The Business Times
business-time-50
SUBSCRIBERS

New Silkroutes: New dawn or distraction?

google-preferred-sourceAdd BT as a preferred source
Published Wed, Jun 19, 2019 · 09:50 PM

SHARES of New Silkroutes Group (NSG) perked up when it said it would divest its oil trading business to focus on healthcare, but the rally was short-lived.

The company hasn't come forth with any updates since the sale was proposed in late March.

Shedding the energy business makes sense.

Goh Jin HianHealthcare

TRENDING NOW

KSL's Khoo Lee Feng says it is "not so much what you study, but how you learn".

Johor property old hand KSL readies family handover amid market boom

More than 95% of Seatrium's net order book comprises "series-build" projects.

Seatrium eyes S$28 billion in project opportunities amid global race for energy security

China has launched the biggest shake-up of its cross-border tax system in decades, threatening three popular brokers with at least US$330 million of penalties.

China targets offshore billions in biggest crackdown in decades

Terence Wong, founder and CEO of Azure Capital (left), with Trek 2000 executive chairman and group president Wayne Tan.

Trek 2000 shares jump 26% after Osim founder Ron Sim drops claims, sells 7.3% stake to Azure Capital

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More