Delayed placement: Asiatravel says it's keeping options open
Singapore
IN A clarification issued late on Tuesday evening, Asiatravel.com Holdings explained the chain of events that led to the long delay in a proposed S$100 million share placement.
The online travel company was responding to media reports about the delay and a call by the Securities Investors Association of Singapore (SIAS) for the Securities Industry Council (SIC) to look into the matter.
A commentary in The Business Times on Saturday has drawn att…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
US seeks 36 months’ jail for Binance founder Zhao
China’s Huawei launches new software brand for intelligent driving
Capital A chief Fernandes defers retirement, renews contract for five years
China’s SenseTime soars 36% after unveiling beefier AI model
PBOC steps up rhetoric against long-end government bond rally
Texas Instruments gives solid forecast in sign of comeback