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Month: March 2025

Posted on 03/03/2025

Chips allegedly moved through Singapore were headed for Malaysia; final destination under investigation: Shanmugam

Law and Home Affairs Minister K Shanmugam said Singapore’s investigations were carried out independently and not requested by the US, which has placed export controls on the chips.

Posted on 03/03/2025

Servers Used in Singapore Fraud Case May Contain Nvidia Chips, Minister Says

Singapore's Home Affairs and Law Minister K Shanmugam told reporters on Monday that the servers involved in the case were supplied by Dell Technologies and Super Micro Computer before they were sent ...

Posted on 03/03/2025

Singapore’s armed forces to build new counter-UAS capabilities, embrace dual-use technology

A suite of sensors, jammers and weapon solutions will help detect and neutralise smaller unmanned aerial systems.

Posted on 03/03/2025

Malaysian stem cell therapy provider Yakin Medic aims to raise RM100 million in Catalist IPO: report

STEM cell therapy provider Yakin Medic is planning to list on the Catalist board of the Singapore Exchange as part of plans to expand into new markets, Malaysian newspaper The Star reported on Friday ...

Posted on 03/03/2025

Singapore’s health minister assures parents who report children for vaping won’t face fines

Children reported by their parents for vaping will not be fined, Minister of State for Health Rahayu Mahzam clarified in Parliament today. According ...

Posted on 03/03/2025

Singapore’s CDL stock plunges to 16-year low amid family feud

SINGAPORE -- Shares of Singapore-based developer City Developments (CDL) plunged to a 16-year low on early Monday, after a three-day trading halt, amid a boardroom tussle between father and son for ...

Posted on 03/03/2025

Property giant CDL’s shares plummet as trade resumes amid feud between Singapore’s 4th richest billionaire Kwek Leng Beng and CEO son

Property giant City Developments Limited’s shares plunged on Monday as trading resumed after a three-day suspension triggered by an ongoing boardroom dispute between Singaporean billionaire Kwek Leng ... ( read original story ...)

Posted on 03/03/2025

Is It Still A Good Time to Buy Singapore Banks?

With Singapore bank share prices near record highs, is it still a good time to buy? The post Is It Still A Good Time to Buy Singapore Banks? appeared first on The Smart Investor.

Posted on 03/03/2025

DBS raises target price for Grand Venture Technology to $1.12 on brighter semicon outlook

DBS Group Research has maintained its "buy" call on Grand Venture Technology following its FY2024 earnings that came in above expectations. With an "upbeat" guidance for the current 1HFY2025, analysts ...

Posted on 03/03/2025

Singapore’s CDL Loses Biggest Developer Spot After Feud

Singapore’s largest listed developer after its stock fell on Monday, underscoring investors’ concern about the family feud unfolding in public. Shares of the Singapore-based developer fell as much as ...

Posted on 03/03/2025

Singapore will fully back efforts for a homeland and state for Palestinians: PM Wong

Singapore Prime Minister Lawrence Wong says the country will fully back international efforts for a homeland and state for the Palestinian people, as part of a negotiated two-state solution. He adds ...

Posted on 03/03/2025

Singapore’s CDL Plunges to Lowest Since 2009 After Family Feud

City Developments Ltd.’s shares plunged as much as 7% after a trading halt was lifted Monday, underscoring the destruction of the family feud playing out in public.Most Read from BloombergCuts to Sect ...

Posted on 03/03/2025

CDL in global spotlight as father, son tussle for board control; OCBC, Yangzijiang take beating

Separately, CapitaLand Investment and Raffles Medical announce 50% dividend payout policies. Read more at straitstimes.com.

Posted on 03/03/2025

DBS Sticks to Their Buy Rating for ST Engineering (SGGKF)

In a report released today, Jason Sum from DBS maintained a Buy rating on ST Engineering (SGGKF – Research Report), with a price target of ...

Posted on 03/03/2025

CDL lifts trading halt amid boardroom tussle, says ‘business as usual’

It had called for a trading halt on Feb 26 in view of the falling-out between Kwek Leng Beng and his son Sherman. Read more at straitstimes.com.

Posted on 03/03/2025

CDL shares to resume trading; company says it’s “business as usual”

SINGAPORE: The trading halt on shares of City Developments Limited (CDL) is being lifted on Monday (Mar 3) with the company saying it's "business as usual" after the boardroom leadership tussle ...

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