Singapore

The group is now one of the region’s largest real estate groups with over $123b of AUM.

The SBF-Experian SME Index fell 1.95% and recorded the lowest reading since 2013.

Departmental conflict was cited by respondents as a key factor.

Wilmar led the gains after its stock grew 1.93%.

The Smart Nation blueprint fuels demand for individuals skilled in cloud computing and data mining.

And Mediacorp launches a new Chinese digital portal.

Its main and junior markets accounted for 61% of ASEAN’s IPO proceeds.

He will succeed Chia Wee Boon, who will retire after 10 years with the company.

Around 80% of its products at the 12,000 sqft space are smart home-compatible.

5G trials will be conducted at the PSA Living Lab in Pasir Panjang Terminal in Q3.

Customs-certified firms will undergo less documentary and cargo inspections.

It will remain listed on the SGX-ST after 11.36% of shareholders voted against its delisting.

She has served as head of CCB Singapore since 2013. Citi named Hsiu-Yi Lin as ASEAN Head of Citi Commercial Bank (CCB). She will lead the CCB business across ASEAN in addition to her current role as CCB Head for Citi in Singapore. With her new role, Hsiu-Yi will be responsible for driving business strategy across ASEAN where Citi banks on multinational and local clients across Singapore, Malaysia, Thailand, Vietnam and Indonesia. Hsiu-Yi has over 25 years of experience in the banking industry including securitization, treasury, trade and product management in the US and Asia. She has been the head of the CCB Singapore since 2013. Born and raised in Malaysia, Hsiu-Yi holds an MBA from Harvard Business School and a Bachelor of Arts degree in Computer Science and Physics from Wellesley College. “Hsiu-Yi’s strong track record in managing various businesses across different markets means she is well placed to further grow our business in ASEAN,” said Rajat Madhok, Citi head of commercial banking, Asia Pacific.

The agreement also includes both firms’ subsidiaries SilkAir, Scoot, and Firefly.

This comprises an aggregate amount of $350m in bank loans and a $20m revolving credit facility.

As at 27 June, Salacca will own and control 88.13% of the total number of Boardroom shares.