sbi offshore
SBI Offshore proposes to liquidate to make cash exit offer
SBI Offshore has proposed to undertake its cash exit offer by way of liquidating the company, before delisting from the Singapore Exchange (SGX).

Singapore shares falter despite Wall Street gains
Continuing concerns over US-China tensions and Abe's shock resignation cited as reasons.

SBI Offshore fails to complete RTO, must make exit offer to shareholders
SBI Offshore is now required to make a cash exit offer before delisting, as the Catalist-listed firm did not complete its proposed acquisition of the Berlitz group of 12 companies by the deadline.

Corporate digest
THE board of Hoe Leong Corporation on Saturday clarified that the re-appointment of Liew Yoke Pheng, Joseph as executive director on June 26 was "in the interest of the company and shareholders", give...

Mirzan Mahathir not re-elected as SBI Offshore chairman
MIRZAN Mahathir has ceased to be SBI Offshore's executive non-independent chairman after shareholders did not re-elect him at the annual general meeting (AGM) held on Monday.

Court dismisses SBI Offshore ex-CEO's claims of reputational loss against PwC
A FORMER SBI Offshore executive who alleged that PricewaterhouseCoopers Advisory Services (PwC) had caused him reputational loss in its special audit of transactions he was involved in has lost his su...

High Court dismisses SBI Offshore ex-CEO's claims against PwC
A FORMER SBI Offshore executive who alleged that PricewaterhouseCoopers Advisory Services (PwC) had caused him reputational loss in its special audit of transactions he was involved with has had his c...

SBI Offshore expects H1 loss, with no recorded revenue
OIL AND gas solutions provider SBI Offshore has advised shareholders that it did not record any revenue and expects to report a loss for the first financial half-year ended June 30, having reviewed it...

Corporate digest
HENN Tan has stepped down as Trek 2000 chairman, chief executive and executive director. Mr Tan will be appointed as the group's consultant for a three-year period, the company said.
SIAS to matchmake boards with suitable independent directors
It will seek backing from a company's board, minority shareholders to play the role