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Singapore Wrap Friday
Noble Group AGM
- All resolutions at Noble's AGM passed
The call to grant directors the authority to allot and issue shares got a cool response from Noble Group's shareholders, even as all resolutions at its annual shareholders' meeting were passed on Friday, a regulatory filing showed.
- Noble Group chairman Elman rejects improper accounting allegations
- Noble Group chairman says year has started off well for firm
Non-oil domestic exports jumped 18.5 per cent year on year in March after a 9.7 per cent fall in February, thanks to growth in both electronic and non-electronic NODX.
StarHub on Friday announced the resignation of its chief financial officer, Nicholas Tan, stating that he is leaving for personal reasons.
Blumont Group's independent auditor, Moore Stephens, has raised the group's ability to continue as a going concern on the audited financial statements of the group for the financial year ended December 2014.
The Bank of China (BOC) is expanding its presence here, with more branches, more ATMs and a freshly inked deal with the local bourse to roll out more yuan-denominated products.
The phrase "two-tier" has featured prominently in the market and press recently because Keppel Corp's takeover offer for Keppel Land featured two prices. However, the phrase is equally applicable when describing the state of the local market, divided as it is into penny stocks on one hand and blue chips on the other.