News
Olam breaks off $156m deal on US onion and garlic facility
Olam breaks off $156m deal on US onion and garlic facility
Mesirow has been unable to secure the required debt and equity financing.
Insurance regulators extend COVID-19 coverage to CCF, CRF patients
Patients may claim hospital cash benefits for a maximum of 14 days.
Sasseur REIT's first-day spring sales skyrocketed 411% from reopening
Chongqing nabbed the largest share of the first-day spring sales at $5.16m.
Lendlease REIT's NPI up 4% to $16.6m in Q1 from IPO forecasts
Its DPU rose to 1.28 cents from 1.27 cents.
Keppel appoints Evercore Asia as financial adviser
This is despite the pre-conditions not being met as of now.
SGX, AMTD partner to enhance connectivity between financial markets
The collaboration aims to support entrepreneurs through its initiatives.
MPA, NUS pool $50,000 each to fund 12 startups
This will enable startups to conduct prototype development and test solutions.
PMI dips further to 44.7 in April
This is said to be the lowest reading since 2008.
Share buyback considerations hit $36.3m in April
SATS bought back a total of 535,000 shares for $2.93 per share over 1-7 April.
Chart of the Day: Cheap condos dominate Q1 sales to top three foreign buyers
Over half of condos bought by Chinese, Malaysian and Indian buyers were priced below $1.5m.
Daily Briefing: Zero or single-digit cases needed to lift ‘circuit breaker'; hospitality association co-launches hotel benchmarking tools
And financial comparison startup GoBear buys fintech startup AsiaKredit.
Daily Markets Briefing: STI down 2.31%
Singtel saw the sharpest decline amongst top active stocks with a 3.89% drop.
Oxley to clinch $1.4b revenue from Singapore projects
It has sold 73% of its islandwide development portfolio.
UOL extends 50% rental rebates to eligible tenants for June-July
The group will reportedly grant over $50m in total relief package for its retail tenants.
CapitaLand Mall Trust's NPI up 5.9% to $148.3m in Q1
But DPU is 70.5% lower as CMT retains part of taxable income to brace for pandemic’s impact.
SATS expects 60-70% profit loss in Q4
The group said it may lose as much as $70m for Q1 2021.
Support grant extended to jobless Singaporeans
Those who lost at least 30% of their salary can receive up to $500 per month.
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