Daily Debrief: What Happened Today (Jul 16)
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ABOUT S$164 million of 1Malaysia Development Berhad-related assets in Singapore remain seized or prohibited from disposal, the Singapore Police Force said in response to media queries on Tuesday (Jul 16).
Sats signs MOU with SF Group to extend partnership to more global locations
AIR cargo handler Sats is looking to take its partnership with Chinese express delivery and logistics service provider SF Group to more global locations, under a newly signed Memorandum of Understanding.
Fitch downgrades LMIRT to ‘C’ from ‘CCC’ on distressed debt exchange
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FITCH Ratings has downgraded the long-term issuer default rating of Lippo Malls Indonesia Retail Trust to “C” from “CCC”.
Elite UK Reit unit inks £135 million facilities agreement
ELITE UK Real Estate Investment Trust has entered into a facilities agreement for term and revolving facilities of up to £135 million (S$235.3 million) over a term of 39 months.
Declines in DBS, OCBC weigh on STI, which closes marginally down
THE Straits Times Index closed at 3,487.91 on Tuesday, down 11.98 points or 0.3 per cent, as declines in the shares of DBS and OCBC weighed on the benchmark’s performance.
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