Asia’s biggest Reit, will buy a portfolio of assets from Singapore shopping mall owner NTUC Enterprise Co-operative for S$2.16 billion, NTUC unit Mercatus Co-operative confirmed on Wednesday (Dec 28).
Penny stock crash mastermind John Soh gets 36 years’ jail, Quah Su-Ling sentenced to 20 years
Singapore’s most audacious market manipulation case wiped out nearly $8 billion in market value in 2013. Read more at straitstimes.com.
UOBKH’s ban from IPO, RTO sponsor activities significant but unsurprising: market watchers
UOB Kay Hian’s (UOBKH) ban from new issue and sponsor activities is a significant one, but comes as no surprise to market watchers polled by The Business Times. Read more at The Business Times.
Latest Singapore Savings Bond gets lukewarm interest
SINGAPORE Savings Bonds (SSBs) allotted on Wednesday (Dec 28) were marginally oversubscribed, with investors applying for up to S$172,500 being fully allotted in an issuance that offers less ...
Customs officer tells Singapore woman with Malaysian boyfriend she can’t enter JB daily, must have 1-week interval between visits
A Singaporean woman took to Reddit with questions after a customer officer in Johor Bahru asked her to wait one week before returning to Malaysia. The Reddit user Odd_Impression_254 wrote on ...
Singapore’s Covid-19 measures for travellers from China unchanged: MOH
Singapore is maintaining its prevailing Covid-19 rules towards incoming travellers from China, as the country prepares to reopen its borders from Jan 8, 2023.Travellers who are not fully vaccinated, ...
Covid-19 rules for travellers to Singapore from China unchanged, but adjustments to be made if need arises: MOH
Border measures and vaccination requirements in Singapore for travellers and work pass holders from China remain unchanged, though the Ministry of Health (MOH) said it will monitor the international ...
Malaysian businessman jailed for 36 yrs for mkt manipulation in Singapore
The Malaysian mastermind behind Singapore's biggest stock market manipulation, which wiped out nearly SGD8 billion in market value in October 2013, was sentenced to 36 years in jail while his co-consp ...
Malaysian Behind Singapore Penny-stocks Scam Jailed For 36 Years
A Malaysian businessman convicted of masterminding a stock scam that wiped US$5.8 billion off Singapore's exchange was sentenced on Wednesday to 36 years in jail by a court in the city-state.
No change to Singapore’s COVID-19 rules for travellers from China: MOH
SINGAPORE: There is no change to Singapore's COVID-19 rules for travellers and work pass holders arriving from China, the Ministry of Health (MOH) said on Wednesday (Dec 28). "At this juncture, the pr ...
This Year in Singapore: post-Covid life, gay sex ban ends, political renewal, crypto fallouts and more
The city state says its ‘back in business’, hosting a flurry of major events and rebuilding itself as a global aviation hub, even as some doctors voice concern about Covid complacency.
Sixteen Singapore mosques participate in pilot investment programme
Sixteen mosques in the western part of Singapore have signed up to participate in a pilot programme to invest their reserves in order for them to be financially resilient ...
The ride ahead for finance and accounting in 2023 amidst a conservative outlook
Finance & Accounting (F&A) professionals are once again caught in the eye of the storm. Being the designated financial guardians, they play a critical role in helping their organisations navigate ...
Singapore Sentences Stock Manipulator to 36 Years in Jail: ST
Singapore’s High Court has sentenced the main duo linked to a 2013 penny-stock rout to decades in jail, the Straits Times reported Wednesday, citing the court.
Maid stole employer’s ATM card while cleaning, gave it to her friend who withdrew more than S$14,000
SINGAPORE: A maid stole her elderly employer's ATM card while cleaning, sent the card via courier to a friend and instigated her friend to withdraw S$14,350 from the victim's savings account. Huriah, ...
UOB Kay Hian prevented by SGX RegCo from acting as issue manager or full sponsor for IPOs and RTOs for time being
The ban does not include any existing IPO and RTO submissions which UOB Kay Hian agreed to act as issue manager or full sponsor before Aug 31. There was no stop date specified by the SGX RegCo. In ...