Sino Construction’s share price rose on Monday morning after the company said it would raise S$6.5 million through the placement of 262 million new shares.
People who are in a position to know have been saying loudly and clearly of late that we may be headed towards another global financial crisis. But it seems that these are “voices crying in the wilderness” and even if others are able to understand the threat, they do not care.
The Monetary Authority of Singapore (MAS) said on Thursday it has taken civil penalty action against former UOB Kay Hian remisier Tan Hua Ann for false trading.
Blumont Group said on Monday that it is considering its options on how to comply with Singapore Exchange’s (SGX) requirement that securities listed on the Main Board must maintain a minimum share price of S$0.20 each.
Lifebrandz is shutting down its food and beverage (F&B) establishments in Clarke Quay after its subsidiaries were unable to pay employees their salaries for the month of February.
Blumont Group said on Friday that it has waived all conditions to its off-market takeover bid for Australia-listed mineral exploration and development company Genesis Resources Limited via a share swap.
As the market operator, the Singapore Exchange (SGX) has to balance the interests of all participants: retail and institutional investors, traders and intermediaries, such as brokers and remisiers, all of whom have differing objectives and concerns (“Investing not the same as trading” by Mr Narayana Narayana; Wednesday).
Mainboard-listed Blumont Group said on Wednesday that the directors of Genesis Resources (GES) have recommended on March 3, 2015, that the shareholders of the Australia-listed miner reject its takeover offer.
Recently, Chew Su Tat of the Singapore Exchange (SGX) commented in the local media on the issue of continuous all-day trading (CAT) in our local bourse.
Sino Construction took another hit on Tuesday, with another 48.7 per cent of its value wiped off during the session. This comes after its share price had tumbled 55.8 per cent on Monday, after the company warned on Friday of an expected net loss for FY14 and a month-long extension to its financial results release.
Sino Construction shares plunged 55.8 per cent on Monday, with S$194 million wiped off its market cap within a single trading session. This comes after the company warned investors last Friday of an expected net loss for FY14 and a month-long extension to its financial results release.
JES International Holdings will ask the Singapore Exchange (SGX) for an additional month to report its 2014 results and to hold its annual general meeting because of issues related to its Chinese subsidiaries.