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Quarterly reporting: risk-based approach cannot be too narrow

SINGAPORE'S market regulator said recently it would be unveiling a new approach to quarterly reporting (QR) for listed companies by the end of the year. It held back on the details, but the change is likely to involve removing such reporting requirements for a segment of the market.

Libra Group's going-concern status crippled by claims

CATALIST-listed Libra Group announced on Wednesday that it will not be able to continue as a going concern, as stipulated by Catalist rules, due to various claims that have been filed against two subsidiaries of the company.

Wing Tai's profits for Q4, full year take big tumble

REGIONAL property and lifestyle group Wing Tai Holdings turned in a substantially weaker profit in its fiscal fourth quarter and full year, mainly due to the absence of one-off gains recorded the year before.

Libra Group says it cannot continue as going concern

Catalist-listed Libra Group announced on Wednesday that it will not be able to continue as a going concern, as stipulated by Catalist rules, due to various claims having been filed against two subsidiaries of the company.

Wing Tai's profit slumps in absence of one-off gains

Regional property group Wing Tai Holdings reported an 86 per cent fall in its fourth-quarter net profits, while its revenue slipped 41 per cent year-on-year.

Darco to give up solar energy, focus on core businesses

DARCO Water Technologies, which relaunched itself some two years ago following an embezzlement debacle at one of its subsidiaries, on Tuesday updated shareholders on its strategy and future plans - saying it intends to focus on its core businesses in its traditional areas of environmental...

Darco to focus on traditional core business segments

DARCO Water Technologies, which relaunched itself some two years ago following a setback, on Tuesday updated shareholders, saying it intends to focus on its traditional core businesses in the areas of environmental systems and water management services, instead of its recent foray into solar...

UMS posts 44% slide in Q2 net profit on trade tensions, falling prices

GLOBAL trade tensions and tough market conditions continued to affect the performance of mainboard-listed UMS Holdings.

Cortina posts 69% jump in Q1 net profit, flags competitive market ahead

LUXURY watch retailer Cortina Holdings on Wednesday announced an impressive showing for its fiscal first quarter, improving both its top- and bottom-lines substantially.

PropNex's Q2 net profit slips 12% on lower commission income, higher staff costs

REAL estate agency PropNex saw its bottom line shrink in its fiscal second quarter, as it took in lower commission income while bearing higher staff costs and depreciation expenses. But the group said that the primary private property market is recovering strongly, since fresh cooling measures...

PropNex reports lower Q2 earnings, declares 1.25 cents dividend

REAL estate agency PropNex saw its bottomline shrink in its fiscal second quarter, as it took in lower commission income while bearing higher staff costs and depreciation expenses.