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Notice: Undefined offset: 0 in tes_menu_link__menu_sidebar() (line 100 of /home/testing/The_Edge_Singapore_Website/sites/all/themes/tes/template.php).
Notice: Undefined offset: 0 in tes_menu_link__menu_sidebar() (line 100 of /home/testing/The_Edge_Singapore_Website/sites/all/themes/tes/template.php).
Notice: Undefined offset: 0 in tes_menu_link__menu_sidebar() (line 100 of /home/testing/The_Edge_Singapore_Website/sites/all/themes/tes/template.php).
Notice: Undefined offset: 0 in tes_menu_link__menu_sidebar() (line 100 of /home/testing/The_Edge_Singapore_Website/sites/all/themes/tes/template.php).
Notice: Undefined offset: 0 in tes_menu_link__menu_sidebar() (line 100 of /home/testing/The_Edge_Singapore_Website/sites/all/themes/tes/template.php).
Notice: Undefined offset: 0 in tes_menu_link__menu_sidebar() (line 100 of /home/testing/The_Edge_Singapore_Website/sites/all/themes/tes/template.php).
Notice: Undefined offset: 0 in tes_menu_link__menu_sidebar() (line 100 of /home/testing/The_Edge_Singapore_Website/sites/all/themes/tes/template.php).
Notice: Undefined offset: 0 in tes_menu_link__menu_sidebar() (line 100 of /home/testing/The_Edge_Singapore_Website/sites/all/themes/tes/template.php).
Notice: Undefined offset: 0 in tes_menu_link__menu_sidebar() (line 100 of /home/testing/The_Edge_Singapore_Website/sites/all/themes/tes/template.php).
Notice: session_start(): A session had already been started - ignoring in include() (line 2 of /home/testing/The_Edge_Singapore_Website/sites/all/themes/tes/templates/partials/modal_desktop.tpl.php).
Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'und' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Notice: Trying to get property 'value' of non-object in get_user_profile() (line 1428 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_checkout/tes_checkout.module).
Warning: Use of undefined constant REQUEST_URI - assumed 'REQUEST_URI' (this will throw an Error in a future version of PHP) in include() (line 46 of /home/testing/The_Edge_Singapore_Website/sites/all/themes/tes/templates/html.tpl.php).
Notice: Trying to get property 'field_tags2' of non-object in include() (line 67 of /home/testing/The_Edge_Singapore_Website/sites/all/themes/tes/templates/html.tpl.php).
Warning: Invalid argument supplied for foreach() in include() (line 67 of /home/testing/The_Edge_Singapore_Website/sites/all/themes/tes/templates/html.tpl.php).
Notice: Trying to get property 'nid' of non-object in include() (line 71 of /home/testing/The_Edge_Singapore_Website/sites/all/themes/tes/templates/html.tpl.php).
Notice: Trying to get property 'field_sections' of non-object in include() (line 71 of /home/testing/The_Edge_Singapore_Website/sites/all/themes/tes/templates/html.tpl.php).
Notice: Trying to get property 'status' of non-object in include() (line 72 of /home/testing/The_Edge_Singapore_Website/sites/all/themes/tes/templates/html.tpl.php).
Notice: Trying to get property 'type' of non-object in include() (line 78 of /home/testing/The_Edge_Singapore_Website/sites/all/themes/tes/templates/html.tpl.php).
Notice: Undefined offset: 0 in getContentMeta() (line 479 of /home/testing/The_Edge_Singapore_Website/sites/all/themes/tes/templates/html.tpl.php).
Notice: Undefined offset: 1 in getContentMeta() (line 480 of /home/testing/The_Edge_Singapore_Website/sites/all/themes/tes/templates/html.tpl.php).
Warning: preg_replace(): No ending delimiter '"' found in getContentMeta() (line 481 of /home/testing/The_Edge_Singapore_Website/sites/all/themes/tes/templates/html.tpl.php).
User warning: The following module is missing from the file system: native_ad_mobile_app. For information about how to fix this, see the documentation page. in _drupal_trigger_error_with_delayed_logging() (line 1143 of /home/testing/The_Edge_Singapore_Website/includes/bootstrap.inc).
User warning: The following module is missing from the file system: tes_new_module. For information about how to fix this, see the documentation page. in _drupal_trigger_error_with_delayed_logging() (line 1143 of /home/testing/The_Edge_Singapore_Website/includes/bootstrap.inc).
Notice: Constant EVENT_INSERT already defined in require_once() (line 4 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_api_mobile_app/in_app_subscription/repositories/apple_subscription.repository.php).
Notice: Constant EVENT_UPDATE already defined in require_once() (line 5 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_api_mobile_app/in_app_subscription/repositories/apple_subscription.repository.php).
Notice: Constant REDIS already defined in include_once() (line 18 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_api_v2/tes_api_v2.module).
Notice: Constant REDIS_TTL_TAXONOMY already defined in include_once() (line 36 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_api_v2/tes_api_v2.module).
Notice: Constant EVENT_INSERT already defined in require_once() (line 4 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_gpt_summarize/repositories/tes_gpt_summarize.repository.php).
Notice: Constant EVENT_UPDATE already defined in require_once() (line 5 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_gpt_summarize/repositories/tes_gpt_summarize.repository.php).
Notice: session_start(): A session had already been started - ignoring in include_once() (line 2 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_simultaneous_login/tes_simultaneous_login.module).
Notice: Undefined index: issue_id in allow_view_pdf() (line 100 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_pdf_viewer/tes_pdf_viewer.module).
Notice: Trying to get property 'field_free_to_view_pdf' of non-object in allow_view_pdf() (line 101 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_pdf_viewer/tes_pdf_viewer.module).
Notice: Undefined index: Secret-Mobile-App-Key in mobile_app_api_middleware() (line 84 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_api_mobile_app/tes_api_mobile_app.module).
Notice: Undefined index: Secret-Mobile-App-Key in mobile_app_api_middleware() (line 84 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_api_mobile_app/tes_api_mobile_app.module).
Notice: Undefined index: Secret-Mobile-App-Key in mobile_app_api_middleware() (line 84 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_api_mobile_app/tes_api_mobile_app.module).
Notice: Undefined index: Secret-Mobile-App-Key in mobile_app_api_middleware() (line 84 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_api_mobile_app/tes_api_mobile_app.module).
Notice: Undefined index: Secret-Mobile-App-Key in mobile_app_api_middleware() (line 84 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_api_mobile_app/tes_api_mobile_app.module).
Notice: Undefined index: Secret-Mobile-App-Key in mobile_app_api_middleware() (line 84 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_api_mobile_app/tes_api_mobile_app.module).
Notice: Undefined index: Secret-Mobile-App-Key in mobile_app_api_middleware() (line 84 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_api_mobile_app/tes_api_mobile_app.module).
Notice: Undefined index: Secret-Mobile-App-Key in mobile_app_api_middleware() (line 84 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_api_mobile_app/tes_api_mobile_app.module).
Notice: Undefined index: Secret-Mobile-App-Key in mobile_app_api_middleware() (line 84 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_api_mobile_app/tes_api_mobile_app.module).
Notice: Undefined index: Secret-Mobile-App-Key in mobile_app_api_middleware() (line 84 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_api_mobile_app/tes_api_mobile_app.module).
Notice: Undefined index: Chat-Edge-Api-Key in chat_edge_api_middleware() (line 27 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/custom/tes_chat_edge/tes_chat_edge.module).
Deprecated function: Function create_function() is deprecated in blockgroup_block_list_alter() (line 298 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/blockgroup/blockgroup.module).
Deprecated function: Function create_function() is deprecated in blockgroup_block_list_alter() (line 298 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/blockgroup/blockgroup.module).
Deprecated function: Function create_function() is deprecated in blockgroup_block_list_alter() (line 298 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/blockgroup/blockgroup.module).
Deprecated function: Function create_function() is deprecated in blockgroup_block_list_alter() (line 298 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/blockgroup/blockgroup.module).
Deprecated function: Function create_function() is deprecated in blockgroup_block_list_alter() (line 298 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/blockgroup/blockgroup.module).
Deprecated function: Function create_function() is deprecated in blockgroup_block_list_alter() (line 298 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/blockgroup/blockgroup.module).
Deprecated function: Function create_function() is deprecated in blockgroup_block_list_alter() (line 298 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/blockgroup/blockgroup.module).
Deprecated function: Function create_function() is deprecated in blockgroup_block_list_alter() (line 298 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/blockgroup/blockgroup.module).
Deprecated function: Function create_function() is deprecated in blockgroup_block_list_alter() (line 298 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/blockgroup/blockgroup.module).
Deprecated function: Function create_function() is deprecated in blockgroup_block_list_alter() (line 298 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/blockgroup/blockgroup.module).
Deprecated function: Function create_function() is deprecated in blockgroup_block_list_alter() (line 298 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/blockgroup/blockgroup.module).
Deprecated function: Function create_function() is deprecated in blockgroup_block_list_alter() (line 298 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/blockgroup/blockgroup.module).
Deprecated function: Function create_function() is deprecated in blockgroup_block_list_alter() (line 298 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/blockgroup/blockgroup.module).
Deprecated function: Function create_function() is deprecated in blockgroup_block_list_alter() (line 298 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/blockgroup/blockgroup.module).
Deprecated function: Function create_function() is deprecated in blockgroup_block_list_alter() (line 298 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/blockgroup/blockgroup.module).
Deprecated function: Function create_function() is deprecated in blockgroup_block_list_alter() (line 298 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/blockgroup/blockgroup.module).
Deprecated function: Function create_function() is deprecated in blockgroup_block_list_alter() (line 298 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/blockgroup/blockgroup.module).
Deprecated function: Function create_function() is deprecated in blockgroup_block_list_alter() (line 298 of /home/testing/The_Edge_Singapore_Website/sites/all/modules/blockgroup/blockgroup.module).
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An uphill test

