Daily Debrief: What Happened Today

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Published Tue, Nov 7, 2017 · 10:30 AM

    Tee Land buys Casa Contendere for S$72m TEE Land is understood to be buying Casa Contendere along Gilstead Road through a collective sale for S$72 million.

    GIC, Temasek have performed creditably in challenging market conditions: Lawrence Wong THE government's view is that GIC and Temasek Holdings have performed creditably in challenging market conditions, said Second Minister for Finance Lawrence Wong in Parliament.

    OCBC's chatbot 'Emma' helps customers sign S$70m in home loans OCBC Bank's chatbox application has now closed more than S$70 million in home loans since the start of the year, the bank told The Business Times on Tuesday. Named "Emma", the home and renovation loan chatbot is powered by artificial intelligence.

    Razer prices IPO at HK$3.88 a share; strong retail interest trounces institutionals' GAMING tech firm Razer has priced its initial public offering (IPO) at HK$3.88 a share, near the top end of its indicated price range on the back of strong interest from Hong Kong's retail investors.

    Vallianz, Swiber agree on lower share issue price for additional subscription VALLIANZ Holdings is revising certain terms for the rights issue in its set-off and settlement agreement with Swiber Holdings.

    Cityneon faces possible cash offer as majority shareholder gets acquired MAINBOARD-LISTED events and exhibitions firm Cityneon Holdings may face a possible cash offer as a Hong Kong company acquires its majority shareholder Lucrum 1 Investment Limited, which holds a nearly 70 per cent stake in Cityneon.

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    Corporate Earnings

    The STI Today

    STI adds over 31 points to end at 3,413.10 SINGAPORE shares roared ahead on Tuesday on the back of higher oil prices driven up by rising tensions in the Middle East and ahead of US President Donald Trump's visit to China.

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