Frasers Property unit takes 75% stake in Vietnam property development company

MULTINATIONAL property company, Frasers Property, said on Thursday that it will be spending 799 billion dong (S$47.3 million) for a majority stake in Phu An Dien Real Estate Joint Stock Company (PAD), which will undertake the development of a residential-cum-commercial project in Vietnam.

China Sky receives court order for auction of subsidiary's land used as collateral

CHINA Sky Chemical Fibre Co Ltd announced on Thursday that it has received a court order from a China court, pertaining to an application made by the Industrial and Commercial Bank of China (ICBC) for the evaluation and auction of land belonging to China Sky's subsidiary, Qingdao Zhongda...
HOCK LOCK SIEW

Exit offer: when fair is foul and foul is fair

VARD Holdings on Monday posted the notice for its upcoming extraordinary general meeting (EGM), to be held on July 24, at which its shareholders will vote on the voluntary delisting of the shipbuilder from the Singapore Exchange (SGX) and the exit offer made to them.

China Sun Bio-Chem to delist

CHINA Sun Bio-Chem Technology Group Company - described as "hopelessly insolvent" by director Cosimo Borrelli in a latest announcement - has applied to be delisted from the Singapore Exchange (SGX)...

China Sun Bio-Chem applies for delisting from SGX

CHINA Sun Bio-Chem Technology Group Company, which director Cosimo Borrelli has described as being "hopelessly insolvent", has applied to be delisted from the Singapore Exchange (SGX)...

FSL Trust inks 3 loan agreements to refinance outstanding loan

FSL (First Ship Lease) Trust Management said on Thursday that the trust has entered into three loan agreements in order to refinance an existing loan.
HOCK LOCK SIEW

Sakae case: Who's blowing the whistle on corporate Singapore?

FOOD chain Sakae Sushi may be viewed as having scored a recent victory in its long-running legal battle with a former director, but we shouldn't be so quick as to blow the full-time whistle just yet...
CULT STATUS

Bagels for all seasons

I HAVE a bagel obsession. Not everyone does, I know. A colleague and friend looked askance at me when I told her that my last meal would be a perfectly toasted sesame bagel, with a side of cream cheese. She said she never understood the appeal of the bagel; but there is just something about the...

Y Ventures scores exclusive online distribution for Disney merchandise in South-east Asia

Catalist-listed Y Ventures Group said that it has entered into an agreement with Beast Kingdom Co Ltd, a licensee for official Disney products in Asia, to act as its exclusive online distributor in South-east Asia for three years.

M1 to buy ICT solutions provider AsiaPac Distribution

TELCO M1 announced on Wednesday that it will be buying 100 per cent of integrated information and communications technology (ICT) network solutions provider, AsiaPac Distribution Pte Ltd.

Tech giants spend big to stay on top

IN THIS rapidly evolving age of digital advancement and disruption, changes to the technology sector have ranked among the most momentous in recent times.

Magnus Energy's former MD sends demand letter over 'wrongful termination'

CATALIST-LISTED Magnus Energy Group said on Thursday that it has received a letter of demand from the lawyers representing its former managing director Charles Madhavan, "notifying the company of his claim for wrongful termination". ...
CULT STATUS

Staying hydrated in the humidity

JAPANESE skincare parent Kao Corp claims: "Curel is on a mission to end dry skin" - and don't I believe it...

Bukit Sembawang posts sharp increase in Q4 earnings

PROPERTY developer Bukit Sembawang Estates reported a substantial increase in quarterly net income on Thursday, as it recognised higher profits from its development projects.

Accounting advisory services to grow amid tech disruption

ACCOUNTANTS need not fret. A key finding from a new survey has it that automation and technological development may threaten many jobs, but demand for advisory services is expected to grow in the coming years, as businesses battle to manage digital disruption.

Bukit Sembawang Estates reports leap in Q4 earnings

PROPERTY developer Bukit Sembawang Estates reported a substantial increase in quarterly net income on Thursday, as it recognised higher profits from its development projects.

Hong Leong Asia's restructuring of Xinfei unit progresses

HONG Leong Asia announced on Tuesday that certain key steps in the planned restructuring and sale of its consumer products unit, collectively known as the Xinfei unit, have been taken - including the obtaining of the approval of the majority of Xinfei's creditors to the restructuring plan...

Nasdaq-listed JD.com invests over US$300m in ESR Cayman

NASDAQ-LISTED JD.com Inc has invested over US$300 million into Asian logistics real estate player ESR Cayman Limited (ESR).
CULT STATUS

Weighing in on sweet slumber

WEIGHTED blankets are all the rage in the United States, these days, and so I thought it would be worthwhile for me to throw in my two cents' worth on the product, in case any of you are interested in trying it out...

Trustee calls on Swiber to pay up

The Bank of New York Mellon (Singapore branch), as trustee of certain trust certificates, has called on Swiber Holdings to pay up immediately on its Series 001 Trust Certificates.

Asean Corporate Governance Scorecard: Singapore companies' progress flatlines

The country report for Singapore, part of the Asean Corporate Governance Scorecard 2018, indicated that the development of CG practices here has essentially flatlined, and that the gap in standards between the large-capitalisation (large-cap) companies and the rest of the field is continuing to...

Corporate governance progress flatlines for Singapore companies

The country report for Singapore, part of the Asean Corporate Governance Scorecard 2018, indicated that the development of CG practices here has essentially flatlined, and that the gap in standards between the large-capitalisation (large-cap) companies and the rest of the field is continuing to...

Law firm sharpening its edge in digital age

IN THIS age of digital disruption, companies are employing innovative ways and means to not just stay on top of technological change, but they also hope to turn such advancements into a business advantage.
CULT STATUS

Affordable luxury: Wayne Goss make-up brushes

MAKE-UP mavens know that among the best make-up brushes in the world are those made by the Japanese - brands such as Chikuhodo and Hakuhodo.

United Global enters Australia joint venture

CATALIST-LISTED United Global has entered into a joint-venture agreement that will see it involved in the importation and distribution of lubricant products in Australia.