HOCK LOCK SIEW

President Halimah's address on board-diversity journey bang on

SINGAPORE'S drive to increase the participation of women on the boards of listed companies has been extended to cover organisations in the people and public sector. This is a welcome step forward in the ongoing journey of promoting greater diversity at the upper ranks of the workplace...

Call for changes to Catalist and regulatory framework

IT is time for changes to be made to Singapore's Catalist board and the portion of the regulatory framework that supports it, says a new report, which has identified developments that could be potentially debilitating for the overall quality of the board, its listings and its investors...

Disallow transfer from SGX mainboard to Catalist: study

COMPANIES should no longer be allowed to transfer from the mainboard to Catalist, to lift the overall corporate governance standards, growth and share-price performance of listed companies here, says a new report.
HOCK LOCK SIEW

Making the most of AGM season as an investor

THE year's busiest period for investors and companies alike is just around the corner, as corporates with a Dec 31 year-end (ie, the bulk of listed companies in Singapore) hold their annual general meetings (AGMs) in the coming months...

Chew's Group to diversify into property and financial investments

EGG company Chew's Group will be a Singapore egg business no more...

SGX inks deal, deepens ties with China

SINGAPORE has inked its third inter-governmental agreement with China, with Singapore's securities regulator announcing on Tuesday that it has signed a new strategic cooperation agreement with the China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity (CCI)...

Pacific Radiance wins some, loses others in restructuring efforts

DEBT-RIDDEN offshore and marine group Pacific Radiance said on Thursday that, despite firm commitments from certain investors on their portions of a previously announced US$85 million (S$116 million) equity injection scheme, other investors have reduced either in part or in full their previously...

Pacific Radiance updates investment, debt-restructuring efforts

DEBT-RIDDEN offshore and marine group Pacific Radiance said on Thursday that despite firm commitments from certain investors on their portion of a US$85 million equity injection scheme announced in September, others have reduced either in part or in full their previously indicated investments.
HOCK LOCK SIEW

CG rankings harsh but a needed wake-up call

THIS month's release of the closely followed CG Watch, a biennial report on corporate governance (CG) in the Asia-Pacific, contained a harsh assessment of Singapore's regulatory standards. Far from being unjustified, however, one hopes the assessment would instead serve as a needed wake-...

YCH sues Boustead Projects

BOUSTEAD Projects announced on Wednesday that it is being sued by YCH Holdings, over a development project known as Supply Chain City.
HOCK LOCK SIEW

Dawn raids: how corporates can stay awake

DAWN raids, the unannounced search and seizure operations carried out by regulatory authorities - and often dramatised in Hollywood productions - are becoming an increasingly frequent occurrence in reality; yet, just how prepared are Singapore businesses when it comes to dealing with this newer and...
HOCK LOCK SIEW

Singapore will do well to keep close eye on UK audit industry shakeup

BRITAIN'S parliament will launch an inquiry into the nation's scandal-hit auditing industry in the new year - a move that could result in sweeping changes to the way audits are carried out and the firms (namely, the Big Four) that predominantly perform them...

Sapphire Corp's consortium wins 1.4 billion yuan, 15-year public-private-partnership project in Chengdu

MAINBOARD-listed infrastructure design and construction group Sapphire Corporation said on Monday that its subsidiary Ranken Railway Construction Group Co Ltd, along with its consortium partners, have secured a public-private-partnership (PPP) project in Chengdu, China.

Sapphire Corp unit scores PPP project in China

MAINBOARD-LISTED infrastructure design and construction group Sapphire Corporation said on Monday that its subsidiary, Ranken Railway Construction Group Co Ltd, and its consortium partners, have secured a public-private-partnership (PPP) project in Chengdu, China.

SIA Engineering's Q2 profit slips on challenging environment

A CHALLENGING operating environment continued to dog aircraft maintenance, repair and overhaul services company SIA Engineering.

BHG Retail Reit reports 5.7% drop in DPU for Q3

BHG Retail Real Estate Investment Trust (BHG Retail Reit) has reported a distribution per unit (DPU) of 1.33 Singapore cents for the third quarter ended Sept 30, 2018, down 5.7 per cent from the 1.41 Singapore cents reported the year before.

Cortina's Q2 net income boosted by improved sales margin

LUXURY watch retailer Cortina Holdings built upon a robust first quarter to report a higher net profit for its second quarter ended Sept 30, 2018.

SIA Engineering Q2 profit slips, operating environment remains "challenging"

SIA Engineering's net profit slipped to S$38 million for its fiscal second quarter ended Sept 30, 2018, from S$38.6 million the year before. ...

Moya Asia reports 25% jump in Q3 profit, revenue stays flat

Moya Holdings Asia reported on Thursday a 25 per cent jump in its net profit after tax to S$6.9 million for the three months ended Sep 30, 2018, from S$5.5 million the year before.
HOCK LOCK SIEW

Sakae's handling of sugar deal far from sweet

A SHAREHOLDER called this week's Sakae Holdings annual general meeting (AGM) "disappointing" - and with good reason. Instead of assuaging concerns about a sugar deal gone wrong, the company known for its Sakae Sushi chain of restaurants may have created more questions over the way it...

Law firms best positioned to ride AI wave

THE legal profession has been experiencing change at a rate not seen before, with new technologies upending the old ways of practice, observed Singapore's Chief Justice Sundaresh Menon recently. ...
CULT STATUS

Anti-theft bags for anti-stress travel

THE year-end travelling season is just around the corner! And we're focusing on a couple of bags that we hope could help enhance your holiday experience. I think most of us can agree that getting robbed while on vacation is one of the quickest ways to ruin the trip. ...

Tax disputes threaten profit growth of top US companies

TAX disputes are threatening to wipe out more than half the profit growth of Fortune 500 companies in the US - and the amount involved is predicted to grow in the coming years.

ACRA moves service counters to Revenue House

SINGAPORE'S businesses, companies and accounting regulator has moved its service counters to Revenue House at 55 Newton Road in a bid to serve citizens and businesses better, it said...