Daily Debrief: What Happened Today

Stories you might have missed

End of road for Singapore's Hin Leong as court grants winding up order

THE firm's JMs - Goh Thien Phong and Chan Kheng Tek of PricewaterhouseCoopers (PwC) - also got their wish to be appointed as Hin Leong Trading's joint liquidators.

Offer price for Jardine Strategic at significant discount to NAV

ANALYST Brian Freitas said that the offer price represents a 30 per cent discount to Jardine Strategic's estimated net asset value of US$46.67 a share, even though it is a 20.2 per cent premium to the close of US$27.45 last Friday.

DBS chief Piyush Gupta's 2020 pay falls 24% as Covid-19 bites

HIS total compensation in 2019 was S$12.13 million, which equates to a difference of about S$2.94 million in the amount received last year.

Two adjoining GCBs on Ewart Park and Holland Rd for sale at S$35m and S$31m respectively

BOTH freeholds have a total site area of 32,800 square feet (sq ft) - the GCB on Ewart Park occupies an area of 17,300 sq ft, while the Holland Road GCB spans 15,500 sq ft.

Singaporean-led Arrow Capital co-sponsors US$240m SPAC with US venture firm

CALLED Tribe Capital Growth Corp I, the SPAC debuted on the Nasdaq on Friday, with its share price closing at US$10.20, up 2 per cent.

The STI today

Singapore stocks end Monday in the black, STI up 1.9% SINGAPORE stocks began the week in the black, with the benchmark Straits Times Index (STI) gaining 57.31 points or 1.9 per cent to close at 3,071.16.