Open letter

Right issue price 'in line with market precedents', says SIA


Right issue price 'in line with market precedents', says SIA

Singapore Airlines (SIA) has responded to an open letter to the Securities Investors Association Singapore (SIAS) on Friday.

Shareholder activism

Sunningdale to Quarz: Focus is on fundamentals, long-term value

SINGAPORE (Mar 7): Sunningdale Tech says that the group’s latest manufacturing sites in Chuzhou and Penang are part of its long-term strategy to build a sustainable and profitable business model.

Shareholder activism

Quarz presses Sunningdale to address 'shareholder value destruction', quantify Penang losses

SINGAPORE (Mar 5): Quarz Capital Management activist fund has sent off a second open letter to the board of Sunningdale Tech, the Mainboard-listed high-precision plastic components maker, which was hit by another earnings miss.

Management & Corporate Governance

Hyflux replies to stakeholders' queries

SINGAPORE (Feb 15): Olivia Lum, chairman and CEO of Hyflux, expressed regret that the water company she founded had imploded in such a spectacular manner that it required a bailout.

Management & Corporate Governance

SIAS queries Hyflux on operations, valuation and accountability matters in open letter

SINGAPORE (Feb 11): The Securities Investors Association Singapore (SIAS) has sent Hyflux an open letter, containing some 23 questions concerning the group’s operations, valuation and accountability, which the association said had not been addressed by

After Metro, Quarz calls on IHC to sell non-core assets and return cash

SINGAPORE (Jan 13): Quarz Capital Management, an activist investor, has called on International Healthway Corporation to sell its non-core assets and return cash to its investors.

Metro says cash conservation needed for long-term property development

SINGAPORE (Oct 11): Metro Holdings said it is conserving its cash for its capital intensive property division, in response to an open letter from its shareholder Quarz Capital Management.