Daily Debrief: What Happened Today (Dec 1)

Stories you might have missed

Temasek portfolio companies may divest its ‘dirty’ assets to provide clarity on net-zero plans

SINGAPORE’S state investor Temasek has long maintained that it will not divest from its carbon-intensive portfolio companies, instead choosing to work alongside them in their decarbonisation journey.

OCBC seeks at least S$19.7 million, mortgaged Sentosa Cove villa from money laundering accused Su Baolin

OCBC has filed a claim in Singapore’s High Court, seeking at least S$19.7 million from money-laundering accused Su Baolin, as well as possession of his mortgaged Sentosa Cove villa.

Tearing down Singapore’s love of brand-new buildings

TAYLOR Swift had been singing longer than Bedok Point had been standing, when developer Frasers Property said in 2021 that it would tear down the four-storey mall at 11 years of age. In its place: Sky Eden@Bedok, a 17-storey residential-commercial hybrid.

GXBank launches as Malaysia’s first digital bank, offers debit card

GXBANK has launched its digital banking app nationwide in Malaysia.

Independent VTAC shareholders redeem nearly all capital ahead of 17Live combination

VERTEX Technology Acquisition Corp’s (VTAC) shareholders will redeem close to two-thirds of the share capital of the special-purpose acquisition company (Spac), it said on Friday (Dec 1).

Singapore stocks end higher amid mixed regional trading; STI up 0.6%

SINGAPORE stocks ended higher on Friday (Dec 1), amid mixed trading in the region. The benchmark Straits Times Index (STI) gained 0.6 per cent or 17.32 points to 3,090.31.