The Business Times
Therese Soh

Therese Soh

JOURNALIST

emailtherese@sph.com.sg
According to an earlier bourse filing dated Feb 22, PropNex Realty was named as one of three co-defendents in the suit that was filed in the High Court of Singapore.

PropNex says S$849,287 lawsuit against unit over ‘99-to-1’ deal dropped

GIC alleges that Nio unlawfully recognised immediate revenue of more than US$600 million from a battery asset and leasing joint venture – Weineng Battery Asset (Weineng) – that the Chinese EV maker actually controlled, which it failed to disclose.
HOT STOCK

Nio closes 2.7% higher after rebounding from plunge following GIC lawsuit

Keppel is set to revive construction for its stalled Saigon Centre project in late 2026.

Stocks to watch: Keppel, CapitaLand Investment, Keppel Reit

CapitaLand Investment (CLI)-managed self-storage platform, Extra Space Asia, continues its strong expansion momentum to over 100 self-storage facilities across Asia. This follows its S$100 million investment in its first build-to-suit development in Singapore (Image 1) at Kaki Bukit Avenue 5 and three self-storage facilities in Tokyo.

CLI’s self-storage unit invests close to S$100 million in Singapore flagship project, 3 Tokyo facilities

Tan Min Loon, chief executive of Soon Hock Enterprise, said that part of its initial public offering proceeds will go towards financing the costs of ongoing projects, including a freehold industrial property at 20 Shaw Road (pictured).

Industrial property developer Soon Hock Enterprise closes 0.9% below IPO price in mainboard debut

Food Innovators Holdings, which holds the Moomin character brand licence and operates a cafe with that theme in Japan, it posted a profit of S$206,000 for its H1 FY2026, compared to a loss around S$1 million for the year-ago period.

Food Innovators is back in the black, posts a ‘modest’ H1 profit of S$200,000

SGX listcos mirror investors’ confidence with share buybacks as MAS market revival gets under way

SGX listcos mirror investors’ confidence with share buybacks as MAS market revival gets under way

Seatrium was hit by a contract termination for a nearly-completed wind vessel.

Stocks to watch: Seatrium, Centurion, Stoneweg Europe Stapled Trust, Ever Glory United

The tycoon had a passion for luxury boats and collected superyachts. His collection included the US$100 million White Rabbit, which SuperYachtFan said cost US$10 million a year to run.

How Nippon Paint tycoon Goh Cheng Liang grew his empire to a US$13 billion fortune 

Close to two-thirds of the individuals on the list were less well-off this year.

Wealth of India’s richest falls to US$1 trillion amid weaker rupee; here are the top 10: Forbes 

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