Positioning for the recovery

An uphill test

The Edge Singapore Published on Thu, Dec 24, 2020 / 7:00 AM GMT+8

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On Dec 4, the Monetary Authority of Singapore (MAS) announced it had awarded two digital full bank (DFB) licences and two digital wholesale bank (DWB) licences. The two DFB licences were awarded to a consortium comprising Grab Holdings and Singapore Telecommunications (Grab/Singtel), and to Sea. And the two DWBs were awarded to a unit of Ant Group, and a consortium comprising Greenland Financial Holdings Group Co, Linklogis Hong Kong and Beijing Co-operative Equity Investment Fund Management Co.

“Of the winning bids, Grab/Singtel, Sea and Ant’s were unsurprising. The DFBs, with their ability to tap the retail segment, hold greater potential to disrupt the incumbent base, in our view,” says CLSA in a recent note.

CLSA is more positive on Singtel than Sea. “We are buyers of Singtel. However, these are related to nearer-term considerations and current valuations rather than anything related to the digibank offering in Singapore. For Sea, we initiate a small valuation for its digital financial services business but after another stellar run in share price, we downgrade our rating from Buy to Outperform as we see lower upside potential now,” the CLSA note adds.

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An uphill test

Positioning for the recovery

An uphill test

Primary tabs

Error message

An uphill test

Positioning for the recovery

An uphill test

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