News

Daily Markets Briefing: STI down 0.26%; Top stock is ThaiBev

ThaiBev is the top stock with a 1.92% increase.

EDPR and Microsoft partner on 20-year renewable energy deal

The tech company will purchase all energy exported from EDPR’s SolarNova 8 project.

Silverlake Axis plans to go private with $0.36 per share offer

Shareholders can opt to receive $0.30 in cash and one new redeemable preference share in E21.

Lok Yang Way site up for sale via tender

The tender will close on 22 October at 11 am.

Singapore simplifies REIT leverage rules for growth flexibility

New leverage requirements align Singapore REITs with APAC markets.

SGX RegCo mandates delisting of Dragon Group

It will leave the bourse on 9 September.

SeaTown closes private credit fund with US$1.3b

The fund was launched at the end of 2022.

HSA revokes licence of retailer for e-vaporiser violations

It seized over 120 e-vaporisers from the retailers.

Singapore ranks second globally for millionaire population density

There are 4,305 millionaires per 100,000 people in the city.

Great Eastern backs MoH's pre-planning initiative with new legacy programme

This makes the insurer the first one to support the pre-planning campaign.

Wing Tai falls into the red in FY 2024 with $78.7m net loss

Lower revenue and operating profit drove the decline.

Business receipts in service industries rise 9.7% YoY in Q2 2024

Information and Communications led business receipts growth.