Staff Reporter

UOB to take legal action against Yang Kee Logistics’ ex-CEO

The bank called Ken Koh’s allegations baseless.

European PE firm Inflexion opens Singapore office

It has named Shane Gong as its managing director.

Private residential property prices inch up by 0.6 in Q1

This marks a slowdown from the 2.3% increase in the previous quarter.

GLP secures $480m in funding for data centre

The seed asset is constructed to tier III+ (T3+) standards.

65 Equity Partners, Inflexion secure minority stake in Kee Safety

The investment implies a valuation for Kee Safety of approximately $2.3b (£1.3b).

SG, Peru sign agreement on carbon credits collaboration

This is the first deal Singapore entered into with a Latin American country.

Craig Road shophouse on the market for $10.25m

The property has a land area of 1,558 square feet.

HDB resale prices up 1.5% in Q1

This is slower growth compared to the 2.6% rise in Q4 2024.

Wee Hur completes 37.1% stake disposal for $319.8m

It now holds a 13% indirect interest in each of the Target Group Trusts.

Shell Singapore sells Energy and Chemicals Park to CAPGC

This involved the sale of shares in Aster Chemicals and Energy Pte. Ltd.

Projects and changes salary remain moderate in SG

Salary adjustments keep pace with inflation rather than experience significant increases.

Daily Markets Briefing: STI down 0.09%; Top stock is Hongkong Land

Hongkong Land is the top stock with a 5.32% increase.

COTD: Commute time critical factor for employees when considering new job

A sharp rise in dissatisfaction accompanies longer commutes.

Consortium proposing ESR privatisation names senior adviser

Brett Robson will lead the implementation of strategic priorities and value-creation initiatives.