DISRUPTED

Seriously fun

TWO Mondays ago, it wasn't the quietest of weekday nights around Clarke Quay, a popular nightlife spot in Singapore. In fact, there was a real buzz inside one of my favourite Mexican joints, Cafe Iguana, where I was chatting with an entrepreneur about a topic that is just as buzzy today -...

SGInnovate to invest in 20 startups as part of deep-tech strategy for 2018

SGINNOVATE will invest millions of dollars in at least 20 deep-tech startups founded in Singapore and target 15,000 participants to attend more than 150 deep-tech events in 2018, the Singapore government-owned innovation platform said on Wednesday.

SGInnovate to invest in 20 startups, engage 15,000 participants under new deep tech strategy

SGINNOVATE will invest in at least 20 deep tech startups founded in Singapore and have 15,000 participants take part in more than 150 deep-tech events in 2018, the Singapore government-owned innovation platform said on Wednesday.

Ipco expects net loss for H1 FY18 due to translation effects

IPCO International is expecting to report a net loss for its first half year ended Oct 31, 2017 (H1 FY18) - due mainly to the translation effect on the operations of the group's foreign currency-denominated subsidiaries...

Scaling the next peak

PIETER van der Does, the 48-year-old chief and co-founder of global payments company Adyen, has an offbeat way of evaluating talent for his startup. His hiring tactic seems - at least to this writer - original and creative, and frankly, quite brilliant.
DISRUPTED

Cashless and ka-ching!

WHAT makes a live music event "cooler" than others? For the IMI (Innovation, Music and Inspiration) Festival, the answer is tech, talks and art installations. Organised by experiential events company Sunshine Nation, it was held last Saturday at the now-defunct Kallang Airport...

Singapore shares resume flat on Friday afternoon; STI at 3,425.93

SINGAPORE shares resumed trading flat on Friday, with the Straits Times Index up 0.42 per cent or 14.52 points to 3,437.71 as at 1pm.

Hot stock: Midas not aware of information that could explain stock's 7.8% drop

MAINBOARD-LISTED Midas Holdings told the Singapore Exchange (SGX) on Friday that it was not aware of any information that could explain the heavy selling in its stock over the morning.

Brokers' take: ThaiBev earns 'buy' rating from DBS, OCBC on FY17 results

MAINBOARD-LISTED beverage company Thai Beverage (ThaiBev) has been given a "buy" rating by DBS Equity Research and OCBC Investment Research, following the announcement of its fourth quarter results on Thursday...

Singapore shares slip at Friday's open; STI down 0.2% to 3,423.17

SINGAPORE stocks opened slightly lower on Friday , with the Straits Times Index easing 0.2 per cent or 6.85 points to 3,423.17 as at 9am.

Stocks to watch: Cosco Shipping, Cogent Holdings, Ezion, MindChamps

THE following stocks made announcements that may affect their trading on Friday when the market opens.

Cosco Shipping sets Jan 5 deadline for Cogent privatisation bid

COSCO Shipping International has issued formal offer documents for its S$1.02 per share bid to privatise Cogent Holdings, setting a Jan 5, 2018 deadline for Cogent's minority shareholders...

Capital World acquires right to develop Johor township for RM63m

CATALIST-LISTED property developer Capital World is acquiring a joint development right to develop a township in Johor for RM63 million (S$20.6 million).

No Signboard prices IPO at S$0.28 a share, valuing company at S$129.5m

THE COMPANY behind the No Signboard Seafood chain of restaurants will raise about S$35 million from an initial public offering (IPO) and cornerstone placement of shares at S$0.28 apiece.

No Signboard prices IPO at S$0.28 per share, valuing company at S$129.5m

THE company behind the No Signboard Seafood chain of restaurants will raise about S$35 million from an initial public offering (IPO) and cornerstone placement of shares at S$0.28 apiece.

BLOCK71 Suzhou opens to boost tech entrepreneurship between Singapore, China

BLOCK71 Suzhou - an incubation space initiative to promote tech innovation and entrepreneurship between Singapore and China - was officially launched on Thursday by Singapore Minister for Finance Heng Swee Keat.

Brokers' take: Singtel earns OCBC's pick among telcos

SINGTEL has again emerged as OCBC Investment Research's top pick among telcos, the investment unit said in a note on Thursday. ...

Singapore shares flat at Thursday's open; STI up 0.19% to 3,430.02

SINGAPORE stocks opened flat on Thursday, with the Straits Times Index adding 0.19 per cent or 6.64 points to 3,430.02 as at 9am.

Stocks to watch: Capital World, AA Reit, RE&S

THE following stocks made announcements that may affect their trading on Thursday when the market opens.

Capital World acquires right to develop Johor township for RM63m

CATALIST-LISTED property developer Capital World is acquiring a joint development right to develop a township in Johor for RM63 million (S$20.6 million).
HOCK LOCK SIEW

Nets to score home run with S$30m investment in cashless platform

NETS - the payment services group owned by DBS Bank, OCBC Bank and United Overseas Bank - said on Monday that it will invest more than S$30 million to launch a unified e-payments platform in Singapore. This is a milestone in the country's pursuit of a cashless society, and represents a home...

Kismis View launched for en bloc sale for S$102m

KISMIS View, a collective sale site in Lorong Kismis in the Upper Bukit Timah area, has just been launched for sale by tender by JLL, for a minimum price of S$102 million.
HOT STOCK

LifeBrandz queried by SGX on its unusual trading activity

MAINBOARD-LISTED lifestyle group LifeBrandz told the Singapore Exchange (SGX) that its first-quarter results announcement is pending, but otherwise it has no undisclosed information that could explain the stock's unusually high volume and volatile trading on Tuesday...

RE&S Holdings closes 41% higher on first trading day

SHARES of RE&S Holdings Limited closed on Wednesday - its first day of trading on the Singapore Exchange's Catalist board - at 31 Singapore cents, 40.9 per cent higher than its issue price of 22 cents...

UOB's new robot employees Amy and Eve making quick work of data entry tasks

UNITED Overseas Bank (UOB) has welcomed its first "virtual employees" that will take over tasks that the bank's human employees have found repetitive and time-consuming, cutting data processing time by more than half...