Daily Debrief: What Happened Today

Stories you might have missed

As new dine-in ban looms, eateries, retailers reiterate call for help with rents and wages

BESIDES wage support, the Alliance of Frontline Business Trade Associations has asked for an extension of a bank loan principal moratorium to June 2022, as well as "timely rental rebates commensurate with revenue impact".

Court grants winding-up order for Hyflux

THE Singapore High Court on Wednesday granted an order to wind up beleaguered water-treatment company Hyflux, while former white-knight suitor Utico was ordered to pay S$5,000 to the judicial managers (JMs).

Singapore banks' dividends expected to make comeback in FY2021: IHS Markit

THE data analytics company believes that MAS will remove the cap due to the banks' strong capital positions as a result of last year's conservative measures and improving economic outlook.

Sembmarine flags liquidity issues in response to Sias queries about proposed S$1.5b rights issue

IN a regulatory filing on Monday night, Sembmarine said that the impact of the pandemic has been protracted and could have serious consequences if it does not take action.

Temasek-owned Vertex Venture Holdings raising S$450m in debt

THE funds raised will be used for refinancing of existing borrowings, redemption of any redeemable preference shares, financing of investments, general working capital and general corporate purposes.

ComfortDelGro unit to expand bus service operations in Queensland

CDC's wholly-owned subsidiary, CDC South East Queensland, will acquire the business assets of Young's Bus Service, the largest bus operator in the Rockhampton region, for A$17.5 million (S$17.5 million).

The STI today

STI ekes out 0.25% gain despite re-tightening of Covid-19 measures

THE local blue chip benchmark Straits Times Index (STI) ended the day up 0.25 per cent or 7.80 points at 3,119.