CapitalOS, which helps vertical software platforms offer spend management, cards, and bill payment tools to SMB customers, raised a $21.9M Series A led by LGVP (Ryan Lawler/Axios)

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• Buyer pays $1.65 million deposit luxury condo, home remains unfinished four years later

  In 2022, a Florida buyer, Nilesh Undavia, paid $1.65 million for a luxury condominium that was supposed to be completed by the end of the year. Four years later, the apartment remains unfinished, and his deposit has not been returned, even after an arbitration ruling in his favor. The case highlights a growing dispute surrounding the Boca Raton’s Mandarin Oriental Residences, where buyers are seeking refunds as the developer faces a $417.7 million foreclosure lawsuit.

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• Gas Supply may pursue remedies if contract breached following Indonesia’s export cuts: Tan See Leng

  Gas Supply, a Temasek company, may seek remedies if Indonesia breaches its gas supply contract following Indonesia’s reduction in gas exports to Singapore. This move comes amid growing concerns over energy security and diversification efforts to ensure Singapore’s energy supply resilience. The government has multiple layers of defense in place to ensure energy security, including diversifying sources and maintaining sufficient diesel reserves.

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• Gas Supply may pursue remedies if contract breached following Indonesia’s export cuts: Tan See Leng

  Gas Supply, a Temasek company, may seek remedies if Indonesia breaches its gas supply contract following Indonesia’s reduction in gas exports to Singapore. This move comes amid growing concerns over energy security and diversification efforts to ensure Singapore’s energy supply resilience. The government has multiple layers of defense in place to ensure energy security, including diversifying sources and maintaining sufficient diesel reserves.

  3 min read