Daily Briefing: Samsung to stop plasma panel display production; Singapore bank lending up 1.1% in May

And Japan's Accordia tees up for IPO in Singapore.

Samsung SDI Co Ltd said on Tuesday that it will shut down its plasma panel production business, citing the decline in overall demand for plasma display panel televisions. Read more here.
Singapore's total bank lending inched up by 1.1 percent in May from the previous month, preliminary data from the Monetary Authority of Singapore (MAS) revealed today (30 June). This was higher than the 0.6 increase recorded in April. Find out more here.
A Japanese golf course operator said Monday it is planning a public listing in Singapore, aiming to raise up to Sg$782 million ($626 million) through an initial public offering. Know more here.

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