Daily Debrief: What Happened Today

Stories you might have missed

Tech listings to fuel Asia's IPO markets as more players step out of China's shadow

WHILE Beijing's regulatory crackdown has stirred volatility, strong levels of activity in markets like South Korea, India and South-east Asia will continue to drive Asia's initial public offering (IPO) frenzy.

SIA still has liquidity but recovery depends on border reopenings: analysts

SINGAPORE Airlines may have used up all the proceeds from its S$8.8 billion rights issue undertaken in 2020, but analysts said the airline's current liquidity would still be sufficient for it to ride out the next couple of years.

Temasek makes mandatory general offer of S$0.08 per share for Sembcorp Marine

THROUGH its indirect wholly-owned subsidiary, Startree Investments, Temasek said Startree intends to keep Sembmarine listed on the Singapore Exchange following the completion of the offer.

Gilstead Road site up for sale with S$91.8m asking price

SOLE marketing agent Edmund Tie said the site, which spans about 43,457 sq ft, can be redeveloped to accommodate up to 56 residential units, subject to planning approval.

SoftBank, Al Gore's Generation back luxury resale marketplace Vestiaire Collective in US$210m round

THIS latest round gives the European startup a US$1.7 billion valuation.