Singapore Exchange Ltd (SGX) is amending its initial public offering (IPO) rules to clarify that life science companies seeking to list on its mainboard exchange do not need to be revenue-generating.
Liquidators of Hin Leong, top creditor HSBC seeking repayment in civil suit
THE court-appointed liquidators of beleaguered oil trader Hin Leong Trading, as well as its largest creditor HSBC, are seeking US$3.5 billion from the company’s founder Lim Oon Kuin (better known as ...
Man fined $15,000 for illegally importing more than 180kg of food products from China
SINGAPORE - A Singaporean man was fined $15,000 on Thursday for illegally importing more than 180kg of meat and seafood products from China, according to a joint statement by the Singapore Food Agency ...
Singapore fuel oil inventories drop to three-week lows
Residual fuel oil stocks at key trading hub Singapore retreated to three-week lows, official data showed on Thursday, amid a strongly backwardated market and high storage financing costs. Onshore fuel ...
Singapore stocks rise on Thursday amid mixed regional trading; STI up 0.3%
Local stocks inched higher on Thursday amid mixed trading in the region and a nervy session on Wall Street overnight ahead of upcoming inflation figures. Read more at straitstimes.com.
7 Singapore companies on Forbes Asia’s Best Under A Billion 2023 list
SINGAPORE — Seven Singapore companies made it to this year's Forbes Asia's Best Under A Billion list. The annual list, released on Thursday (10 August), highlights 200 small and midsized publicly ...
Millions of crypto investors’ wallets at risk of attacks due to security flaws, says study
Dubbed BitForge, it had impacted popular wallet providers like Coinbase WaaS and Binance. Read more at straitstimes.com.
Singapore first among ASEAN members to skip Myanmar junta-hosted military exercises
The Southeast Asian nation joined Australia, Japan, New Zealand, South Korea and the USA in declining to attend one of a series of defence ministers’ summits on counter-terrorism strategies ...
TVS Supply Chain Solutions IPO: Subscription Opens TODAY! Check Latest GMP, Allotment, Lisiting Dates, Price Range – All Details
The TVS Supply Chain Solutions IPO is a book Built Issue with a total issue size of Rs 880 core. The price range of the IPO is Rs 187 to Rs 197 per share and the IPO will list on BSE and NSE.
Singapore’s OK Lim faces liquidators, banks in US$3.5 bil case
Hin Leong’s liquidators are PricewaterhouseCoopers LLP’s Chan Kheng Tek and GTP Advisory PAC’s Goh Thien Phong.
Singapore Chess Federation ex-treasurer awarded S$120,000 in defamation suit over sexual misconduct allegation
Mr Jasmin Nisban’s lawsuit arose from efforts by others to oust the chess body’s president and executive council in 2015, following a shock election result.
Singapore banks ‘ploughing ahead’, with 2QFY2023 results beating CLSA’s conservative estimates
Singapore’s banks are “ploughing ahead”, admit CLSA analysts Neel Sinha and Lin Daxin, as the trio’s results for 2QFY2023 ended June beat their estimates by 5%-17%. Among them, DBS D05 -0.17% was the ...
Millionero Seizes Best Emerging Crypto Exchange Accolade at World Blockchain Summit 2023 Singapore
Singapore's vibrant cityscape played host to the World Blockchain Summit 2023, a global fulcrum for blockchain innovation, spotlighting the dynamic evolution of the decentralized economy. In this ...
BMC Connect 2023: Singapore’s premier technology innovation event
Join BMC Connect 2023 in Singapore. Learn from industry leaders, network with professionals, and drive your business forward at this must-attend event.
‘A fighting chance’: IPO-bound Mirxes on why it chose Hong Kong over Singapore
IN THE days after cancer diagnostics startup Mirxes announced it applied to Hong Kong’s stock exchange for an initial public offering (IPO), executives at the company were flooded with questions about ...
City Developments Profit Drops Despite Jump in Property Business
City Developments Ltd., run by Singapore’s richest real estate empire, posted a 94% drop in its first-half profit, as the absence of divestment gains booked a year earlier masked strong results in the ...