Leadership
Stocks to watch: CapitaLand Investment, Clint, SIA Engineering, LMIRT, Cordlife
THE following companies saw new developments that may affect trading of their securities on Wednesday (Jan 15). CapitaLand Investment (CLI): The real asset manager has appointed three female...
US to ban smart cars containing Chinese tech
THE United States finalised a rule on Tuesday (Jan 14) effectively barring Chinese technology from cars in the American market, taking aim at software and hardware from the world’s...
Repeat corporate bankruptcies in US hit fastest pace since 2020
PARTY City emerged from bankruptcy in October 2023, freed from US$1 billion of debt and with “an excellent foundation in place to drive long-term growth”, as then-CEO Brad Weston...
Cordlife’s operation licences renewed for one year
EMBATTLED cord-blood bank Cordlife’s cord blood banking service and human tissue banking service licences have been renewed by the Ministry of Health (MOH) for one year, with effect from...
HC Surgical Specialists half-year profit down 2.1% at S$3.4 million
Catalist-listed medical services provider HC Surgical Specialists’ net profit for the six months ended November 2024 was down 2.1 per cent at S$3.4 million, from S$3.5 million the year...
LMIRT could fail to meet minimum interest coverage ratio for FY2024, expects no financial consequences
This is mainly due to non-operational accounting adjustments made to Ebitda and interest expenses in Q2 and Q3LIPPO Malls Indonesia Retail Trust (LMIRT) will “potentially” not be able to...
DBS’ Piyush Gupta sees US as global growth engine in 2025 but warns of headwinds
OUTGOING DBS chief executive officer Piyush Gupta expects the US to remain as a global growth engine, but warns of three potential headwinds that could lead to a market...
Singapore family offices exceed 2,000 in 2024, up 43% on year
THE number of single family offices (SFOs) in Singapore continued to grow last year to exceed 2,000 by the end of 2024.That’s according to Chee Hong Tat, the second...
