Mary Chia granted extension to announce FY18 results, conduct AGM

MARY Chia Holdings on Monday said the Singapore Exchange Securities Trading (SGX-ST) has granted it an additional extension of time to report its results, and conduct its annual general meeting (AGM) for fiscal year 2018. 

New Lakeside ex-CFO pleads guilty; fined S$80,000, gets 3-year directorship ban

FORMER New Lakeside Holdings chief financial officer (CFO) Oh Gim Teck has been fined S$80,000 and banned from holding any company directorship for three years for his role in the firm's breach of the Singapore Exchange's (SGX) disclosure rules. Oh pleaded guilty to one charge under the...

Singapore stocks: STI resumes Thursday afternoon trading at 3,452.9, up 0.3% on day

SINGAPORE stocks resumed trading higher on Thursday afternoon, with the Straits Times Index rising 8.95 points, or 0.3 per cent to 3,452.9 as at 1pm. 

New Lakeside ex-CFO pleads guilty; judge slaps S$80,000 fine, 3-year directorship ban

FORMER New Lakeside Holdings chief financial officer (CFO) Oh Gim Teck has been fined S$80,000 and banned from holding any company directorship for three years for his role in the company's breach of the Singapore Exchange's (SGX) disclosure rules...

URA, HDB release sale sites at Dairy Farm Road, Sims Drive and Tampines Avenue 10

THE Urban Redevelopment Authority (URA) and the Housing & Development Board (HDB) have released three sites with residential components for sale at Dairy Farm Road, Sims Drive and Tampines Avenue 10 under the first half of the 2018 Government Land Sales (GLS) Programme, the authorities...

Compliance professional to become new Innopac controlling shareholder with proposed placement

INNOPAC Holdings' planned S$5 million stock placement could result in compliance professional Jack Lim becoming a new controlling shareholder of the investment holding company...

Addvalue Tech posts US$11.1m full-year loss on lower revenue, higher expenses

ADDVALUE Technologies has posted a full-year net loss of US$11.11 million from a loss of US$3.47 million last year, on the back of lower sales and higher expenses. 

Yoma Strategic, Pernod Ricard joint venture eyes Myanmar's whisky industry

MAINBOARD-LISTED Yoma Strategic Holdings on Friday said it intends to form a joint venture (JV) company with Pernod Ricard alongside other partners to produce and distribute whisky in Myanmar.

SBI Offshore appoints independent reviewer to look into unauthorised funds write-off

SBI Offshore on Friday said it has appointed independent reviewer KordaMentha to undertake an audit of the matters which may have led to an unauthorised write-off of funds from the group's accounts. ...

Singapore stocks: STI resumes Friday afternoon trading at 3,526.33, down 0.1%

SINGAPORE stocks resumed trading slightly lower on Friday afternoon, with the Straits Times Index retreating 2.59 points or 0.1 per cent to 3,526.33 as at 1pm. 

Hyflux restructuring negative for creditors: Moody's

HYFLUX'S restructuring, which may include a combination of haircuts, debt maturity extension, or interest rates adjustments, could lead to financial losses for creditors, Moody's Investors Service said in a research report released on Friday. ...

Yoma Strategic, Pernod Ricard joint venture eyes Myanmar's whisky industry

MAINBOARD-listed Yoma Strategic Holdings on Friday said it intends to form a joint venture company with Pernod Ricard alongside other partners to produce and distribute whisky in Myanmar. 

Singapore shares open lower on Friday, STI down 0.3% to 3,518.88

SINGAPORE stocks opened lower on Friday, with the Straits Times Index retreating 10.04 points, or 0.3 per cent to 3,518.88 as at 9.01am.

Stocks to watch: RHT Health Trust, SingHaiyi, Singapore Shipping Corp, Bukit Sembawang Estates

THE following companies saw new developments that may affect trading of their shares on Friday:

FSL Trust uses proceeds from bond issue as partial repayment for loan

FIRST Ship Lease (FSL) Trust Management on Friday said it has raised net proceeds of about US$7 million following the issue of its redeemable 7 per cent convertible bonds on May 21. 

MLT sells S$220m of units at S$1.197 apiece to cover rich end of price talk

MAPLETREE Logistics Trust (MLT) has priced an upsized S$220 million overnight placement of units at S$1.197 apiece to cover the rich end of initial indications. 

QT Vascular sells IP rights for its coronary products to US firm

MEDTECH firm QT Vascular on Thursday said it has entered into an asset purchase-and-option agreement with Teleflex Life Sciences Unlimited Company and New York-listed Teleflex Incorporated to sell the firm's intellectual property rights to its non-drug coated coronary products, including...

Vard to build fishing vessel for Norwegian trawler company

SHIPBUILDER Vard Holdings has clinched a contract for the design and construction of a stern fishing trawler for Nergård Havfiske AS in Norway, for about 400 million Norwegian kroner (S$66.5 million).

3 Liang Seah shophouses seeking S$30m; 6 Little India conservation units up for auction

THREE adjoining shophouses at 33 Liang Seah Street have been launched for sale via private treaty at S$30 million, while six conservation shophouses at Desker Road are up for auction.

QT Vascular to sell coronary assets to Teleflex for S$98.4m; receive royalties, revenue from supply deals

MEDTECH firm QT Vascular on Thursday said it has entered into an asset purchase and option agreement with Teleflex Life Sciences Unlimited Company and New York-listed Teleflex Incorporated to sell the firm's intellectual property rights to its non-drug coated coronary products, including...

SGX holding retail education carnival at VivoCity this weekend for new investors

THE Singapore Exchange (SGX) on Thursday said it will be holding its retail education event this weekend (May 26-27) at VivoCity's Outdoor Plaza Atrium, as part of its ongoing efforts to educate new investors and encourage them to start investing. ...

3 Liang Seah Street shophouses for sale at S$30m; 6 Little India conservation shophouses for auction

THREE adjoining shophouses at 33 Liang Seah Street have been put up for sale via private treaty at S$30 million, marketer Colliers International said in a press statement on Thursday. 

Singapore shares open higher on Thursday, STI up 0.4% to 3,510.46

SINGAPORE stocks opened higher on Thursday, with the Straits Times Index gaining 14.19 points, or 0.4 per cent to 3,510.46 as at 9.01am. 

Stocks to watch: ISOTeam, Vard, Boustead Singapore

THE following companies saw new developments that may affect trading of their shares on Thursday:

Vard clinches contract to build stern trawler for 400m kroner

SHIPBUILDER Vard Holdings has clinched a contract for the design and construction of a stern fishing trawler for Nergård Havfiske AS in Norway, for about 400 million Norwegian kroner (S$66.5 million).