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.

Grab’s Class B shares grant its key executives greater voting power – a common practice among US tech companies that allows founders to retain control.

Grab shareholders agree to double voting power of Class B ‘super-voting’ shares

CEO Anthony Tan’s voting power will be lifted to as much as 74.9% – up from 59.1% as at Jan 31

Disciplinary action could also be taken against the company's directors and executive officers if Shanghai Turbo does not comply with the notice.

SGX RegCo directs Shanghai Turbo to convene FY2024, FY2025 AGMs by Aug 31

Failure to comply will be deemed a contravention of mainboard rules

A potential inflow of wealth from the Middle East could help Singapore's banking trio as interest rates soften and net interest margins inevitably face compression this year.
HOCK LOCK SIEW

DBS, OCBC, UOB could benefit as the Middle East’s ultra-rich relook where to park their billions

The three local lenders have all spent years expanding their private banking capabilities to capture a growth in global wealth flows

Anthropic says it could lose “multiple billions of dollars” in revenue this year from its fallout with the US government.
HOCK LOCK SIEW

Will GIC and Temasek’s investments in blacklisted AI firm Anthropic backfire?

Not necessarily; corporate governance – not unconstrained profit – could be the new alpha generator

Keppel Reit's acquisition of an additional one-third interest in MBFC Tower 3 is seen by analysts to be largely positive, despite the potential of some near-term dilution.

Office landlords stand out in S-Reits’ Q4 beat, but the drums of war loom heavy on FY2026

Middle East conflict risks triggering a stagflationary environment, say analysts

SGX RegCo CEO Tan Boon Gin believes the next wave of Chinese listings will be fundamentally different and is unlikely to result in a repeat of previous S-Chips scandals.

‘Really different’: SGX RegCo’s Tan Boon Gin looks to exorcise S-chip ghosts

The regulator’s chief is confident that the ‘second’ coming of Chinese listings will not lead to a repeat of corporate governance scandals

Across the wider Singapore market...

Singapore stocks climb amid Asian equities rebound; STI up 0.7%

ST Engineering is the biggest gainer on blue-chip index, rising 4.4% to S$10.84

Aspial Lifestyle’, whose brands include Maxi-cash, Lee Hwa and Goldheart, saw its net profit grow to S$80.7 million in the FY2025 ended December, from S$14.4 million in FY2021.

Aspial Lifestyle proposes transfer to SGX mainboard

The group is eyeing access to equity and debt capital markets in a move aimed at supporting its future funding requirements

OCBC group CEO Tan Teck Long's corporate strategy, "The Next Frontier", seeks to bridge the gaps between the lender's individual engines.
HOCK LOCK SIEW

OCBC chief Tan Teck Long’s new strategy is a masterstroke, but execution risks abound

While his ‘Next Frontier’ plan looks good on paper, it must survive contact with operational reality