Daily Debrief: What Happened Today (Nov 19)
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HAVING identified “a number of areas that require rectification and substantial improvement”, Singapore’s Gambling Regulatory Authority recommended that RWS’ next evaluation be carried out in two years, in 2026.
Keppel DC Reit to acquire 2 hyperscale data centres from sponsor Keppel for S$1.4 billion
THE deal, which will be 8.1% accretive to the Reit’s distribution per unit, is expected to be completed by end-2025.
DBS, OCBC, UOB, Maybank syndicating Singapore’s biggest loan of S$12 billion for Marina Bay Sands
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THE 7-year facility, which will be syndicated to other financiers, will refinance an existing S$4b borrowing.
WeWork gives up two Singapore prime locations in sign of co-working woes
A WEWORK spokesperson said in a statement that despite Singapore being a “priority market,” it has “made the difficult decision” not to renew leases at the two locations.
COP29: Singapore and Zambia ink carbon credit deal
THIS will pave the way for both sides to trade carbon credits aligned with Article 6 of the Paris Agreement.
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