Daily Debrief: What Happened Today (Jun 27)

Published Thu, Jun 27, 2024 · 06:30 PM
    • The owners of High Street Centre are now in the midst of collecting signatures to get an 80 per cent mandate to cut the reserve price.
    • The owners of High Street Centre are now in the midst of collecting signatures to get an 80 per cent mandate to cut the reserve price. PHOTO: CUSHMAN & WAKEFIELD

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    High Street Centre gets offer of under S$700 million for collective sale

    HIGH Street Centre has received an offer of under S$700 million, more than 6 per cent below its reserve price of S$748 million, after its en bloc sale tender closed on Monday (Jun 24).


    SBF re-elects chairman Lim Ming Yan for third term, welcomes six new council members

    SINGAPORE Business Federation (SBF) chairman Lim Ming Yan has been re-elected for a third term, following the business chamber’s 22nd annual general meeting on Thursday (Jun 27), during which six new members were also appointed to its council.


    HDB puts mixed-use site at Tampines Street 94 for sale

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    SINGAPORE’S Housing and Development Board on Thursday (Jun 27) launched a mixed commercial and residential site at Tampines Street 94 for sale via tender.


    Hitachi to deploy Singtel platform for industrial AI solutions

    HITACHI Digital, a subsidiary of Japanese multinational conglomerate Hitachi, will be utilising Singtel’s Paragon platform at its US facilities as part of a new collaboration.


    Indonesia’s EV battery bet benefiting from regional supply chain shift: report

    INDONESIA’S big bet on manufacturing batteries for electric vehicles (EVs) is paying off as the country is one of the main beneficiaries of a realignment in the regional supply chain.


    Singapore stocks buck regional declines on Thursday; STI up 0.4%

    SINGAPORE stocks ended higher on Thursday (Jun 27), tracking gains on Wall Street but bucking declines elsewhere in Asia.

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