Culture
Far East Orchard H2 net profit down 29.4% on lower fair value gains, higher costs
HOSPITALITY and student housing player Far East Orchard’s net profit fell 29.4 per cent to S$40.7 million for the six months ended Dec 31, 2024, hit by lower fair...
Temasek-backed companies should not face obligation to list in Singapore: Chee Hong Tat
COMPANIES should not be obliged to list on the Singapore Exchange (SGX), said Second Minister for Finance Chee Hong Tat on Friday (Feb 28), in response to Workers’ Party...
Singapore shares fall as trade tariff concerns re-emerge overnight; STI down 0.7%
Across the broader market, losers beat gainers 379 to 226, after 2.1 billion securities worth S$2.4 billion are traded SINGAPORE stocks fell in tandem with other regional markets on...
Minority shareholders request UOI to distribute Haw Par shares, unlock shareholder value
Group, led by independent investor Ong Chin Woo, also asks for an independent financial adviser to be appointedSOME minority shareholders of United Overseas Insurance (UOI) have proposed two resolutions...
China, Hong Kong stocks close the week lower on fresh Trump tariffs, focus on NPC meeting
CHINA and Hong Kong equities closed the week lower, ending weeks of gains, as US President Donald Trump announced fresh tariffs on Chinese imports, while investors booked profit on...
Corporate governance risks and opportunities in CDL’s family feud
COMMON wisdom holds that independent directors in family-controlled listed companies are an essential safeguard against family members on the board and management colluding at the expense of minority shareholders....
China’s Chery Automobile applies for Hong Kong IPO
CHINA’S Chery Automobile has applied for an initial public offering (IPO) in Hong Kong, seeking funds to develop new vehicles and technologies as well as to expand in global...
Genting Bhd, Genting Malaysia take big tumble after news of CEO change; Genting Singapore edges marginally lower
GENTING Bhd and Genting Malaysia shares plunged shortly after the market opened on Friday (Feb 28), after news broke on Thursday that Lim Kok Thay will step down as...
Genting Malaysia stocks tumble after news of CEO change; Singapore counter holds steady despite heavy trading
GENTING BHD and Genting Malaysia shares plunged shortly after the market opened on Friday (Feb 28), after news broke on Thursday that Lim Kok Thay will step down as...
IHH Healthcare ‘On Track’ For Double-Digit ROE
INTEGRATED healthcare operator IHH Healthcare is “on track for double-digit return on equity (ROE)” in the coming years, said its management on Friday (Feb 28). While the group did...
