Daily Debrief: What Happened Today

Stories you might have missed

SIA expects MCB's S$6.2b to last till early 2023; privatisation is shareholders' call

THE investor watchdog last week quizzed the flag carrier on various aspects including whether the group, majority-owned by state investor Temasek, would be privatised and the circumstances surrounding the impending issuance of MCBs.

CapitaLand, Frasers and SGTUFF members part of new fair tenancy committee

THE Fair Tenancy Industry Committee will ensure compliance to the new code of conduct that is set to become mandatory via legislation for all retail tenancies in Singapore.

SingPost group CEO Paul Coutts resigns 'to pursue other opportunities'

SINGPOST said its board and Mr Coutts had agreed that a leadership renewal transition would take place this year.

Heritas Capital hits first close of US$150m third growth-fund

THE fund aims to back 10 to 15 companies with innovative and impactful solutions aligned with select United Nations sustainable development goals.

EH-Reit gets court nod to sell 14 properties for US$481.9m; all objections overruled

THIS translates to a net increase of US$24.8 million in the aggregate consideration for the properties compared to the amount that would have been raised from the stalking horse bid on its own.

Singapore's Tiga Investments, KKR to acquire co-working office operator The Executive Centre

IN Singapore, The Executive Centre's portfolio comprises units at Frasers Tower, Marina Bay Financial Tower 1, Ocean Financial Centre, One Raffles Quay, Six Battery Road, and The Gateway West.

The STI today

STI up 0.73%, in line with most Asian markets

THE benchmark Straits Times Index (STI) was up 0.73 per cent or 22.95 points at 3,187.23 points.