News
Winson seeks $41.84m from Standard Chartered Singapore over Hin Leong deal
Winson seeks $41.84m from Standard Chartered Singapore over Hin Leong deal
The oil trading firm is also demanding damages, interest and costs from the bank.
Mapletree's profits down 18% to $1.78b in FY2020
It was driven by lower asset revaluation and disposal gains.
Everbright Water issues $59m worth of asset-backed securities
Proceeds will be used to replenish working capital of the company and its subsidiaries.
The Shoppes at Marina Bay Sands to progressively reopen
It will initially be open only to members of Marina Bay Sands’ loyalty programme.
Digital bank aspirants cut to 14: MAS
They are asked to update their business plans and financial projections.
MNACT claims $8m for damages in Festival Walk
The Hong Kong-based mall was damaged in light of the protests.
Daily Markets Briefing: STI up 0.1%
ComfortDelGro led the gains amongst top active stocks with a 0.61% expansion.
Chart of the Day: Nearly half of Q1 transactions go to $1-1.5m non-landed units
Majority of these transactions are new sale units in districts 5, 7, 14 and 19.
Daily Briefing: Eligible seniors to receive $255m in MediSave top-ups; Hawker centres to feature new seating arrangements during Phase 2.
And InstaReM launches BizPay to SMEs.
Popsical nabs $6.9m in series A funding
This fund will be used for digital and geographic market expansion.
Ascott seizes 139% surge in property volume YTD
These units are scattered across China, Indonesia and Morocco.
Hong Leong Asia ups stake in cement manufacturer to 92.42%
HLA group's subsidiary buys Tasek shares for $57,823.
Enterprise Singapore pledges to help firms as circuit breaker eases
Its hotline was deluged with thousands of enquiries from 3 April to 15 June.
Power consumption surged 22% in May
Apart from WFH arrangement, the hot weather called for more power in cooling appliances.
KKR, Temasek acquire minority stake in real estate developer Vinhomes
It was acquired for $907m (US$650m).
OUE in talks with possible buyer for US Bank Tower
The company clarified that there is no assurance that the talks will result in any sale.
NODX down 4.5% in May
Whilst electronics exports rose 12.5%, non-electronics fell 8.8%.
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Commentary
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