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Daily Debrief: What Happened Today
The Singapore Government will keep its 2019 Budget aimed at helping the economy navigate global uncertainties through innovation, internationalisation and capability building for workers, said Minister in the Prime Minister's Office and Second Minister for Finance and Education Indranee Rajah on Friday morning.
Water treatment firm Hyflux on Friday called for its creditors to file proofs of claim ahead of scheme meetings as the company undergoes debt restructuring. The proofs, which will form a basis to vote on scheme proposals and to receive payments, must be submitted by 5pm on Feb 15.
Gojek announced on Friday the close of the initial portion of its ongoing series F round led by existing investors Google, JD and Tencent. Other participants include Mitsubishi Corporation and Provident Capital.
The sale of Tulip Garden for S$906.9 million on its fourth en bloc attempt has reached a happy conclusion, after market talk that the mammoth deal had hit a snag.
Supreme Court Registrar Vincent Hoong, 61, will take on the appointment of Judicial Commissioner of the Supreme Court for a year beginning April 10. Teh Hwee Hwee, who is currently deputy registrar of the Supreme Court, will succeed Mr Hoong as the registrar of the Supreme Court, effective April 9.
Singapore digital cross-border payments firm InstaReM announced on Friday that it is joining Visa’s fintech fast-track programme in Asia Pacific. The programme makes it easier and faster for fintech partners to build and deliver new solutions on Visa’s payments network.
- No Signboard Q1 losses deepen to S$573,643 as average customer spend shrinks
- SingPost's Q3 profit up 15.6% to S$50.2m on one-time gain
- CapitaLand Retail China Trust Q4 DPU up 2.1%; to swap malls in Inner Mongolia
- AGV Group's full-year loss almost triples to S$12.1m
- AA Reit's Q3 DPU down 4.6% to 2.50 S cents
The STI Today
Singapore shares ended lower on Friday, with the Straits Times Index declining 0.05 per cent or 1.49 points to 3,188.68. Losers outweighed advancers 201 to 171, as 1.21 billion shares worth S$954.13 million changed hands.