Jude Chan

Jude Chan

SENIOR CORRESPONDENT

Stanislaus Jude Chan - otherwise known as the “big bourse man” - is a senior correspondent at The Business Times, where he writes commentaries on anything related to companies and markets.

While Elon Musk is eccentric and volatile, the hype surrounding him is a gravitational force that overrides common sense.
HOCK LOCK SIEW

SpaceX IPO: The noisy spectacle that defies logic might be exactly what Singapore needs

To be a hub for growth capital, the city needs to develop a tolerance for companies with hyped-up valuations

Jardine Matheson's restaurant unit has reportedly been seeking to sell its KFC and Pizza Hut chains in Asian markets.
HOCK LOCK SIEW

Jardines has survived wars and market collapses. Can it survive the digital age?

For investors, a flood of rumours over the sale of assets – including properties, fast-food chains and car dealerships – can be disconcerting

Board changes should not be seen as a box-ticking exercise, but the opportunity for strategic conversations, says Heidrick & Struggles partner ​Terence Quek.

‘Quite alarming’: More companies must think about replacing their CEOs, boards

Apac firms’ significant lack of confidence in their renewal processes may spell trouble, warns Heidrick & Struggles’ ​Terence Quek

The broader Singapore market has enjoyed a much-needed uplift, riding a wave of renewed optimism and foreign inflows.
UNCOVERING THE SINGAPORE BOURSE

The S$6.5 billion mandate: How fund managers are shaking up Singapore equities

AR Capital’s blueprint differs from those of larger peers; Lion Global Investors scales up an established approach

RWS is seen as a family-oriented island destination, with a larger emphasis on non-gaming offerings such as theme parks and attractions.
HOCK LOCK SIEW

Not beyond compare: Genting Singapore’s weak hand is getting harder to hide

It’s hard not to compare RWS with its high-flying rival MBS, even though they target different market segments

Simba triggered a race to the bottom when it entered the market with aggressive price-war tactics.
HOCK LOCK SIEW

Collapse of M1-Simba deal reveals chinks in Singapore’s cursed telco consolidation dream

A rollback to a three-player market is inevitable; the tragedy is how difficult the exit has become

Keppel has disclosed that there were “quite a few” suitors and “more than one” serious bidder for its M1 telco business before it signed the agreement with Simba.
COMMENTARY

Scuttled M1-Simba deal leaves investors with more questions than answers

How does a telco operator use airwaves that do not belong to it?

Across the broader market, decliners beat gainers 431 to 224, after 2.3 billion securities worth S$2.5 billion changed hands.

Singapore stocks end lower on Friday; STI down 0.1%

The blue-chip barometer’s worst performer is Venture Corporation, falling 3.1% or S$0.56 to close at S$17.64

The three local banks ended higher. DBS gained 0.4% to close at S$60.13, OCBC rose 0.3% to S$22.95. UOB was up 0.1% at S$37.37.

Trump-Xi meeting fails to lift Singapore stocks on Thursday; STI dips 0.2%

Across the broader market, gainers trail losers 257 to 359, after 2.2 billion securities worth S$2.6 billion change hands

Cycle & Carriage was awarded the Mercedes-Benz franchise in 1951, making it the first enterprise to represent the German car brand in South-east Asia.
HOCK LOCK SIEW

Shedding the iconic ‘Cycle & Carriage’ will be a loss – but perhaps a necessary one for Jardine

Its famous Mercedes-Benz dealerships in Singapore and Malaysia account for only 4 to 5% of the company’s total earnings