Singapore

Seatrium buys back 1.24 million shares

The company paid $1.5507 per share.

Mooreast to enhance production with Seatrium facility purchase

Operations in the new facility will start by the end of 2024.

OCBC Securities launches Singapore’s first AI stock-picker 

The AI-powered tool will be key to boosting its pool of active investors.

Shell unit takes over Pavilion Energy

The oil firm aims to complete the acquisition by early 2025.

Singapore new home sales drop for the second month in May 

Home sales plunged to a record low for the month of May since 2008.

Singapore-based biotech firm ArrowBiome raises US$1m in seed funding

The firm looks to tap the booming global market of skincare.

CapitaLand adopts CaaS systems in three flagship commercial properties in Singapore

Raffles City Singapore will be the largest development in the city-state to have a CaaS model.

SingHaiyi-led JV to launch Sora at $2,180 psf 

The luxury condo will be built on the plot of the former Park View Mansions.

GuocoLand’s Lentor Mansion cuts heat and energy costs with green features

Its solar panels offset energy consumption in common areas by 60%.

Daily Markets Briefing: STI up 0.13%; Top stock is Jardine C&C

Jardine C&C is the top stock with a 3.11% increase.

MAS and CAD probe Seatrium on potential links to Brazil corruption case

The potential offences include corruption, drug trafficking, and serious crimes.

Kuok Khoon Hong raises stake in Wilmar International to 14.1%

Kuok currently holds 880.1 million shares in Wilmar.

ST Engineering lands $100m in new ammunition orders from Europe

The orders comprise NATO standard 155mm and 40mm ammunition.

OCBC Digital Silvers Programme targets 10,000 “digitally shy” elderly

The bank kicked off the programme in 2024 with a carnival-style event at Bishan Community Club.