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Company in the news

Denmark has its own GameStop moment with 1,387% spike in Danish biotech firm shares

Danish investors and analysts spent the morning trying to figure out why a tiny biotechnology company suddenly soared almost 1,400% during US trading hours.

Company in the news

Genting Singapore-led consortium submits bid for Yokohama integrated resort

Genting Singapore filed an announcement to SGX on June 11 stating that it has submitted a bid in response to the Yokohama City request for proposal (RFP) for an integrated resort (IR) pro

Company in the news

Sarine Technologies burnishes returns with turnaround and dual-listing move

Diamonds are not just known for being a woman’s best friend, but they also make a good investment in anyone’s portfolio.

Company in the news

Hin Leong sues Deloitte over failure to detect irregularities in its books

A failed oil trader in Singapore that owes creditors more than US$3.5 billion ($4.63 billion) is suing Deloitte & Touche LLP, alleging the auditing firm failed to detect “serious irregularities

Keppel Infrastructure Trust to make further arbitration provisions of $23.8 mil for Basslink legal costs - THE EDGE SINGAPORE

Company in the news

Keppel Infrastructure Trust to make further arbitration provisions of $23.8 mil for Basslink legal costs

The manager of Keppel Infrastructure Trust (KIT) has announced that following the outcomes of the arbitrations between Basslink and the State of Tasmania and Hydro Tasmania which were ann

Company in the news

Grab pushes merger with US SPAC to 4Q21

Singapore’s Grab Holdings postponed the expected completion of its merger with a US blank-check company as the ride-hailing and food-delivery giant works on a financial audit of the past three year

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Incredible Holdings to buy Danish jewellery company for $1.128 mil

Incredible Holdings is buying a Danish company selling watches, gold, silver and other jewellery in an all-cash deal of around DKK5,200,000, around $1.128 million.

Company in the news

Court caps expenses for Hin Leong's Lim family at $10,000 a week

Singapore’s High Court capped expenses for the founding family of collapsed oil trader Hin Leong Trading Pte.

Sheng Siong Group to open third store in China - THE EDGE SINGAPORE

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Sheng Siong Group to open third store in China

Sheng Siong Group, via its subsidiary Sheng Siong (China) Supermarket Co, has entered into a lease agreement with Yunnan Yingjun Commercial Operation Management Co for retail space for a

Keppel Corp to recognise impairment loss of $318 mil in 1H21 on exposure to KrisEnergy - THE EDGE SINGAPORE

Company in the news

Keppel Corp to recognise impairment loss of $318 mil in 1H21 on exposure to KrisEnergy

Keppel Corp has announced that it will recognise an impairment loss of $318 million on its exposure to oil and gas company KrisEnergy, after the latter announced on June 4 that it has sub

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