Daily Debrief: What Happened Today
Stories you might have missed
Close to 5,000 BTO flats launched in August including 2 prime projects
THE Housing and Development Board (HDB) has launched 4,993 flats for sale under its August build-to-order (BTO) exercise.
Pall Corp boosts semiconductor market with US$100 million manufacturing facility
FILTRATION, separation and purification technology company Pall Corporation broke ground for a US$100 million manufacturing facility in Singapore on Tuesday (Aug 30), making it the latest addition to the nation’s recent wave of investments in the chip making sector.
Temasek, HSBC launch infrastructure debt financing company with US$150m equity commitment
STATE investor Temasek and HSBC Holdings have officially launched their sustainable infrastructure debt financing company, Pentagreen Capital.
Recruitment startup Glints raises US$50m in Series D funds
GLINTS, a Singapore-based talent recruitment startup, has raised US$50 million in a Series D round co-led by DCM Ventures, Lavender Hill Capital and its existing investor Persol Holdings.
Olam’s OFI obtains US$1.98b sustainability-linked loan
OLAM Group’s wholly-owned food ingredients unit Olam Food Ingredients (OFI) has obtained a multi-tranche, sustainability-linked facility aggregating about US$1.98 billion from a total of 19 banks from Australia, Canada, Europe, Japan, the Middle East, Singapore and the US.
Corporate Earnings
The STI today
STI gains ground with 0.53% jump
SINGAPORE shares paid little heed to Wall Street’s overnight losses and gained ground on Tuesday (Aug 30), recouping much of the previous day’s losses sparked by rate hike jitters.
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