The Singapore Armed Forces Training Institute (SAFTI) officially opened on 18 June 1961. Its objective was to raise an officer corps for the Singapore Armed Forces. It was originally located at Pasir Laba Road, bounded by Upper Jurong Road and Lim Chu Kang Road. In 1995, the new SAFTI Military Institute (SAFTIMI) opened at Upper Jurong. The original site was located at Pasir Laba, an area preferred over Pulau Tekong and Pulau Ubin as a campsite. Peng Kang Hill and Good Morning Hill are some of the geographical features that made Pasir Laba a natural topography for military training. On 16 July 1967, SAFTI saw the first batch of 117 officer cadets graduate.

 


 

The Development Bank of Singapore (DBS) was officially incorporated on 16 July 1968 and commenced operation on 1 September that same year. The bank’s main functions were to provide loans and financial assistance to the manufacturing and processing industries in Singapore, as well as to assist in establishing new industries and upgrading existing ones. In addition, the bank contributed to the general development of the economy by supporting projects from the Urban Renewal Programme and various tourist schemes. DBS offered medium- and long-term loans, equity participation and the guarantee of loans raised by entrepreneurs from other sources. DBS also conducted commercial banking operations aimed at supplementing the services provided by existing commercial banks.

 

(Source: http://eresources.nlb.gov.sg/history/events/
e1efcbf8-6287-4c50-b7a2-1a9ae51c064f)

 


 

 

The Capitol Theatre was built in 1929 by two British architects, Keys and Dowdeswell for the Namazie family of businessmen and lawyers of Persian origin. It was designed in the Neo-Classical architectural style. Significant features of the theatre include the concrete ribbed barrel vault roof and interior decorative elements such as zodiac signs, decorative plaster mouldings and figurines. Capitol Theatre opened on the evening of 22 May 1930 with the musical comedy, Rio Rita, the film adaptation of a Ziegfeld Follies theatre production and starring Bebe Daniels. Capitol Theatre was once Singapore's premier picture place showing movies and hosting life variety shows. The building was given conservation status on 16 July 2007. After almost 17 years of dormancy since the last film was screened in 1998, Capitol Theatre officially reopened on 22 May 2015 following a four-year renovation.