financial statements

Regulatory Action

SGX RegCo allows some companies more time to release full-year results

SINGAPORE (April 22): Selected companies will be automatically granted an extension period to issue their unaudited full-year financial statements, according to the Singapore Exchange Regulation (S

Regulatory Action

Hyflux, Trek 2000 among dozens of listcos ordered to perform quarterly reporting by SGX RegCo

SINGAPORE (Feb 6): Embattled water treatment firm Hyflux and technology company Trek 2000 are among dozens of Singapore-listed companies that have been ordered by the regulatory arm of the Singapor

Total compliance in financial reporting, but was it misleading?

(Mar 18): Last week, I talked about how it can be difficult to interpret published financial statements because of overly ambitious objectives of the accounting profession, evolving reporting stand

Broker's Calls

CGS-CIMB cuts SingPost target price despite 3Q earnings growth

SINGAPORE (Feb 4): CGS-CIMB Securities is maintaining its “hold” call on Singapore Post (SingPost) while lowering its target price to $1.03 from $1.12 previously, which now implies 19.7 times FY20F

Management & Corporate Governance

YuuZoo's former director provides bond to report back to CAD

SINGAPORE (May 23): YuuZoo on Tuesday announced that former chairman Thomas Zilliacus has provided a bond to report back to the Commercial Affairs Department (CAD) on June 4, to assist further in C


Singapura Finance announces 28.9% fall in 5Q net profit after tax to $0.5 mil

SINGAPORE (Nov 4): Singapura Finance reported profit after tax fell 28.9% to $0.53 million in its fifth quarter from Jul 1, 2016, to Sept 30, 2016 from $0.74 million the year before on higher expen


TEE International’s 4Q earnings dip 69% to $2.6 mil

SINGAPORE (July 28): TEE International posted earnings of $2.6 million for its 4Q16 ended May, 68.9% lower than its earnings of $8.3 million for the same period a year earlier.  

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