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Olivia Lum may face legal action as Hyflux group lodges pre-emptive lawsuit
OLIVIA Lum Ooi Lin is staring at the possibility of being sued by the group of companies she founded as the beleaguered Hyflux group and its liquidators have lodged a lawsuit pre-emptively against her.
Investors jumping into Web3 find the rules are not so simple
ALL over South-east Asia, private market investors are witnessing a shift in conversation and money flows. Some of the smartest people they know have started discussing Web3 – a next version of the Internet based on decentralised technology.
Flex sharpens medical device focus in Singapore, looks to 5G for future of manufacturing
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MEDICAL devices are an increasing focus for the Singapore operations of manufacturer Flex, as the company aims to ride both short- and long-term regional trends, vice president of Asia operations Daniel Tan told The Business Times.
Thomson View set for en bloc relaunch at unchanged S$950m guide price
THOMSON View Condominium is up for collective sale again via public tender, with a guide price of S$950 million, said exclusive marketing agent OrangeTee Advisory on Wednesday (May 11).
Woman fined S$100,000 for false trading of Aspial Corp, Far East Orchard shares
A WOMAN named Tan Su Lan has received a civil penalty of S$100,000 for false trading in the shares of jewellery retailer Aspial Corporation and property developer Far East Orchard (FEO), the Monetary Authority of Singapore (MAS) announced on Wednesday (May 11).
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Singapore stocks dip on Wednesday in mixed Asia trading; STI down 0.3%
THE Straits Times Index (STI) extended its losing streak on Wednesday (May 11), dipping 0.3 per cent or 8.12 points to close at 3,226.07 points.
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