New rules under Singapore's bankruptcy framework to create a more "rehabilitative environment" for bankrupts will come into force from August, the Ministry of Law (MinLaw) said on Wednesday.
Oil and gas contractor Swiber Holdings has filed a winding-up application, and its directors have resigned to pursue their own interests, the company announced on Thursday.
When Indonesian coal miner Resources Prima Group (RPG) requested on Thursday last week for its trading halt to be lifted after the company announced it had received two legal letters of demand, the time for trading to resume was seven minutes later.
An ex-remisier has been charged with defrauding under the Securities and Futures Act - the first prosecution case by the Monetary Authority of Singapore (MAS) under the MAS-CAD (Commercial Affairs Department) joint investigation regime.
China Fibretech, whose shares remain suspended from trading since Nov 30, 2015, said on Friday it will engage a law firm to handle the 466 million yuan (S$94.6 million) damage claims made by its customers.
A former remisier has been charged with defrauding under the Securities and Futures Act - the first prosecution case by the Monetary Authority of Singapore (MAS) under the MAS-CAD (Commercial Affairs Department) joint investigation regime.
In a move welcomed by market watchers as long overdue, the Singapore Exchange (SGX) said on Monday that it is hiving off its regulatory arm from its commercial activities.
Geo Energy Resources has added a third coal mine under its belt that will double its coal reserves to over 100 million tonnes following its latest acquisition of a mine in South Kalimantan, Indonesia for US$90 million.
In recent months, the Singapore Exchange (SGX) has made significant strides in raising the governance bar to further reinforce investors' confidence in the local stock market and protect their interests.
The most worrying aspect of Thursday's stock market disruption is not that it lasted for as long as it did but that it was met with a relatively tame and subdued response from the investing public.
In a High Court trial that started yesterday, stockbroking firm AmFraser Securities is seeking to recover $1.88 million, with interest, from a former customer who racked up the trading losses in the October 2013 penny stock crash.
The pressures on the economy from slower growth and high home prices may prevent the Government from unwinding its property cooling measures, according to Maybank Kim Eng.
MMP Resources, formerly known as Sino Construction, is planning to acquire Hokkaido ski operator JRT Trading for 80 million yen (S$1.05 million) in cash. On top of that, it will repay over two years a 37.5 million yen loan that JRT Trading owes.
Indonesian coal mining group Geo Energy has secured a deal to supply coal to global commodities group Engelhart Commodities Trading Partners (Singapore), or ECTP, until recently known as BTG Pactual Commodities, for the entire lifespan of its wholly owned coal mine.
Investment firm ISR Capital has entered into an agreement to acquire a further 40.1 per cent stake in a Madagascar rare earth concession holder from Reo Magnetic for S$26.7 million.
Beleaguered China Fishery Group, along with more than 15 affiliates, has filed for Chapter 11 bankruptcy protection in New York. Restructuring proceedings have also begun in Peru, the US, and the British Virgin Islands.
The management of DTZ Debenham Tie Leung (SEA) has bought out the majority stake of over 60 per cent held by Cushman & Wakefield and relaunched the firm with its original name, Edmund Tie & Company.