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Daily Debrief: What Happened Today
THE impact, particularly over the next few quarters, will be significant as the country battles a "very intense outbreak", said PM Lee during a visit to Changi Airport Terminal 3.
THIS comes as each manager's independent financial adviser (IFA) has advised the independent directors to give the recommendation, in separate documents issued to unitholders on Friday morning.
ANALYSTS this week lowered their price targets on DBS Group, which may signal similar cuts in target prices for Singapore's other two banks after they report financial results next week.
KEPPEL Corp's associate company Floatel International and Oslo-listed Prosafe were of the view that any near-term completion of a value-enhancing merger was unlikely.
FROM Feb 14 till end 2020, GE customers and/or their immediate family members who are hospitalised due to the novel coronavirus will receive a cash benefit of S$200 per day of hospitalisation, up to a maximum of 60 days.
- Far East H-Trust posts 5% drop in Q4 DPS to 0.95 S cent
- Capital World sinks into the red in Q2, proposes scheme of arrangement
- Accordia Golf Trust posts Q3 DPU of 2.22 S cents
The STI today
On Friday, Singapore's Straits Times Index (STI) barely moved from Thursday's close to end at 3,220.03, just 0.06 point lower. On the week, the blue-chip index advanced 38.55 points or 1.2 per cent from Feb 7's close of 3,181.48.