[ad_1]
Stories that you may have missed
Sabana-ESR Merger: MAS says there are safeguards, the manager points to a ‘fair’ scheme
The Monetary Authority of Singapore clarified on Friday that its regulatory framework does not prohibit a group of shareholders from owning substantial stakes in two real estate investment trust (Reit) managers who manage Reits invested in the same property class.
Singapore Seeks ‘Quality’ Workforce in New Rules for Foreign Workers: Chan Chun Sing
SINGAPORE will remain “open and connected” as a financial center even as it tightens restrictions on foreign workers to protect local jobs amid the recovery from the coronavirus pandemic, Trade and Industry Minister Chan Chun Sing said.
OCBC seeks to put KS Energy under judicial management
OCBC has filed applications with the Singapore High Court to place KS Energy and its main subsidiary KS Drilling under judicial management, although the troubled offshore and marine group is suggesting an alternative solution.
Axington EGM postponed; the company confirms the resignation of director Kirk Wagar
AXINGTON’s board of directors announced on Friday that an extraordinary general meeting that was scheduled for yesterday had been postponed.
CareShield Life begins October 1 for Singapore residents born in 1980 or later
CARESHIELD Life, which offers lifetime payments of at least S $ 600 per month in the event of a severe disability requiring long-term care, will begin on October 1 of this year.
Food supplier Neo Group to diversify into real estate with Boldtek JV
NEO Group seeks to make its foray into real estate development, investment and management.
Corporate earnings
- Creative sinks in the red with H2 loss of $ 9.1 million
- Thomson Medical falls in the red with a net loss of S $ 97.5 million in the middle of the year
- Micro-Mechanics Fourth Quarter Profits Jump 45.5% on Overall Sales Growth
ITS today
STI closes the trading week with a rise of 0.79%; investors seek comfort in the Fed’s latest policy move
SINGAPORE stocks ended the week higher as investor sentiment was boosted by the Federal Reserve’s decision to prioritize a strong labor market over inflation in its new approach to monetary policy.
[ad_2]
