Corporate digest
BlackGold Natural Resources
BLACKGOLD Natural Resources chairman and chief executive Philip Cecil Rickard is resigning after the upcoming annual general meeting (AGM) to be held on Oct 31. Mr Rickard, 50, said he has chosen to spend time with his family, since BlackGold's planned investment in a coal-fired power plant project in Riau, Indonesia failed to pan out. The company had announced that it was pulling its plans for the project 11 months ago.
The firm was also entangled in an Indonesian power plant graft scandal last year.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
S&P slashes Boeing credit outlook as rating hovers above junk status
Honda to spend US$11 billion on EV strategy in Canada
GlaxoSmithKline sues Pfizer and BioNTech over Covid-19 vaccine technology
Mapletree Industrial Trust Q4 DPU rises 0.9% to S$0.0336
Nasdaq’s profit falls as shaky economy keeps IPO revival elusive
iFast Q1 net profit surges on ePension unit performance