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Posted on 17/08/2024

COSCO SHIPPING International (Singapore) First Half 2024 Earnings: EPS: S$0.001 (vs S$0.001 in 1H 2023)

Net income: S$2.28m (up 16% from 1H 2023). Profit margin: 2.8% (up from 2.2% in 1H 2023). The increase in margin was driven by lower expenses. COSCO SHIPPING International (Singapore) shares are up ...

Posted on 17/08/2024

Schools in Singapore impose phone bans to reduce distractions, rekindle social interaction

France, Finland and China have already banned the use of mobile phones in schools. Read more at straitstimes.com.

Posted on 17/08/2024

Q & M Dental Group (Singapore) First Half 2024 Earnings: EPS: S$0.01 (vs S$0.006 in 1H 2023)

Performance of the market in Singapore. The company's shares are up 1.9% from a week ago. It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign ...

Posted on 17/08/2024

Number of loans to female entrepreneurs rises over 30% after launch of SME programme in April: OCBC

MORE female-owned businesses in Singapore took loans from OCBC, following the launch of a programme aimed at accelerating the growth of women-led small and medium-sized enterprises (SMEs) in April.

Posted on 17/08/2024

Software Firm AvePoint Said to Weigh Second Listing in Singapore

AvePoint Inc. is considering a second listing in Singapore, people with knowledge of the matter said, in a deal that would bring the US infrastructure software firm a step closer to some of its ...

Posted on 17/08/2024

Former bank employees in Singapore charged in money laundering scheme

Two former bank relationship managers are facing multiple charges for their involvement with a billion-dollar money laundering operation that converted dirty money into assets held in Singapore, ...

Posted on 17/08/2024

Billionaire Jean Salata’s EQT Asia To Buy Singapore’s PropertyGuru For $1 Billion

The PropertyGuru app offers property listings across Singapore, Malaysia, Thailand, and Vietnam. EQT Private Capital Asia—an Asian buyout fund backed by Hong Kong-based billionaire Jean Salata—has ... ( read original story ...)

Posted on 17/08/2024

Singapore jails businessman who tried to buy Newcastle United in 2020

Loh made headlines in 2020 for an attempt to buy Newcastle United but left Singapore weeks later amid allegations of accounting irregularities.

Posted on 17/08/2024

Crypto.com to Sponsor UEFA Champions League Until 2027, Expanding More in Sports

The Singapore-based crypto exchange platform, Crypto.com, is now making a move for Europe's top football body, theUEFA Champions League, where it is now named the sponsor in a three-year agreement.

Posted on 17/08/2024

Singapore’s key exports beat analysts’ expectations with 15.7% on-year increase in July

After five months of contraction, Singapore's key exports grew 15.7 per cent on-year in July. Strong demand for electronics and non-electronics goods fuelled the expansion, reversing the previous ...

Posted on 16/08/2024

Singapore’s PropertyGuru Agrees To Be Taken Private By EQT AB In $1.1B Deal: Details

Once completed, PropertyGuru will go private, its shares will be delisted from the NYSE, and the company’s headquarters will remain in Singapore. Hari V. Krishnan, CEO & MD, PropertyGuru Group, said, ... ( read original story ...)

Posted on 16/08/2024

StanChart unveils account linking clients’ rates to their ESG performance

The corporate banking product will be piloted in the bank’s Hong Kong and Singapore markets before a further rollout “in due course.” ...

Posted on 16/08/2024

Nelson Loh jailed 15 years, 9 months for forgery, cheating, money laundering

In a statement on Friday (Aug 16), the Singapore Police Force said that Loh was convicted ... BT had previously reported these banks as Maybank, Standard Chartered Bank, Citibank, DBS, UOB and HSBC.

Posted on 16/08/2024

Singaporean linked to Newcastle United takeover bid, jailed 15 years and nine months

He faced a total of 60 charges, including over cheating, forgery and money laundering. Read more at straitstimes.com.

Posted on 16/08/2024

Sea returns to black in 2QFY2024, OCBC keeps ‘buy’ at raised FV of US$90

While Sea returned to the black in its 2QFY2024, OCBC's Lim notes that its EPS of 14 US cents came in below estimates.

Posted on 16/08/2024

Crypto Miner Bitdeer Plans $150M Public Offering for Data Center Expansion

Bitdeer Technologies Group has revealed plans to raise $150 million through a public offering of convertible notes set to mature in 2029.

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