Daily Debrief: What Happened Today
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Quarz Capital decries 'value destructive' offer for MNACT in proposed merger with MCT
ACTIVIST fund manager Quarz Capital Management has taken issue with what it says is a "value destructive" deal for Mapletree North Asia Commercial Trust (MNACT) to merge with Mapletree Commercial Trust (MCT).
SINGAPORE'S commercial real estate investment volume saw a turnaround in 2021 to US$9 billion in total for the year, a triple-digit increase from 2020's muted activity, according to Real Capital Analytics' (RCA) Asia Pacific Capital Trends report.
HDB resale prices climb for 19th straight month in January: SRX, 99.co
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PRICES of HDB resale flats continued their upward trajectory in January 2022 to book gains for the 19th straight month on the back of broad-based growth across all flat types as well as mature and non-mature estates.
Olam's reorganisation will help unlock units' full potential, says its CEO
AGRI-BUSINESS giant Olam International's current company structure is a "bit too complex" for the group to unlock the full potential of its business units, but the group's reorganisation plans will soon fix this problem, chief executive Sunny Verghese has said.
MSCI to add Grab, 20 stocks to flagship global index
MSCI will add Singaporean ride hailer Grab and 20 other securities to its flagship global index in a quarterly review, the equity index compiler said in a statement late Wednesday (Feb 9).
The STI today
Singapore shares end Thursday in the black, STI up 0.2%
LOCAL stocks finished on an upbeat note on Thursday (Feb 10), with the benchmark Straits Times Index (STI) chalking up a gain for the fourth day in a row this week.
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