News
Sembcorp Marine rights issue undersubscribed
Sembcorp Marine rights issue undersubscribed
Temasek bought the remaining almost 1.03b unsubscribed rights shares.
Yanlord's contracted presales hit $9.56b in August
Its total contracted presales rose 73.5% in the first eight months of 2020.
Keppel REIT trustee to issue 3.15% perpetual securities at $150m
They will be issued on 11 September.
Business sentiment still negative in Q4: SCCB
But the financial, manufacturing, and services sectors’ outlooks improved slightly.
Hiring activity remains muted in Q4: survey
More than 26% of employers expect recovery to take 10-12 months.
Daily Markets Briefing: STI up 0.06%
Medtecs International led the gains amongst top active stocks with a 4.35% expansion.
Chart of the Day: 17% of stock market cap received highest net inflows
The combined $401m in daily turnover for the 30 stocks was up 62%.
GDP to decline 6% in 2020: survey
The economy shrunk faster than expected in Q2.
Big three banks average 4.2% total returns in August: SGX
OCBC, DBS, and UOB maintained a combined net interest income of $5.4b in Q2.
Starhub, M1 fined $610,000 in total for service disruptions
Up to 250,000 Starhub subscribers and 18,000 M1 subscribers were affected.
Aon forms Singapore coalition for economic recovery
It will focus on work, travel and convene efforts across leading businesses.
GIC joins consortium investing $570m in biotech firm I-Mab
The consortium was led by Hillhouse Capital Group.
Daily Markets Briefing: STI down 0.87%
Medtecs International led the gains amongst top active stocks with a 5.34% expansion.
Majority of Singaporeans 'frustrated' due to tech challenges in remote work: study
71% feel frustrated due to network issues and latency.
Frasers Centrepoint Trust buys remaining 63.1% capital in AsiaRetail Fund for $1.06b
FCT also plans to raise $1.3b via an equity fundraising.
MAS floats new SGD facility for banks
Collaterals including cash and marketable securities will be accepted.
Hospitality sector face slow recovery in H2: analyst
The rise of staycation and travel bubbles could provide support to the sector.
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