You are here

Daily Debrief: What Happened Today

innoven.jpg

Stories you might have missed

Temasek, UOB invest US$200m into venture debt firm InnoVen Capital

THE Singapore-based company, which also has offices in India and China, said the funds will allow it to tap the potential in the venture debt space across Asia.


 

sentifi.com

Market voices on:

 

Hyflux clarifies it has not received binding offer from Utico

IN fact, all that Hyflux has received from Utico's advisers is a "draft term sheet", Hyflux clarified on Tuesday.


GIC, BC Partners to sell majority stake in Acuris to Ion in £1.35b deal

AS part of the deal, BC Partners will retain a minority 25 per cent stake in Acuris, while GIC will sell its entire interest in the company.


Impossible Burger creator raises US$300m in Series E round led by Temasek, Horizon Ventures

THE company's fifth equity funding round will help to speed up, among others, hiring and capacity expansion at its plant in Oakland, California.


Singapore condo resale prices up 0.9% in April for 3rd straight monthly rise: SRX

FOR the first four months of the year, non-landed resale prices are up about 2 per cent, according to data from the real estate portal.


Corporate earnings


The STI today

Singapore shares claw back early drop to close 0.3% lower on Tuesday
 

THE Straits Times Index (STI) opened 1 per cent lower but clawed back early losses to finish at 3,223.71, down 10.57 points or 0.3 per cent on Tuesday.