Daily Debrief: What Happened Today (Apr 24)
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Hospitality veterans David Michels, Howard Panter appointed to Millennium & Copthorne board
THIS follows the resignation of three directors linked to CDL’s high-profile boardroom tussle.
Singapore gas supply secure; higher power prices may benefit units: Sembcorp
SEMBCORP Power, Senoko Energy may gain from selling excess capacity into the spot market.
Office rents in Singapore’s central region fall 0.2% in Q1: URA
ISLANDWIDE office vacancy rate falls to 10.8% as at end-Q1, from 11.1% in the previous quarter.
Risk of a big war insurance claim is rising: marine insurers
IT IS reported that there are about 20,000 crew members and 800 vessels still stuck in the war zone.
REVENUE for the quarter improves 8% at S$426.7 million.
Frasers Centrepoint Trust’s H1 DPU rises 1.4% to S$0.06136
DISTRIBUTION to unitholders for the period up 13.6% at S$125 million.
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