SGX faces interim injunction on its new India equity derivative products; counter falls

THE Singapore Exchange (SGX) said on Tuesday that it had been notified by the National Stock Exchange of India (NSE) of an application made in the Bombay High Court for an interim injunction on its new India equity derivative products.

Moya to raise up to S$132.5m through rights issue

WATER treatment company Moya Holdings Asia has launched a rights issue that could raise up to S$132.5 million in net proceeds, if the rights are fully subscribed.

Ocean Sky International proposes rights cum warrants issue to boost financials

OCEAN Sky International has proposed to undertake a rights issue of up to 162.5 million new shares with up to 162.5 million free detachable warrants.

Spackman to issue shares worth US$6.9m to raise stake in associate by 7.52%

SPACKMAN Entertainment Group (SEG) has agreed to buy another 7.52 per cent stake in associated company Spackman Media Group (SMG) for US$6.9 million, from certain existing SMG shareholders.

Tat Hong to delist as buyout offer crosses 90% threshold

CRANE supplier Tat Hong will soon be delisted from the Singapore Exchange.

Ascendas India Trust to buy 7 more Hyderabad office buildings

THE manager of Ascendas India Trust has entered into a forward purchase agreement to acquire two buildings, aVance 5 and 6 from Phoenix Infocity, the master developer of the aVance Business Hub in Hyderabad.

Grab partners Maybank to promote GrabPay in Malaysia

IN ITS latest push to grow its market share in e-payments, Grab has partnered Maybank to drive the acceptance and usage of Grab's mobile wallet, GrabPay, in Malaysia...

Crowdfunded startup Ossic shuts down; backers to seek redress

ONE contender in the race to bring "3D" headphone technology to the mass market has dropped out. After taking thousands of orders for its high-end 3D Ossic X headphones on crowfunding sites, audio startup Ossic announced over the weekend that the company is shutting down, with no mention...

Grab partners Maybank to promote GrabPay in Malaysia

IN its latest push to grow its market share in e-payments, Grab has partnered Maybank to drive the acceptance and usage of Grab's mobile wallet, GrabPay, in Malaysia. ...

Bank of Singapore inks MOU with Sumitomo Mitsui Banking Corp unit SMBC Trust Bank

BANK of Singapore (BOS) has signed a memorandum of understanding (MOU) with SMBC Trust Bank with the aim of providing clients of the Japanese bank with a wide range of global investment opportunities to diversify their portfolios.

Crowdfunded '3D' headphones startup Ossic shuts down; backers threaten lawsuit

ONE contender in the race to bring "3D" headphone technology to the mass market has dropped out of the race...

KLW Holdings issues profit warning for fiscal 2018

KLW Holdings said on Sunday night that it expects to report a net loss for the financial year ended March 31.

Tat Hong to delist as offeror now controls more than 90% of all shares

CRANE supplier Tat Hong will soon be delisted from the Singapore Exchange.

Ascendas India Trust to buy 7 more Hyderabad office buildings, including 2 for S$270m

THE manager of Ascendas India Trust has entered into a forward purchase agreement to acquire two buildings, aVance 5 and 6 from Phoenix Infocity, the master developer of the aVance Business Hub in Hyderabad.
NEWS ANALYSIS

Hard for minorities to win in LTC delisting

A BID by the controlling Cheng family to delist steel trading and property group LTC Corp is close to crossing the finish line. If the offeror can persuade the last remaining minority shareholders to step out of their way, that is.

Grab partners Maybank to promote GrabPay in Malaysia

IN its latest push to grow its market share in e-payments, Grab has partnered Maybank to drive the acceptance and usage of Grab's mobile wallet, GrabPay, in Malaysia. ...
BT EXCLUSIVE

Tech stocks searching for mojo amid mediocre Q1 earnings

NOBODY said it was going to be easy. After the go-go growth of last year, punters rode into the first-quarter earnings season bracing for the tech rally to lose some sizzle.

Hyphens Pharma prices IPO at S$0.26 a share to raise S$13.5m

HYPHENS Pharma International, which sells specialty pharmaceutical products, is seeking to raise S$13.5 million in net proceeds ahead of a listing on the Singapore Exchange's (SGX) Catalist board...

Hyphens Pharma prices Catalist IPO at S$0.26 a share to raise S$13.5m

HYPHENS Pharma International, which sells specialty pharmaceutical products, is seeking to raise S$13.5 million in net proceeds ahead of a listing on the Singapore Exchange's Catalist board. ...

Frencken's Q1 net profit falls 58.5%, but is up 10.8% excluding one-off gain last year

THE absence of a one-off disposal gain last year resulted in a 58.5 per cent fall in Frencken Group's first-quarter net profit to S$6.8 million. ...

CSE Global's Q1 net profit jumps 90%

CSE Global has posted a first quarter net profit of S$5.7 million, up 90 per cent from S$3 million in the same period a year earlier on broad-based growth across all industry segments, it said on Wednesday.

CSE Global net profit jumps 90% in Q1

CSE Global has posted a first-quarter net profit of S$5.7 million, up 90 per cent from S$3 million in the same period a year earlier on broad-based growth across all industry segments, the group said.
HOCK LOCK SIEW

Venture's vulnerability: mischief likes a black box

IT WAS a pink elephant problem. Venture Corp boss Wong Ngit Liong told the market not to focus on Philip Morris, which is what it did.

Perennial Q1 profit falls 86.7% in absence of one-off gain

THE absence of a one-off gain from the partial divestment of TripleOne Somerset last year has resulted in an 86.7 per cent fall in first-quarter net profit to S$5.14 million for Perennial Real Estate Holdings.

Perennial Q1 net profit falls 86.7% in absence of one-off gain

THE absence of a one-off gain from the partial divestment of TripleOne Somerset last year has resulted in an 86.7 per cent fall in first-quarter net profit to S$5.14 million for Perennial Real Estate Holdings.