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Company in the news

Queen Mary halts operations; Urban Commons remains committed to lease

SINGAPORE (May 22): Eagle Hospitality Trust’s (EHT)’s sponsor, Urban Commons has pledged its commitment to the Queen Mary Long Beach, its second largest asset which has been dogged by controversy.

Company in the news

CapitaLand to launch ecommerce platform and online food ordering platform by June 1

SINGAPORE (May 22): CapitaLand will be releasing its ecommerce platform eCapitaMall, and an online food ordering platform Capita3Eats (pronounced as Capita treats).

Company in the news

Oceanus scales back farming, banks on distribution

SINGAPORE (May 22): Oceanus Group, known for abalone farming, has a new business model.

Company in the news

Hedge fund that shorted Luckin Coffee since 2019 is betting on worse to come

(May 21): One of the first hedge funds to wager against Luckin Coffee Inc. is betting the stock’s 93% plunge this year has further to go.

Company in the news

Eagle Hospitality Trust's Wu and Woods to quit following discovery of 'prejudicial' transactions

SINGAPORE (May 20): Eagle Hospitality Trust’s (EHT) non-executive chairman Howard Wu and deputy chairman Taylor Woods are set to resign from the Board of Directors, the REIT announced on Wednesday.

Company in the news

Two security-related stocks hit top volume with price surge, triggering SGX query

SINGAPORE (May 20): Two security-related small-cap stocks, Secura Group and IPS Securex Holdings, are the two most actively traded counters this morning.

Company in the news

Universal Resource and Services files police report following special audit

SINGAPORE (May 19): The board of Universal Resource and Services had filed a report with the Commercial Affairs Department, following the release of a special audit which suggested that insiders of

Company in the news

Perennial's substantial shareholders "reviewing options"

SINGAPORE (May 18): Unnamed “substantial shareholders” of Perennial Real Estate Holdings are “reviewing the options”, the company said after market hours on May 18.

Company in the news

"Scheme of deceit" may have been committed at Universal Resource and Services

SINGAPORE (May 18): A special audit released earlier today has shown that internal controls at Universal Resource and Services Limited had failed, leading to discrepancies in its financial records

Company in the news

EHT says sponsors Wu and Woods made deals "prejudicial" to minority unitholders

SINGAPORE (May 15): Eagle Hospitality Trust said it has found additional agreements made between on one hand between Howard Wu and Taylor Woods, and certain hotel managers on the other, that were m

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