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Tag: Singapore

Posted on March 3, 2025

Property giant CDL’s shares plummet as trade resumes amid feud between Singapore’s 4th richest billionaire Kwek Leng Beng and CEO son

Property giant City Developments Limited’s shares plunged on Monday as trading resumed after a three-day suspension triggered by an ongoing boardroom dispute between Singaporean billionaire Kwek Leng …

( read original story …)



Posted on March 2, 2025

Temasek-backed companies should not face obligation to list in Singapore: Chee

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 Member of Parliament Louis …
Posted on March 2, 2025

Extended GST grace period for SMEs among initiatives to help firms in Singapore: MOF

From July 1, 2025, the Inland Revenue Authority of Singapore (Iras) will extend the grace period for businesses to begin charging goods and services tax (GST), from one month to two months after a …
Posted on March 2, 2025

Temasek-backed companies should not face obligation to list in Singapore: Chee

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 Member of Parliament Louis …
Posted on March 2, 2025

Father-Son Feud Plunges Singapore’s Richest Clan Into Crisis

An alleged boardroom coup attempt, a lawsuit between a family patriarch and his son, and accusations of corporate governance lapses — even by the standards of Asian succession drama, the family feud …
Posted on March 2, 2025

High-stakes father-son feud rocks Singapore property giant

A high-stakes father-and-son feud has plunged Singapore property giant City Developments Ltd (CDL) into turmoil, with the private boardroom dispute of one of the city-state’s wealthiest families …

( read original story …)



Posted on March 2, 2025

Singapore equities climb 6% on gains in finance, telecom sectors: FTSE Russell

Singapore’s equity market delivered a 6.0% return, outperforming its ASEAN peers. Singapore’s strong equity performance, driven by Financials, Telecom, and Utilities, reflects robust market sentiment, …
Posted on March 2, 2025

Singapore equities climb 6% on gains in finance, telecom sectors: FTSE Russell

Singapore’s equity market delivered a 6.0% return, outperforming its ASEAN peers. Singapore’s strong equity performance, driven by Financials, Telecom, and Utilities, reflects robust market sentiment, …
Posted on March 2, 2025

Singapore bank UOB hits record high after Q4 earnings beat, $2.2 billion capital return

Shares of Singapore’s United Overseas Bank, or UOB , hit a record high on Wednesday after it posted a 9% rise in fourth-quarter net profit that beat expectations and announced a S$3 billion ($2.24 …
Posted on March 2, 2025

Singapore bank UOB hits record high after Q4 earnings beat, $2.2 billion capital return

Shares of Singapore’s United Overseas Bank, or UOB , hit a record high on Wednesday after it posted a 9% rise in fourth-quarter net profit that beat expectations and announced a S$3 billion ($2.24 …

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