Markets & Investing

Prakash Shah joins SMX as President of Metals & Energy

He was Director and Head of Commodity Sales and Structuring at Bank of America Merrill Lynch, Singapore prior to joining SMX.

Investment holding company Jadason Enterprises responds to SGX queries

The Company’s receivables increased from S$24.98m to S$35.03m, and SGX is asking for clarifications.

Industrial group SP Corporation’s unaudited results gets SGX confused

SGX then requested the company to disclose 7 facts about its income in 3QFY2011.

SGX queries Eastgate Technology’s decreasing payables

Other Payables balance of the Group has decreased from S$10m to S$2.23m, and SGX wants to know how it happened.

SingTel subsidiary acquires Advanced Info Services shares

SingTel Strategic Investments is purchasing 61 million ordinary shares for as much as approximately S$328m.

Parkson Retail Asia joins SGX Mainboard

With a market capitalisation of about S$ 640 million, Parkson brings the total number of listed companies on SGX to 776.

Viz Branz reveals update on shareholders’ ownership dispute

Chng Khoon Peng filed a suit against Ben Chng Beng Beng for a dispute over the ownership of ~19% shares in the Company in February but they have...

Morgan Stanley wins narrowing of claims against Singapore investors

Among the claims trashed were negligent misrepresentation, breach of fiduciary duty, unjust enrichment, and aiding and abetting.

Tiger Airways to trade rights shares on SGX-ST Mainboard

The more than 270 million rights shares are listed starting 9:00am on 4 November 2011.

Singapore Exchange suspends MF Global

Bad news for MF Global as almost all of its customers’ positions on SGX have been transferred or closed out.

SGX Mainboard welcomes Parkson Retail Asia

The second biggest department store operator in Malaysia plans to use most of its IPO proceeds to expand its business in existing markets and to open...

Nikko Asset Management Singapore appoints Ng Soo Nam as Executive Director

Mr Ng worked as Chief Investment Officer for Mirae Asset Global Investment Management (Asia).

You won't believe how much cloud services will be worth by 2014

Cloud computing is here and SMEs in Singapore need to embrace it. The transition to public or private clouds is gaining pace as companies in...

To the rescue: MAS reiterates it’s a priority to safeguard interests of MF Global investors

The central bank also assured that the voluntary winding down of MFGS does not pose systemic stability concerns for the financial sector in Singapore...

SGX October derivatives and OTC clearing volumes rise

Yet securities turnover fell 38% to $28bn as global uncertainties continued to affect investors.

MF Global appoints provisional liquidators from KPMG

Provisional liquidators will oversee the winding down of the company.