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Tue, September 29, 2020 – 6:30 pm
Stories that you may have missed
Temasek to offer 10, 30.5 and 50 year US dollar bonds
The new bonds will be issued under the global guaranteed medium-term note program of Temasek Financial (I) Limited (TFin-I) worth US $ 25 billion.
IMDA, mobile network operators to hire and train 1,000 professionals in 5G
Of these, 30 percent are new roles, while the remainder are telecommunications professionals who will be trained in the areas of 5G networking, cybersecurity, and solutions engineering to prepare their jobs for the future.
Strong condo sales targeting HDB upgraders will likely keep the momentum going: DBS
There may be a broader trend of HDB upgraders recycling their public housing floors into private housing, given the strong sales volumes in recent private residential projects, particularly the one at Penrose.
Travel startup KKday raises $ 75 million in Series C funding
Led by Cool Japan Fund and the Taiwan National Development Fund, the round also featured participation from existing investors, including Monk’s Hill Ventures and MindWorks Capital.
Other property related to childcare for sale; Exercise of EOI at a guide price of S $ 14.8 million
A SECOND childcare-related property is up for sale this week, with consultants calling those assets “rare.”
CapitaLand Mall Trust and CapitaLand Commercial Trust shareholders vote in favor of proposed merger
THE PARTICIPANTS of the CapitaLand Mall Trust (CMT) and CapitaLand Commercial Trust (CCT) voted “roundly” Tuesday in favor of the proposed merger of CMT and CCT to form a new real estate investment trust (Reit).
The president of Redas asks for a pardon from ABSD for those who improve for the first time
AFTER the government crackdown on Monday on reissuing of purchase options (OTP) by private home developers, Redas has urged the government to urgently consider allowing first-time upgraders from an HDB floor to a private property to defer the payment of the additional. Buyer’s Stamp Duty (ABSD) up to six months after completion of the private property.
ITS today
STI down 0.5% along with silent trading in Asian markets
The Straits Times (STI) index fell along with quiet trading in other Asian markets on Tuesday, falling 11.4 points or 0.46 percent to finish at 2,471.61.
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