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SG Morning Highlights: Gojek joins new carbon-credit project rewarding EV fleets and charge-point operators

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Moomoo News SG wrote a column · Apr 12, 2022 19:44
SG Morning Highlights: Gojek joins new carbon-credit project rewarding EV fleets and charge-point operators
Good morning mooers! Here are things you need to know about today's Singapore:

●Singapore shares opened higher on Wednesday; STI up 0.30%

●Gojek joins new carbon-credit project rewarding EV fleets and charge-point operators

●Stocks to watch: Singtel, Keppel, TeleChoice, ESR-Reit, ALog Trust

-moomoo News SG
Market Trend
Singapore shares opened higher on Wednesday. The $富時新加坡海峽指數(.STI.SG)$increased 0.30 per cent to 3,340.27 as at 9.04am.

Advancers / Decliners is 96 to 34, with 95.63 million securities worth S$67.10 million changing hands.
Breaking News
Gojek joins new carbon-credit project rewarding EV fleets and charge-point operators

Operators of electric vehicle (EV) fleets and charging points in Singapore can soon be awarded carbon credits from emission reductions under a new programme dubbed the Electric Vehicle Accelerator (EVA).
This is believed to be the first such programme in the Asia-Pacific. Gojek, which has a fleet of about 300 EVs in Singapore, is the first to get on board the EVA programme.
The ride-hailing start-up signed a partnership with CRX CarbonBank, a subsidiary of Singapore-based carbon consultancy CRX spearheading EVA, at the programme's launch on Tuesday (Apr 12).

Stocks to Watch
$Singtel(Z74.SG)$ $Keppel(BN4.SG)$ and $TeleChoice Intl - watch list(T41.SG)$ : Singtel and a unit of the subsidiary of Keppel Corporation will each divest their respective 50 per cent stakes in Radiance Communications to a subsidiary of Telechoice International , another mainboard-listed player.

Each seller will pocket S$625,000 from the sale.

$Keppel(BN4.SG)$ :A new housing development comprising 9,000 residential units - about 6,000 public housing flats and about 3,000 private residential units - will come up on the 48-hectare site of Keppel Club on Singapore's southern waterfront.
The first build-to-order (BTO) HDB flats on the site, expected to be highly sought after, are slated to launch within 3 years; the remaining units are scheduled for launch in the next 3 to 5 years, said the Urban Redevelopment Authority (URA).
Whether these flats will come under the Housing and Development Board's Prime Location Public Housing (PLH) model will depend on factors such as "the project's locational attributes and market values", said HDB.

$ESR-LOGOS REIT(J91U.SG)$ and $ARA LOGOS Log Tr(K2LU.SG)$ : THE transfer books and the registers of ESR-Reit unitholders and Ara Logos Logistics Trust unitholders will be closed at 5pm on Apr 21 to determine the entitlements of these unitholders to their respective clean-up distributions for the period from Jan 1 up to a day before the effective date of their merger.
ESR Funds Management, in its regulatory filing as ESR-Reit's manager on Tuesday (Apr 12), provided an indicative timeline on events taking place till the merger becomes effective.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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