Thomson Medical now closer to spinning off real-estate business

MAINBOARD-listed Thomson Medical Group has moved a step closer to hiving off its real-estate business in order to focus on developing and growing its healthcare business.

Thomson Medical shareholders recommended to accept RSP TopCo's general offer

THE independent directors of RSP Holdings - a wholly owned subsidiary of mainboard-listed Thomson Medical Group (TMG) - are recommending that shareholders accept the pre-conditional voluntary general offer for all of the shares of RSP Holdings made by RSP TopCo Pte Ltd.

HOCK LOCK SIEW

Catalist: to grow or to heal?

LAST week's report, calling for a review of Singapore's Catalist board (BT, Jan 16, "Catalist: A platform for growth firms or ICU for mainboard patients?"), sparked a lively debate among stakeholders....

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...

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...