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Daily Debrief: What Happened Today
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The FT last week published two reports about alleged wrongdoing at Wirecard’s Singapore office that sent shares in the member of the blue-chip DAX falling the most in more than a decade on Friday.
Mr Kuek will be based in Singapore, reporting to Joe Stadler, head of ultra high net worth, and Edmund Koh, president of UBS APAC.
Maybank is now giving Hyflux until February 28, 2019 to execute a binding agreement with a successful bidder or investor, an extension of the Oct 29, 2018 deadline earlier agreed upon.
Green Build had asked SGX to extend the deadline for reporting its results by two months to May 1, but its rejection means the company will have to announce its FY2018 results by March 1.
Mr Goi died of a heart attack in Malaysia on Sunday morning and his body was repatriated to Singapore on Sunday night.
The STI today
SINGAPORE shares closed lower on Monday, with the Straits Times Index (STI) down 4.12 points or 0.1 per cent to 3,184.56.