Daily Debrief: What Happened Today (Jan 28)
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Khazanah and Temasek are considering selling Marina One for S$5-6 billion. ST Engineering reported record contract wins of S$18.7 billion for FY2025. Nanyang Optical plans voluntary liquidation after 65 years, closing 4 of 6 stores. Indonesian stocks fell after MSCI raised concerns over ownership structures. Singapore firms are projected to grow revenue by S$12.3 billion in 2025 with EnterpriseSG support, creating 10,000 jobs. The share of loss-making condo resales increased for the third consecutive quarter in Q4 2025.
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