News

Far East Orchard secures majority stake in UK student housing firm HFS

It plans to acquire the remaining shares by November 2030.

Centurion’s Han Seng Juan increases stake in company

This brings his deemed interest in the company to 55.738%.

Metro Holdings appoints new Metro Private CEO

Erwin Wuysang Oei will oversee the strategic direction and overall management of Metro’s retail division.

Thakral completes Japan commercial property divestment

The asset has a land area of 806  sq. m. and a gross floor area of 7,925 sq. m.

Aster invests $161.25m for single buoy mooring upgrade

The upgrades will enable greater capacity for energy imports.

Digilife acquires majority stake in Brimax AAC Products

The transaction is expected to be completed on or around 15 November.

InnoTek unit divests 70% stake in Hua Yuan Sheng

This was due to Hua Yuan Sheng facing a decline in export orders.

Singapore residents fall for phishing despite high MFA adoption rates

The report also found 64% of employees had received cybersecurity training.

OKX Singapore launches stablecoin scan-to-pay service with Grab, StraitsX

Merchants will continue to receive Singapore dollars with no changes.

Singapore PRs overseas get 180 days to renew REP under new ICA rules

ICA stressed that once PR status is lost under the new framework, reinstatement will no longer be possible.

Singapore upgrades ASAs with Argentina and Türkiye

The agreement with Türkiye has been expanded to operate up to 17 weekly passenger services.

Daily Markets Briefing: STI up 0.71%; Top stock is YZJ Shipbuilding

Yangzijiang Shipbuilding Holdings Limited is the top stock with a 4.33% increase.

Singapore dominates Southeast Asia’s tech fundjng across all stages

Temasek commands the Private Equity stage with 510 investments.

UOB enables cardholders to redeem rewards at Johor merchants

They can offset bills using their rewards points.

Cordlife faces one-year suspension for cord blood banking service

The suspension requires the company to ensure the safety and quality of its cord blood units.