MND framework
THE Ministry of National Development (MND) said on Thursday (Sept 13) that these changes are being made "to ensure that only religious groups that actively contribute to the community, and have a genuine need for worship space" can bid for such land.

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Serial System CEO receives second request from Taiwan authorities to assist with probe
SERIAL System's executive chairman and group chief executive Derek Goh has received a second request from the Taiwan authorities to assist with investigations under Taiwan's Securities and Exchange Act, the electronic components distributor said in a filing late on Wednesday night.


Aspial invites noteholders to sell or exchange 2018, 2019 notes
ASPIAL Corporation is inviting holders of its 5.5 per cent notes due in November 2018 or 5.05 per cent notes due in June 2019 to either sell these to the company or exchange them for new notes, it said in a Singapore Exchange filing early on Thursday morning. 


The STI today

Singapore shares end higher on Thursday
SHARE prices on the Singapore bourse closed higher on Thursday, with the key Straits Times Index up 7.12 points, or 0.23 per cent, to 3,131.77.