Daily Debrief: What Happened Today (Nov 25)

Stories you might have missed

Residential tower Starpoint in Pasir Panjang sold for S$55.3 million to Stalford International Education

[SINGAPORE] Starpoint, a freehold residential development in Pasir Panjang, has been sold for S$55.3 million to education service provider Stalford International Education.

OCBC’s Lion Global Investors launches Singapore’s first physical gold fund

[SINGAPORE] OCBC’s Lion Global Investors announced on Tuesday (Nov 25) the launch of the first physical gold fund that is insured and securely vaulted in Singapore.

A stronger ringgit is unleashing Malaysians’ demand for premium travel destinations, experiences

[KUALA LUMPUR/JOHOR BAHRU] As the ringgit climbs, Malaysians are dreaming bigger, widening their travel horizons from Paris and London to Istanbul, even as traditional favourites like Bangkok, Tokyo and Bali remain strong.

Grab-backed digital lender Superbank targets up to 3.1 trillion rupiah in December IPO

[JAKARTA] Superbank, the Indonesian digital lender backed by Grab and a group of regional tech and telecom giants, has announced plans to raise as much as 3.1 trillion rupiah (S$241.8 million) through an initial public offering (IPO) in mid-December, marking one of the country’s biggest fintech listings in recent years.

iFly Sentosa parent sues Simba over equipment ‘trespass’

[SINGAPORE] Skyventure VWT, which provides an indoor skydiving experience through AltitudeX on Sentosa island, has taken telco Simba to court over alleged equipment “trespass”.

Johor, Ditrolic Energy partner World Bank’s IFC to develop US$6 billion solar-and-storage hub to power JS-SEZ

[KUALA LUMPUR] The International Finance Corporation (IFC), Johor’s investment arm Permodalan Darul Ta’zim (PDT), and Malaysia-based integrated energy company Ditrolic Energy have teamed up to build a US$6 billion solar-and-storage corridor, aimed at powering Johor’s next phase of industrial expansion.