Hyflux’s potential white knight Pison assures investors it is aware of tight timelines

PISON Investments, which previously expressed interest in investing in beleaguered water-treatment firm Hyflux, said it is focused on the launch of the invitation and on completing the purchase of eligible debts as soon as possible. Want to know more on Hyflux's potential white knight Pison assures investors it is aware of tight timelines click here go to market news source. Market news summary from The Business Times News.Author:...

SPH expects ‘significantly lower’ operating profit for FY20

MEDIA and property group Singapore Press Holdings (SPH) said in a corporate presentation on Monday that its operating profit for FY20 ending Aug 31 is expected to be "significantly lower" than the S$187 million recorded in the year-ago period on the back of the ongoing pandemic.  Want to know more on SPH expects 'significantly lower' operating profit for FY20 click here go to market news source. Market news...

STI slips 0.81% after surprise General Election outcome

SINGAPORE stocks ended Monday on a softer note, after a surprise general election outcome in the early hours of Saturday, in which the ruling People’s Action Party secured a smaller-than-expected margin of victory. Want to know more on STI slips 0.81% after surprise General Election outcome click here go to market news source. Market news summary from The Business Times News.Author: Ben Paul

Troubled oil trader ZenRock’s IJMs uncover doubtful, ‘unusually large cash transactions’

THE interim judicial managers (IJMs) of Singapore’s troubled ZenRock Commodities Trading have uncovered hundreds of “questionable” transactions involving duplicate sales invoices, as well as multiple back-to-back “side transactions” and “unusually large cash transactions” following a scrutiny into the trader’s affairs. Want to know more on Troubled oil trader ZenRock's IJMs uncover doubtful, 'unusually large cash transactions' click here go to market news source. Market news summary from The...

Fintech M-DAQ and Thai stock exchange tie up to show SET50 prices in 10 currencies

HOMEGROWN fintech startup M-DAQ has partnered the Stock Exchange of Thailand (SET) to develop a solution that enables investors to view the real-time prices of SET50 stocks in 10 different currencies. Want to know more on Fintech M-DAQ and Thai stock exchange tie up to show SET50 prices in 10 currencies click here go to market news source. Market news summary from The Business Times News.Author: Rachel Mui

GE2020 result unlikely to move dial for Singapore market: analysts

POLICY support to ease stresses on businesses caused by Covid-19 will continue to drive the Singapore market, even as the fall in vote share held by Singapore’s ruling party after Friday's General Election (GE) could spur some shift in policy over the longer term, analysts said. Want to know more on GE2020 result unlikely to move dial for Singapore market: analysts click here go to market news source....

SIA group to operate at 7% of pre-Covid-19 capacity in August

NATIONAL carrier Singapore Airlines (SIA) and its regional arm SilkAir have increased the frequency of selected services in their passenger network for July and August. This is according to a travel advisory on their Facebook pages, which were updated on Monday.  Want to know more on SIA group to operate at 7% of pre-Covid-19 capacity in August click here go to market news source. Market news summary from...

Hot stocks: Medtecs and UG Healthcare both sink, prompting SGX queries

SHARES of Catalist-listed healthcare players Medtecs International Corporation and UG Healthcare tumbled at around the same time during Monday's afternoon trade, prompting separate queries from the Singapore Exchange (SGX). Want to know more on Hot stocks: Medtecs and UG Healthcare both sink, prompting SGX queries click here go to market news source. Market news summary from The Business Times News.Author: Vivienne Tay

Four in 10 Singapore investors eyeing sustainable investments: StanChart

NEARLY four in 10 investors in Singapore are considering allocating 5 to 15 per cent of their funds to sustainable investments over the next three years, according to a report released on Monday by Standard Chartered Private Bank, the private banking arm of Standard Chartered Bank (Singapore). Want to know more on Four in 10 Singapore investors eyeing sustainable investments: StanChart click here go to market news source. Market news...

Broker’s take: Maybank KE initiates ‘buy’ call on Frencken, citing ‘quality growth, diversity and margins’

MAYBANK Kim Eng on Sunday initiated coverage of Frencken Group with a "buy" call and a target price of S$1.20, citing quality growth, diversity and margins. Want to know more on Broker's take: Maybank KE initiates 'buy' call on Frencken, citing 'quality growth, diversity and margins' click here go to market news source. Market news summary from The Business Times News.Author: Rachel Chia
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