Singapore gains on industrial, property firms; Thailand falls


SINGAPORE: Singapore shares closed at a near three-week high on Monday, boosted by the industrial and real-estate sectors, while Thailand retreated after a surprise fall in its customs-cleared exports for September.

The city-state's benchmark closed up 0.8%. On Monday, Singapore state investor Temasek Holdings said it was offering to take control of Keppel Corp in a $3 billion deal that will shore up support for the conglomerate, which is battling difficult business conditions.

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