News

Wilmar led the gains after its stock grew 1.93%.

The Smart Nation blueprint fuels demand for individuals skilled in cloud computing and data mining.

And Mediacorp launches a new Chinese digital portal.

Its main and junior markets accounted for 61% of ASEAN’s IPO proceeds.

Around 80% of its products at the 12,000 sqft space are smart home-compatible.

5G trials will be conducted at the PSA Living Lab in Pasir Panjang Terminal in Q3.

It will remain listed on the SGX-ST after 11.36% of shareholders voted against its delisting.

The agreement also includes both firms’ subsidiaries SilkAir, Scoot, and Firefly.

This comprises an aggregate amount of $350m in bank loans and a $20m revolving credit facility.

The lease could see Frasers Commercial Trust’s FY 2020 NPI and DPU up 1.5%.

Its proceeds will fund the expansion of its franchise network and establishment of a new central kitchen in Malaysia.

They spend $624 on average for in-store travel-related transactions.

UOB led the gains after its stock grew 1.79%.

And UOB poaches HSBC’s Singapore head of retail business banking.

It eyes to raise $8.81b from June 2018 to end-2019. Grab secured $406.55m (US$300m) boost from global investment management firm Invesco. This puts the Singaporean superapp on track to meet its aim to raise $8.81b (US$6.5b) in total capital between June 2018 and the end of 2019. Invesco’s additional investment in Grab has hit $952.69m (US$703m) in total. Earlier in 2019, Invesco successfully completed its acquisition of OppenheimerFunds, which first invested $546.14m (US$403m) in Grab in July 2018. “We have been closely watching Southeast Asia and have every confidence in Grab’s ability to unlock new opportunities across on-demand mobility, delivery and financial services in the region,” said Justin Leverenz, team leader and senior portfolio manager (Invesco Emerging Markets), Invesco.

Together, the three sites can yield about 1,545 residential units.