Posts by Stephanie Irvin
Keppel DC Reit lead independent director Kenny Kwan fails to get re-elected at AGM
[SINGAPORE] Keppel DC Real Estate Investment Trust (Reit) lead independent director and chair of its nomination and remuneration committee Kenny Kwan failed to get re-elected at the annual general meeting (AGM) on Apr 15. About 49.9 per cent of the votes cast endorsed his reappointment as a director, representing 632,589,622 units. The 50.1 per cent…
Read MoreQ&M Dental seeks secondary listing on Bursa; demands 72.3 million yuan from Aoxin Q&M CEO
[SINGAPORE] Q&M Dental Group is proposing a secondary listing on the main market of Bursa Malaysia. The move would broaden its investor reach and base, as well as potentially increase the liquidity of its shares through separate trading platforms, the Singapore-listed company said in a bourse filing on Thursday (Apr 17) night. It added that…
Read MoreUS House committee calls on JPMorgan, BofA to drop roles in mega HK listing of battery maker CATL
[HONG KONG] The chairman of a US congressional committee on China is calling on Bank of America and JPMorgan Chase to withdraw from working on the Hong Kong first-time share sale of battery maker Contemporary Amperex Technology Co Limited (CATL), which could be the year’s biggest listing. The two banks are exposing themselves and their…
Read MoreBoeing jet returns to US from China amid tariff war
[SEOUL] A Boeing jet that arrived at a completion plant near Shanghai last month appeared to be returning to Seattle, flight tracking data showed on Friday (Apr 18), in a sign that at least one Chinese airline could be halting deliveries due to US tariffs. The US planemaker was reported earlier this week to face…
Read MoreNvidia CEO visits Beijing after US bars chip sales to China
[HONG KONG] Nvidia chief executive officer Jensen Huang arrived in Beijing on Thursday (Apr 17), shortly after the Trump administration barred the company from selling H20 artificial intelligence (AI) chip to China. Huang, a frequent visitor to the country, showed up in the capital at the invitation of a domestic trade group, according to a…
Read MoreRegistered Agent Reality: What They Actually Do For You
When you start a business, one of the first things you need to do is choose a registered agent. But what exactly does that mean? Registered agents play a vital role in your business by handling important paperwork and ensuring you’re compliant with state regulations. This article breaks down what registered agents do, clears up…
Read MoreOil posts weekly gain on trade deal hopes, new Iran sanctions
[NEW YORK] Oil prices settled more than 3 per cent higher on Thursday (Apr 17), supported by hopes for a trade deal between the United States and the European Union and new US sanctions to curb Iranian oil exports, which continued to elevate supply concerns. Brent crude futures settled US$2.11, or 3.2 per cent, higher…
Read MoreChina bans ‘smart’ and ‘autonomous’ driving terms from vehicle ads
[SHANGHAI] China is banning automakers from using the terms “smart driving” and “autonomous driving” when they advertise driving assistance features, and will tighten rules around such technology upgrades, the government told industry representatives, according to a transcript of a meeting. The mandate on vehicle advertising was delivered by the Ministry of Industry and Information Technology…
Read MoreNickel scam accused’s buying spree extends to S$8 million on semi-detached house, S$2 million on art pieces: witnesses
[SINGAPORE] Ng Yu Zhi spent S$8 million on a semi-detached house and splurged S$2 million on a total of 41 works of art, allegedly using the ill-gotten gains from his purported nickel trading. Ng, 37, accused of swindling nearly 1,000 victims of about S$1.5 billion over six years, paid S$8 million for a freehold, semi-detached…
Read MoreChinese tea chain Chagee CEO becomes a billionaire after US$411 million US IPO
[NEW YORK] A 30-year-old Chinese entrepreneur has become an unlikely billionaire with the listing of his sprawling tea shop chain in the US, even as tensions between the two nations stoke an economic decoupling and market volatility. With the US IPO market at a near standstill and some analysts questioning whether Chinese stocks will be…
Read More