Daily Debrief: What Happened Today (Aug 4)

Stories you might have missed

Lower consent hurdle among changes proposed for en bloc sales to spur redevelopment, protect minority owners

[SINGAPORE] A slew of changes designed to nudge along collective sales of ageing properties are on the cards, with the government on Tuesday proposing amendments to the Land Titles (Strata) Act.

Grab reports US$252 million in Q2 earnings, raises guidance for 2026

[SINGAPORE] Grab announced a profit of US$252 million for the second quarter of 2026, a more than six times increase from the US$35 million in Q2 2025.

Hong Leong Holdings, GuocoLand JV is sole bidder for Berlayar Drive condo site

[SINGAPORE] A tie-up between Hong Leong Holdings unit Intrepid Investments and GuocoLand was the sole bidder for a condo plot on the former Keppel Club site on Tuesday.

Asia’s wealthy investors turning to private markets as AI stocks look ‘frothy’: Brookfield

[SINGAPORE] With public equity valuations in artificial intelligence looking increasingly “frothy”, wealthy investors in Asia seeking exposure to the megatrend should look towards private markets such as infrastructure, where valuations remain far more reasonable, according to global asset manager Brookfield.

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Daily Debrief: What Happened Today (Aug 3)

US-led Orion consortium eyes over US$20 billion for critical minerals projects, targeting South-east Asia

[JAKARTA] A consortium led by US private equity firm Orion Resource Partners plans to invest more than US$20 billion in mining projects, with South-east Asia among its top priorities.

Analysts upbeat on ‘New Keppel’ core operations despite group’s net profit plunge

[SINGAPORE] Analysts remained largely upbeat about Keppel’s core operations, despite a drop in the global asset manager and operator’s first-half net profit.