Daily Debrief: What Happened Today
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Keppel appeals for stronger valuations with reorganisation
KEPPEL Corporation will simplify its organisational structure into a new “horizontally integrated operating model” amid plans to transform into a global alternative real asset manager.
Dyson to set up next-gen battery plant in Singapore, double advanced manufacturing footprint in 2023
GLOBAL technology firm Dyson is setting up a next-generation battery plant in Singapore as part of plans to double its advanced manufacturing footprint this year.
Lian Beng makes final offer of S$0.68 per share in privatisation bid
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LIAN Beng Group’s controlling Ong family, through its investment holding company OSC Capital, has made a final offer consideration to take the company private at S$0.68 per share.
Advance Intelligence Group raises US$80 million from investor group
ADVANCE Intelligence Group, a Singapore-based artificial intelligence (AI) tech startup, announced on Wednesday (May 3) that it has raised US$80 million from an investor consortium.
Heartland shops get a visual makeover
SINCE August 2021, more than 200 heartland stores have gotten help to refresh their layouts under Heartland Enterprise Centre Singapore (HECS) and Enterprise Singapore’s Visual Merchandising programme.
The STI today
Singapore stocks slip alongside other Asian markets ahead of Fed rate decision; STI down 0.6%
SINGAPORE stocks fell on Wednesday (May 3) mirroring regional markets and tracking overnight losses in the US as investors remained cautious ahead of the US Federal Reserve’s interest rate decision.
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