SGX

Alita Resources suspends trading after going into voluntary administration

SINGAPORE - Catalist-listed lithium miner Alita Resources suspended trading of its shares on Tuesday morning (Sept 3), days after administrators and receivers were appointed in relation to its...

Making Catalist sponsors more accountable seen as timely move

PLANS by the Singapore Exchange Regulation (SGX RegCo) to hold Catalist sponsors to greater accountability will address key concerns in regulating the junior board, said industry observers.

Would-be Hyflux white knight Utico plans to list in Singapore

The Middle Eastern utility company that is lining up a rescue deal to save embattled water treatment firm Hyflux is planning to list here.

Pine Capital appoints independent reviewer to look into allegations of lapses, conflict of interest

SINGAPORE - Catalist-listed financial services firm Pine Capital has appointed KordaMentha as the independent reviewer to investigate numerous allegations received from various parties since...

SGX looking to curb big price swings during auction windows

THE Singapore Exchange (SGX) is seeking feedback on whether it should introduce volatility controls to the securities trading auction process, to protect investors from extreme price swings.

Minority shareholders block $183m exit offer for Challenger

Minority shareholders, disgruntled at what they regarded as a cheapskate offer for their stock, shot down an $183 million buyout of local IT retailer Challenger at a dramatic meeting yesterday....

SGX to boost derivatives, target South-east Asia unicorns: CEO

SINGAPORE - The Singapore Exchange (SGX) aims to add products to its lucrative derivatives business and offer South-east Asian unicorns a platform to list shares and bonds, in a multi-asset...

MoneyMax CFO resigns after a year

SINGAPORE - The chief financial officer (CFO) of MoneyMax Financial Services, Wee Sung Leng, has resigned to pursue other interests.

Powerstrip producer TrickleStar seeks Catalist listing

SINGAPORE - TrickleStar Limited, a producer of energy saving products, has lodged a preliminary prospectus for a planned initial public offering (IPO) on the Singapore Exchange's Catalist board...

Third500 in talks with 35-40 US firms on pre-IPO financing leading to a listing

BOUTIQUE global investment bank Third500 is in "active dialogue" with some 35 to 40 venture-backed emerging US firms to provide them access to pre-IPO (Initial Public Offering) financing via...

SGX returns to back US$60m investment into US bond trading platform Trumid

SINGAPORE - Trumid, a New York-based fintech startup and bond trading platform, has secured fresh investment from global investment firm Hillhouse Capital in a US$60 million funding round.