SGX: No basis to suspend voluntary delistings amid consultation

WITH the proposal to shift voting power on voluntary delistings to minority shareholders, will some companies try to beat the deadline?

Sanli wins S$54.3m deals to boost order book to S$134.4m

CATALIST-LISTED environment engineering firm Sanli Environmental has clinched S$54.3 million contracts, boosting its order book to S$134.4 million.

Sanli Environmental secures S$54.3m in contracts, order book stands at S$134.4m

CATALIST-LISTED environment engineering firm Sanli Environmental has clinched S$54.3 million in contracts, boosting its order book to S$134.4 million.

Element AI forges partnerships with GIC, SGInnovate, SMU

ARTIFICIAL intelligence (AI) software products company Element AI has separately forged strategic partnerships with GIC, SGInnovate and Singapore Management University (SMU).

LTC Corp voluntary delisting resolution derailed by adjournment

STEEL trading and property group LTC Corp’s extraordinary general meeting (EGM) on Nov 14 to seek approval for voluntary delisting ended abruptly after shareholders voted for an adjournment.

Sakae Q1 earnings fall 63.6% to S$75,000

SAKAE Holdings' earnings for the first quarter fell 63.6 per cent year-on-year to S$75,000 from S$206,000 as streamlined operations led to lower revenue, the operator of conveyor belt sushi restaurants announced on Wednesday. ...

Three global banks open innovation labs in Singapore

THREE global banks on Wednesday launched their respective innovation labs in Singapore amid the Singapore FinTech Festival.

UnUsUaL Limited posts 30.4% rise in Q2 profit

UNUSUAL Limited's earnings for the second quarter improved 30.4 per cent year-on-year from S$2.5 million to S$3.2 million, on the back of better performance from its promotion and other business...

Hong Leong Asia Q3 earnings down 36.4% to S$2.8m, hit by construction decline

HONG Leong Asia has reported a weaker third-quarter net profit of S$2.8 million, down 36.4 per cent from S$4.4 million as it has been hit by the decline in the construction industry in Singapore while its Malaysian subsidiary faced keen price competition due to fewer property projects and excess...

Fragrance Group's earnings for Q3 down by 47.5% to S$2.2m

MAINBOARD-LISTED real estate developer Fragrance Group's net profit dived 47.5 per cent from S$4.2 million to S$2.2 million in the third quarter, as a result of a 20 per cent decline in its revenue and lower contributions from its joint venture...

The Straits Trading Company reports 18.1% higher Q3 earnings

THE Straits Trading Company has recorded 18.1 per cent higher earnings for the third quarter, largely on the back of increased contributions from an enlarged property portfolio.

Bank of China launches first global fintech innovation lab in Singapore

BANK of China (BOC) has launched on Nov 14 its first global fintech innovation lab in Singapore to spearhead its worldwide research and development  (R&D) activities as well showcase its latest technologies.

Magnus Energy and former MD settle alleged wrongful termination lawsuit after mediation

CATALIST-LISTED Magnus Energy Group has settled a lawsuit brought against it for alleged wrongful termination by its former managing director Charles Madhavan, following mediation on Nov 8.

YuuZoo Networks Group's independent auditors resign after not being re-appointed

YUUZOO Networks Group's independent auditors RT LLP have resigned, as the resolution to re-appoint the audit firm was not passed at the annual general meeting (AGM) on Oct 26...

Yanlord Land earnings jumps 61.3% to 1.01 billion yuan

REAL estate developer Yanlord Land Group recorded a 61.3 per cent increase in its third-quarter profit, on the back of significantly more gross floor area sold and higher average selling price per square metre.

Golden Energy and Resources Q3 profit up 50.2%

INTERNATIONAL coal mining and trading company Golden Energy and Resources reported a 50.2 per cent rise in net profit for the third quarter, as earnings jumped from US$9.9 million to US$14.9 million. This was mainly due to higher revenue from the coal mining and coal trading divisions.

Hotel Properties' earnings for Q3 halve to S$21.9m

HOTEL Properties reported third-quarter earnings of S$21.9 million, 48.1 per cent lower than the S$42.2 million recorded a year ago. This is the result of lower contributions from its property division as well as associates and jointly controlled entities.

The Hour Glass sees 26% uptick in Q2 earnings despite flat revenue growth

LUXURY watch retailer The Hour Glass has reported a net profit of S$13.5 million for the second quarter, 26 per cent higher than S$10.7 million in the corresponding period a year ago. 

Sats' Q2 earnings dip 9%, largely due to absence of one-off gain

SECOND-quarter earnings for mainboard-listed ground handler and in-flight catering services provider Sats came in at S$65.7 million, or 9 per cent lower from S$72.2 million a year ago.

Sats Q2 earnings dip 9% to S$65.7 million due to one-time gain absence

SECOND-QUARTER earnings for ground handler and in-flight catering services provider Sats came in at S$65.7 million or 9 per cent lower from S$72.2 million a year ago. 
BT EXCLUSIVE

Rajah & Tann Asia's legaltech unit to counter competition from leading accounting firms

MULTI-DISCIPLINARY accounting firms namely PwC, EY and Deloitte may have to brace themselves for more competition, this time from regional legal network Rajah & Tann Asia's technology subsidiary. It is not only equipping its ten-member firms with tech capabilities, but also offering multi-...
BT EXCLUSIVE

OCBC hikes rate on rollover credit; other banks may follow

OCBC Bank has become the latest bank to raise interest rates for credit card late payments, raising questions on whether this would trigger a new round of increases by other banks.
EY-STANDARD CHARTERED FAMILY BUSINESS AWARD OF EXCELLENCE: SING LUN HOLDINGS

Strong family support and values sew up win

WHEN Mark Lee was tipped to succeed his father as Sing Lun Holdings' chief executive officer, he sought a meeting with his uncles and aunts who hold shares in the family-owned company for an undertaking to stay united no matter what happened ahead...

TSMP leverages high-tech, but aims to be 'high touch'

INCORPORATING artificial intelligence (AI) into the operations of a company - law firms included - isn't cheap, so TSMP Law Corporation is urging the government to take the lead in building a platform for local law firms so that they too can ride the tech wave. ...

Set of standard forms launched to aid startup founders and venture capitalists

A SUITE of standard-form documents has been launched to make the process of structuring a deal faster and more cost-efficient for startup founders and venture capitalists.