Singapore companies

Hour Glass co-founder loses bankruptcy appeal

Jannie Chan Siew Lee, co-founder of mainboard-listed luxury timepieces retailer The Hour Glass, had her appeal against a bankruptcy order dismissed by the High Court yesterday.

Rex unit acquires 30% interest in two Norwegian Sea licences

SINGAPORE - Rex International's 90 per cent-owned subsidiary Lime Petroleum AS inked an agreement on June 21 with DEA Norge to acquire 30 per cent interest each in two drilling licences, PL838 and...

Allied Tech gets further time extension for AGM, Q1 results amid probe into missing $33m

SINGAPORE - Catalist-listed Allied Technologies has received another time extension from the Singapore Exchange (SGX) to hold its annual general meeting (AGM), release its financial statements for...

SGX queries Parkson Retail Asia on trading volume

Department store operator Parkson Retail Asia has been asked by the Singapore Exchange (SGX) about the "unusual volume movements" in the trading of its stock after turnover soared to more than...

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.

Epicentre acting CEO uncontactable; former Apple reseller gets statutory demands from creditors

SINGAPORE - Epicentre Holdings executive chairman and acting chief executive officer Kenneth Lim Tiong Hian has been uncontactable since May 24, the Catalist-listed former Apple reseller announced...

Ayondo chairman disposed of 1.2m shares on Nov 22 for undisclosed sum

SINGAPORE - Ayondo chairman and co-founder Thomas Winkler transferred 1.2 million shares on Nov 22, 2018, at an undisclosed price to third parties who are existing Ayondo shareholders, according...

Vallianz, USP Group warn of full-year net losses

SINGAPORE - Catalist-listed Vallianz Holdings and mainboard-listed USP Group have each warned that they expect net losses for the fiscal year ended March 31, 2019.

Hyflux's fall from darling of the entrepreneurial scene to troubled firm: 5 must-reads

The much-lauded home-grown water and power company filed for bankruptcy protection in 2018.

Olam's first-quarter earnings up 7% on higher revenue

A rise in revenue helped agri-food company Olam International lift its first-quarter earnings although the increase was partly offset by higher depreciation and finance costs.