Showing posts from October, 2015

SGX drops private notification plan for significant deals

But privy lists that companies need to maintain widened to include all material transactions

Keppel O&M, SembMarine set to make LNG shipbuilding foray

Keppel Offshore & Marine and Sembcorp Marine are eyeing shipbuilding orders from an expected uptick in small-scale liquefied natural gas activity.

KLW needs independent directors on board

With a key capital-raising opportunity looming, shareholders of KLW Holdings need to consider the history of its new directors and determine if they are truly independent.

KLW’s largest shareholder wins board fight

KLW Holdings’ largest single stakeholder on Monday won his bid to replace a majority of directors with his own nominees as the company sought police help in investigating alleged unauthorised transactions by its managing director.

Ezra disclosures baffle more than enlighten

At first blush, the mystery of who sold a 7.04 per cent stake in offshore and marine group Ezra Holdings to Norway’s DNB Bank on Sept 25 might appear to have been much ado about nothing. As analysts have conjectured, the roughly S$25 million deal was likely to do with a substantial shareholder having pledged some shares to DNB Bank as collateral for financing.

Urgent action needed to restore confidence to Singapore market

I read with interest your BT article “Singapore market value down five months in a row” on Oct 1, 2015. It is worrying that despite all the IPO capital raising from 2012 to 2015, the Sept 30, 2015 closing market cap “was the lowest month-end reading since August 2012, when the total market was worth S$829.3 billion”.

Short-selling not over yet despite fall in share prices

The sell-down on the Singapore bourse has coincided with a sharp spike in short-selling activity in some component stocks of the benchmark Straits Times Index.