Daily Debrief: What Happened Today
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Grab sets up arm to seek out next unicorn GRAB on Tuesday unveiled Grab Ventures, an initiative to develop innovations in-house, pursue strategic partnerships and seek out South-east Asia's next generation of technology unicorns.
SGX adds 12 mainboard companies to watch list, removes one SINGAPORE Exchange (SGX) added 12 mainboard-listed companies to its watch list for potential delisting and removed one company on June 5 following a mid-year review.
Pacific Radiance reaches indicative terms to place up to US$85m of shares PACIFIC Radiance has signed a non-binding term sheet with potential anchor investors to inject up to US$85 million through a stock placement, the offshore support vessel company announced on Tuesday.
Tat Hong offer closes with offeror controlling 93.62% stake OFFERING vehicle THSC Investments has received valid acceptances of some 705.14 million shares, representing around 93.62 per cent of Tat Hong's total issued shares as at the close of the offer for the crane supplier.
MyRepublic clinches fresh US$60m investment,announces plans for Hong Kong IPO HOMEGROWN fibre broadband company MyRepublic has named Hong Kong as the site of its prospective listing, even while pushing back its time frame to go public.
Freehold Katong Plaza up for collective sale with S$188m expected price FREEHOLD Katong Plaza will be launched for collective sale on June 7, 2018 with a S$188 million expected price, sole marketing agent Huttons Asia announced on Tuesday.
The STI today
Singapore shares close higher on Tuesday SHARE prices in the Singapore bourse closed higher on Tuesday, with the key Straits Times Index up 15.68 points, or 0.45 per cent, to finish at 3,483.16.
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