Singapore
IHH Healthcare denies collusion with former Fortis owners
IHH Healthcare denies collusion with former Fortis owners
Its subsidiary only acquired shares after the exit of its erstwhile owners.
Senoko Energy denies seeking loans to weather oversupply issues
It said it has explored the possibility with EMA but currently sees no need for it.
Fintech startup GoBear's two co-founders to step down
This follows the resignation of former CEO Andre Hesselink in 2018.
Over 1,300 food delivery riders could get hit by e-scooter ban
Deliveroo and foodpanda said they will stop working with errant riders in light of the ban.
Top three oil & gas stocks averaged total return of 105.3% QTD
Rex International leads the pack with a total return of 144.9%.
Ascendas India Trust raises $150m from oversubscribed private placement
It will be used to fund a business park development in Bangalore.
Daily Briefing: Coda Payments raises $27m in funding round; Securities platform iSTOX bags $6.8m from Tokai Tokyo
And only a fifth of employees are satisfied with their health and wellness benefits.
Daily Markets Briefing: STI down 0.61%
YZJ Shipbuilding saw the sharpest decline amongst top active stocks with a 1.85% slip.
Chart of the Day: Condos priced below $1m dominates OCR resales in Q3
Buyers were able to purchase bigger units in the resale market compared to the new sale market.
China's Ant Financial eyes virtual banking licence in Singapore
It has not disclosed if it will seek a retail or wholesale licence.
Cambodia's GDP growth will slow to 6.7% in 2019: Fitch Solutions
The EU’s withdrawal of trade privileges in the country will hit the manufacturing sector.
ST Engineering eyes doubling smart city revenue to $1b by 2022
Its Newtec buy could give the business segment a boost.
Malaysia's new economic corridor gives tailwinds to shelved rail project
The economic corridor from Kuala Lumpur to Johor will likely run parallel to the HSR’s alignment.
Oxley cuts stake in United Engineers to less than 10%
This follows Yanlord’s acquisition of a majority stake in the firm.
Temasek Poly to train 200 OCBC staff on cybersecurity
The Cyber Certification Pathway is part of the bank’s $20m initiative to train employees on future skills.
MCT issues 10-year $250m fixed rate notes
It will be used for refinancing borrowings by MCT and its subsidiaries.
Ascendas property fund to raise $100m through private placement
This will fund a business park development in Bangalore.
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