News

The index fund plans to capture $1.01b (US$750m) assets under management within 2020.

It will reduce the pot to $30m if advisors do not support the restructuring agreement.

And Steve Leonard to step down as SGInnovate founding CEO.

Nearly half of the units are between 200-299 sqm in size.

Medtecs International led the gains amongst top active stocks with a 65.39% jump. The Straits Times Index ended 58.77 or 1.81% lower at 3,181.25. The top active stocks were Medtecs International, which surged 65.39%, Singtel, which fell 0.89%, DBS, which inched down 1.34%, Genting Sing, which contracted 3.85%, and Capitaland with a 4.89% decline. The FTSE Mid Cap slid 2.15% whilst the FTSE Small Cap fell 2.41%.

Acts on money changing and payment systems have been repealed.

The company aims to fill the market gap of grade A logistic properties in Japan.

Data centres could feature more strongly in its deal pipeline.

All caveats lodged in the quarter were for resales.

Singapore hotels’ performance will likely imitate the 42% fall in daily average rate during the SARS outbreak.

This includes tax credits of up to 42.5% for the development of use cases for 5G.

Scientific Beta grew its assets under replication by 10 times in four years.

The university recently released a study asserting that developers exchange information on bids during golf time.

Singtel led the gains amongst top active stocks with a 1.5% growth.

A large pool of existing vacant stock remains in the region.

About 62.4% of companies now deliver AI-enabled customer support.