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Daily Debrief: What Happened Today
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MND said this was due to a large supply of around 44,000 private housing units in the pipeline, which consists of 39,000 unsold units from GLS and en-bloc sale sites with planning approval, and 5,000 units from sites pending planning approval.
THE 41-year-old was arrested in Malaysia on May 30 and charged on June 1 with cheating a company called CCJ Investments into believing that Suite Development had entered into a loan agreement with CCJ Investments and induced CCJ Investments to disburse S$6 million, of which about S$3.3 million was used to refinance Suite Advisors LLP's client's account.
WHEN completed, the 50 megawatt-peak (MWp) system will be one of the world's largest single floating solar PV systems.
THE COE premium for cars up to 1,600cc and 130bhp closed at $30,009, up from last fortnight's $27,000 but still lower than in earlier recent exercises which saw prices going past $36,000. It was the only COE which ended higher.
SINGAPORE Exchange (SGX) aims to add products to its lucrative derivatives business and offer Southeast Asian unicorns a platform to list shares and bonds, in a multi-asset strategy aimed at sustaining growth.
SIX more mainboard-listed companies have announced they will be included on the Singapore Exchange’s (SGX) watch list with effect from June 6, with one of them due to the financial entry criteria, and the other five not meeting minimum trading price (MTP) requirements.
The STI today
THE Straits Times Index (STI) closed at 3,146.18, up 3.81 points or 0.1 per cent on Thursday.