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Singapore Wrap Friday

Today's notable stories

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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 AGM


Singapore NODX jumps 18.5% in March

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 CFO Nicholas Tan leaving telco for 'personal reasons'

StarHub on Friday announced the resignation of its chief financial officer, Nicholas Tan, stating that he is leaving for personal reasons.


Blumont's independent auditor raises going concern issue

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.


Bank of China expands Singapore footprint with new outlets, more ATMs

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.


Singapore: A two-tier market led by pennies

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.