Singapore
Mohamed Salleh and family want to take Second Chance Properties private at $0.30 per share
Mohamed Salleh and family want to take Second Chance Properties private at $0.30 per share
The offeror owns 85.07% of the company’s shares.
SME performance up in Q2 2024, but expert predicts a flat year
In Q2, the OCBC SME Index hit 50.2, ending five quarters of contraction.
Wealth inequality in Singapore surpasses other APAC nations
Inequality rose by 22.9% between 2008-2023.
Daily Markets Briefing: STI up 0.48%; Top stock is ThaiBev
ThaiBev is the top stock with a 5.54% increase.
Temasek’s net portfolio value rises to $389b in FY 2024
The firm’s unlisted portfolio also grew by $31b.
LTA to end new diesel vehicle registrations by 2025
Diesel cars registered before 2025 will face higher road taxes.
Maybank SG prevents S$1.21m loss across 19 cases
The bank worked with the SPF to intervene in 19 scam cases.
Value of loans to SG SMEs fell by 42% in 2023
There were less SMEs earning $300,000 a month who took out loans.
Civil servants to receive annual $500 well-being subsidy
The government also enhanced the medical and dental benefits of civil servants.
Port wait time falls, but the Red Sea crisis causes delays
The average wait time at the port has declined to two days at most.
SG-Shanghai economic ties strengthen with 7.8% trade growth in 2023
Both nations emphasised expanding cooperation in the digital economy.
Nanofilm clarifies 10% stock surge due to Sydrogen's fuel cell venture
The partnership aims to develop a 250 kW hydrogen fuel cell power module system.
Keppel DC REIT to acquire Tokyo Data Centre 1 for $201m
This marks Keppel DC REIT’s entry into Japan.
SleekFlow names Gao Lei new Chief Technology Officer
He has over two decades of experience in tech leadership.
Azalea offers Astrea 8 retail bonds for public subscription
It is offering $260m Class A-1 and US$50m Class A-2 bonds.
Singapore and Lao PDR ink MOU on carbon credits
The parties will exchange best practices and knowledge of carbon markets.
ST Engineering secures contract for Safran LEAP engine repairs
The two-year contract has an option for an extension.
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