Daily Debrief: What Happened Today (Aug 18)

Stories you might have missed

Father-and-son duo Raj Kumar and Kishin in exclusive due diligence to buy Scotts Square

[SINGAPORE] A potential sale of Scotts Square is in the early stage of being hammered out at a price of about S$320 million.

Grab, Sea see loan books surge in Q2 as financial services drive growth

[SINGAPORE] Financial services is emerging as an increasingly important growth engine for South-east Asia tech giants Grab and Sea, with surging loan growth driving a bigger contribution to earnings in the second quarter.

UOB names Tan Choon Hin to new Asean, Greater China role

[SINGAPORE] UOB has appointed Tan Choon Hin as its head of Asean and Greater China, a new senior role aimed at driving growth from increasing cross-border flows between the two regions.

Koh Brothers Eco Engineering faces up to S$57.6 million in potential legal liabilities

[SINGAPORE] Catalist-listed Koh Brothers Eco Engineering : 5HV -9.65% on Tuesday (Aug 18) disclosed three major legal disputes exposing it to nearly S$57.6 million in potential liabilities.

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Daily Debrief: What Happened Today (Aug 17)

DayOne secures S$530 million green loan from DBS, OCBC and UOB for Singapore data centre

[SINGAPORE] Global digital infrastructure platform DayOne has secured a four-year green loan of S$530 million from local banking giants DBS, OCBC and UOB to finance its first data centre in Singapore, the banks announced in a joint statement on Tuesday (Aug 18).

Stakes high on Philippines’ push to privatise over 40 casinos

[MANILA] As the Philippine government races to strip its state gaming regulator of more than 40 retail casino venues worth an estimated 50 billion pesos (US$813 million) to eliminate conflict of interest, the plan is facing serious pushback and mounting concerns.