Daily Debrief: What Happened Today

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Government raises supply of industrial land with seven hectares offered for H1 2023

THE industrial government land sales programme for the first half of 2023 has been launched with a total site area of 7.16 hectares (ha), up from the previous 6.36 ha released in the last launch.

John Soh gets 36 years’ jail, Quah Su-Ling 20 years for penny stock fraud

JOHN Soh and Quah Su-Ling have been sentenced to prison for their roles in the penny stock crash which wiped out S$8 billion in the implosion.

Latest Singapore Savings Bond gets lukewarm interest

SINGAPORE Savings Bonds (SSBs) allotted on Wednesday (Dec 28) were marginally oversubscribed, with investors applying for up to S$172,500 being fully allotted in an issuance that offers less attractive yields.

UOBKH’s ban from IPO, RTO sponsor activities significant but unsurprising: market watchers

UOB Kay Hian’s (UOBKH) ban from new issue and sponsor activities is a significant one, but comes as no surprise to market watchers polled by The Business Times.

SP Group chairman Hassan Marican to retire; Leong Wai Leng takes over

SP GROUP announced on Wednesday (Dec 28) that its current chairman Hassan Marican will be retiring on Jan 1, 2023.

The STI today

Singapore shares end largely flat on Wednesday

SINGAPORE shares ended the trading session on Wednesday (Dec 28) largely flat, amid mixed trading on Wall Street.