Daily Debrief: What Happened Today

Stories you might have missed

Patrick Daniel to be interim CEO of SPH Media Trust; digital media capacity to be enhanced

ANNOUNCING the appointment on Wednesday, SPH Media Trust chairman Khaw Boon Wan said his immediate priority is to ensure a smooth and "uneventful" transition.

ST Engineering obtains more than S$1.55b in new contracts in Q1

THE engineering conglomerate's defence and public security segment bagged the most contracts, bringing in S$610 million; its commercial aerospace segment won S$573 million while its urban solutions and satellite communications brought in S$371 million.

Only work pass holders entering from lower-risk regions via two travel lanes are unaffected by entry rules: MOM

MOM has since clarified that those entering via approved travel lanes other than the Periodic Commuting Arrangement (PCA) or Reciprocal Green Lane (RGL) are subject to the changed entry approvals.

SGX RegCo queries MC Payment over number of directors needed on its board

GIVEN the size of Catalist-listed MC Payment's operations - with just 20 staff members in Singapore - it may not require a total of 10 directors on its board, up from the current five.

Keppel, industry partners tie up to explore development of LH2 supply infrastructure

KEPPEL Corporation, through its data centre unit Keppel Data Centres Holding, has tied up with four other industry partners to jointly explore the development of a supply infrastructure to bring liquefied hydrogen (LH2) into Singapore to power Keppel's data centres.

Corporate earnings

• CapitaLand reports improving operational performance for Q1
• Frasers Property H1 profit rises 18% to S$275.8m on change in use of industrial properties
• Sasseur Reit Q1 DPU up 31.9% to 1.759 S cents on 'strong business recovery'
• Asian Pay TV Trust posts Q1 DPU of 0.25 S cent; net profit up 20.8%
• AusGroup swings into the black with Q3 net profit of A$102,000
• Golden Agri swings into the black with Q1 net profit of US$41

The STI today

STI falls 0.7% in three-day losing streak

THE key Straits Times Index (STI) fell 21.01 points or 0.67 per cent to finish at 3,123.26 on Wednesday.