Swee Hong to be added to SGX watch-list; Samko Timber to exit watch-list

4 Dec 2016 - Business Times Breaking News
SWEE Hong Limited will be placed on the Singapore Exchange's watch-list from Monday, for failing to meet the exchange's minimum continuing criteria. The company has recorded pre-tax losses for its three most recently completed consecutive financial years. It has also had an average daily market capitalisation ...
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IBM makes ecosystem push, promotes blockchain and cognitive computing

4 Dec 2016 - DealStreetAsia
Requirements that banks and financial institutions comply with Know Your Customer (KYC) requirements is a global challenge which blockchain technologies hold significant potential to help address. However, NYSE-listed IBM may change this, given that earlier in November it announced an an announcement ...

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Vallianz Holdings facing 2 foreign lawsuits related to Swiber

2 Dec 2016 - Business Times Breaking News
CATALIST-LISTED offshore-support vessel provider Vallianz is facing two lawsuits from overseas in relation to distressed offshore and marine company Swiber Holdings that may involve more than S$10 million in total. In a filing after market close on Friday, Vallianz said that it is facing a suit from ...
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ARA Trust Management announces new CEO

2 Dec 2016 - Business Times Breaking News
AS part of succession plans, Yeo See Kiat will be retiring as chief executive and stepping down as executive director of ARA Trust Management while Chan Kong Leong will take over both roles from Jan 1 next year. ARA Trust Management is the manager of Suntec Real Estate Investment Trust.
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Swissco IJMs to pay wages to crew of vessels, service asset

2 Dec 2016 - Business Times Breaking News
THE interim judicial managers (IJMs) of beleaguered vessel operator Swissco Holdings and its subsidiary Swissco Offshore (SOPL) have been authorised by the court to make payment of wages to crew of certain vessels and service asset employed by SOPL. The IJMs revealed this in a filing on Friday evening ...
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Nam Cheong client cancels vessel contract; legal action being considered

2 Dec 2016 - Business Times Breaking News
A CLIENT of vessel builder Nam Cheong has just officially cancelled a contract to receive a vessel. While the main board-listed builder is considering legal recourse, it says the cancellation is expected to impact its earnings for this financial year, though the extent is still undetermined, Nam Cheong ...
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Shareholders of SPH Reit ask about buying over Seletar Mall, threat of online shopping

2 Dec 2016 - Business Times Breaking News
SHAREHOLDERS at the SPH Reit annual general meeting on Friday asked if the real estate investment trust sponsored by media group Singapore Press Holdings (SPH) would add Seletar Mall to its portfolio and queried about the threat of online shopping, among other things. In response, chairman Leong Horn ...
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CapitaLand: In Sharing Economy Partnership With IE Singapore & Leading Chinese Co-Working Space Operator UrWork To Help Singapore SMEs Enter China.

2 Dec 2016 - ShareInvestor Express
International Enterprise Singapore, CapitaLand and UrWork signed a Memorandum of Understanding to facilitate Singapore companies' entry into China amid the growing trend of the sharing economy...
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Courts Asia: Strengthens Singapore & Malaysia Leadership Teams With Key Appointments.

2 Dec 2016 - ShareInvestor Express
Courts Asia Limited announced two key leadership appointments in Singapore and Malaysia in line with driving business growth. Mr Tan Huat Ben will be appointed Designate Country CEO, Singapore, in January before assuming the Country CEO role in April. Mr Dolf Posthumus will assume the position as Country ...
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Suntec REIT: Announces Succession Planning.

2 Dec 2016 - ShareInvestor Express
As part of ARA Trust Management (Suntec) Limited's succession planning, Mr Yeo See Kiat will be retiring as Chief Executive Officer of the Manager and also cease to be an Executive Director of the Manager. Mr Chan Kong Leong will be appointed as CEO of the Manager and will assume the role of Executive ...
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