News
No Signboard submits revised trading resumption proposal to SGX
No Signboard submits revised trading resumption proposal to SGX
Trading of the company’s shares has been suspended since 24 January 2022.
Conservation Shophouse at Tanjong Pajar for sale at $14.6m
The shophouse sale will be conducted through Expression of Interest.
SG climbs to 5th rank in 2023 Global Innovation Index
It is now the highest-ranking Asian market in the index, beating South Korea.
Heads up Singaporeans: Water bills rise to 50 cents per cubic metre in phases over 2 years
Three in four homes will see an increase of less than $10 monthly in water bills.
SGX adjusts conversion price of €240m convertible bonds
The adjusted conversion price will be $12.0532.
IP Injunction withdrawn but No Signboard to pay $6,500 to GuGong: High Court
GuGong will receive $6,500 from No SignBoard with reasonable disbursements.
APAC Realty expands in Australia
The ERA brand inked a 15-year franchise agreement with Queensland 888.
ARA H-REIT to refinance $370m loan facilities
The company and its subsidiaries underwent amendments in a facility agreement.
Offer to take LHN Logistics private closes with 99.14% acceptances
Following the close of the offer, LHN Logistics will be delisted from the Catalist Board of SGX-ST.
OUE Healthcare declares unconditional its offer to delist Healthway Medical
It has received valid acceptances amounting to 2,289,294,145 shares.
EC World REIT defers payment to unitholders over insufficient cash
The property investment firm is working with the sponsor group.
SATS opens Premier Check-in Lounge in Changi Airport Terminal 2
The new check-in lounge can accommodate up to 20 passengers.
Gov’t to provide support to adult education, ITE grads to address socioeconomic challenges
Strengthening the SkillsFuture programme is a crucial part of it.
Daily Markets Briefing: STI down 0.47%; Jardine C&C is most active stock
Jardine Cycle & Carriage closed trading at 1.60% up.
Value of M&A deals drop 65% YoY in 9M23
The number of deals likewise declined.
Hospitality REITs to get a boost from the normalisation of leisure and business travel
The travel and tourism sector is expected to grow at a 10-year CAGR of 5% to US$15.5t in 2033.
MAS proposes use of carbon credits to accelerate retirement of coal power plants
The central bank published a paper on how this can be done.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform