Daily Debrief: What Happened Today

Stories you might have missed

SIA Engineering opens new S$9m aircraft engine services facility in Singapore

AIRCRAFT services provider SIA Engineering (SIAEC) will be opening its new aircraft engine services facility in Singapore on Friday (Feb 18), to provide maintenance to French aerospace engine manufacturer Safran Aircraft Engines (SAE).

Asian capital to double investment in London offices in 2022, fuelled by Singapore investors: report GLOBAL real estate adviser Knight Frank on Friday (Feb 18) said the central London office market is likely to attract £4.1 billion (S$7.5 billion) of capital from the Asia-Pacific region in 2022, with a substantial volume to come from Singapore.

Tee International ordered to provide various documents to CAD TEE International on Friday (Feb 18) said it received an order on Feb 17 to produce various documents to the Commercial Affairs Department (CAD) to assist with an investigation regarding an offence under the Securities and Futures Act (SFA).

UOB's Sydney branch prices A$900m in floating rate notes due 2027

UOB's Sydney branch intends to issue A$900 million (S$868 million) in floating rate notes due 2027 under its US$15 billion global medium term note programme, the bank said in a bourse filing on Friday (Feb 18).

Stablecoin issuer's SPAC deal value doubles to US$9b

CIRCLE Internet Financial, the issuer of the cryptocurrency USDC stablecoin, said the terms of its planned merger with special purpose acquisition company (SPAC) Concord Acquisition have changed and the value of the transaction has doubled to US$9 billion.

Corporate Earnings

• Sasseur Reit posts 1.8% drop in Q4 DPU to S$0.019 after retention
• Singapura Finance H2 profit up 67% to S$4.7m, full year up 101.8%

The STI today

Singapore stocks fall on Friday amid mixed trading in Asia; STI down 0.4%

SINGAPORE shares closed lower on Friday (Feb 18), amid mixed trading in regional markets as investors continued to keep an eye on geopolitical tensions in Ukraine.