You are here
Daily Debrief: What Happened Today
Stories you might have missed
IN a meeting with employees, new co-chief executive officers Artie Minson and Sebastian Gunningham and co-founder Miguel McKelvey said the cuts will be handled as "humanely" as possible.
ALTHOUGH DBS is the most aggressive of Singapore's three homegrown banks, bigger international rivals are capturing prime deals in its backyard and the No 1 challenger is Citigroup Inc.
THIS comes after the failed S$530 million rescue plan with Salim-Medco consortium SMI was aborted on April 4. Both Hyflux and SMI are now suing each other to claim a S$38.9 million deposit by SMI in an escrow account.
CATALIST-LISTED startup incubator The Trendlines Group on Friday said that its current market price "does not properly reflect the company's value", and that its proposed rights issue priced at a 19.3 per cent premium to the counter's last trading price of 8.8 Singapore cents on Sept 26 would be a better gauge of the company's value.
THE Singapore Exchange (SGX) has rejected Renaissance United's reworked application to issue shares at a revised S$0.0011 per share price that would have netted the firm about S$1.4 million.
The STI today