Market highlights

 1 Colex Holdings has entered into an agreement to acquire 80 per cent of Vemac Services, which offers repair and maintenance services for refrigerating, air-conditioning and ventilating machinery.

2 SIA Engineering has, together with its joint-venture partners Pratt & Whitney and China Airlines, entered into an agreement with MB Aerospace Newton Abbot to sell Asian Compressor Technology Services.

3 National Australia Bank has reached an agreement worth A$50 million (S$52.3 million) with the Australian Securities and Investments Commission to settle a case over alleged manipulation of a key interest rate.

4 Uber has appointed Ms Laurel Powers-Freeling, who has held a series of banking roles, as its first British chairman as it battles to retain its operating licence in London, its most important European market.

 Keppel Corp units Kephinance Investment and Kepwealth have sold their stakes in an office and residential building in Cebu, the Philippines, for 794 million pesos (S$21 million).

A version of this article appeared in the print edition of The Straits Times on October 28, 2017, with the headline 'Market highlights'. Print Edition | Subscribe