Corporate digest
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Cosco Corporation (Singapore)
COSCO said on Friday that trading in its shares will remain suspended. Cosco had on Aug 11 requested a trading suspension as it was expecting its parent firm, China Ocean Shipping (Group) company, to announce a significant transaction that could impact its stock. But after making enquiries with its parent firm, Cosco said in an update that the proposed transaction is still "under intensified planning", "relatively complicated and may involve asset reorganisation (and) is still pending further study and analysis".
QT Vascular
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts