News
Lendlease floats tenant support package
It includes up to 0.2 months rent abatement per month for April and May.
United Hampshire US REIT debuts at $1.02 on SGX
This is 10% lower than its IPO of $1.12 per unit.
Sasseur REIT reopens Chongqing and Bishan outlet malls
Its China malls were temporarily shuttered seven weeks ago due to the outbreak.
SIAS to hold independent briefings to Hyflux P&P holders
Details on the upcoming sessions will commence from 23 March.
Daily Markets Briefing: STI down 3.77%
OCBC Bank saw the sharpest decline amongst top active stocks with a 4.11% contraction.
Chart of the Day: Gen Z prefers physical stores despite being big online spenders
Gen Z view physical stores as more trustworthy than online sales.
Daily Briefing: Cashback app ShopBack raises $105.9m in Series B funding; SPH Ventures backs US-based influence.co
And IMDA has suspended virtual telco Zero Mobile’s licence over billing disputes.
A third of SGC members expect over 10% revenue loss in H1 2020
Two-thirds saw a moderately disruptive impact on their business due to the outbreak.
COVID-19 could drive DBS and OCBC's dividends to over 6%
But net profit forecasts had been cut by 5.8% and 3.7%, respectively.
Market Update: STI down 3.41%
The big three banks have fallen more than 3% each.
Are MNCs in Singapore auditing their global offices?
Only a quarter feel confident that their overseas units are legally compliant.
United Hampshire US REIT's IPO subscribed 3.2 times
Its placement tranche received indications of interest exceeding $307.36m.
Returns of top 20 stocks dropped 3.8% YTD
Stocks were hit by the 30% fall in crude oil price.
AIA Singapore's 2019 operating profit hikes 6% to $813m
Total weighted premium income rose 8% to $4.07m.
OCBC launches cheque encashment service in select ATMs
Customers will be able to encash up to $30,000 in a single cheque in ATMs at 23 branches.
StarHub buys 88% stake in ICT firm Strateq for $82m
The acquisition will be completed in H1 2020.
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