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Daily Debrief: What Happened Today

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OurCrowd, an Israel-based equity crowdfunding platform that counts Singapore's UOB as its equity partner, has raised a total of US$1 billion for 170 companies and 18 funds in six years, it said at its investor summit in Jerusalem on Thursday.

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UOB crowdfunding partner OurCrowd hits US$1b in fundraising in six years

OurCrowd, an Israel-based equity crowdfunding platform that counts Singapore's UOB as its equity partner, has raised a total of US$1 billion for 170 companies and 18 funds in six years, it said at its investor summit in Jerusalem on Thursday.


 

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Singtel, GIC to subscribe to India telco giant Bharti Airtel's 250b rupee rights issue

SINGTEL is subscribing to 170 million new shares at 220 rupees apiece, or 37.5 billion rupees (S$726.5 million), in the latest rights issue by its regional associate - India's Bharti Airtel (Airtel). 


HDB resales drop in February, with no change in prices: SRX

HOUSING Board resale transactions resumed their downtrend in February amid the Chinese New Year lull, after January enjoyed the first month-on-month increase in sales since last July's cooling measures.


Goodluck Garden's dissenting owners' appeal dismissed, en bloc to proceed

THIS follows a lengthy dispute over the fate of the condo, which Qingjian Realty bought for S$610 million in March 2018.


Temasek's triple A rating backed by strong credit profile, high-quality portfolio: Moody's

IN its latest periodic review of the Singapore government investment firm's credit rating, Moody's this was "further underpinned by its low market value-based leverage at the holding company level and its excellent liquidity profile."


The STI today

Singapore shares gain 0.2% on Thursday

THE Straits Times Index (STI) added 6.64 points or 0.2 per cent to close at 3,229.48.