Real Estate
Ultraman toymaker Bloks surges after blockbuster Hong Kong IPO
SHARES of Bloks Group, the popular Chinese maker of Ultraman and Transformers figurines, jumped as much as 82 per cent in their Hong Kong trading debut after the company’s...
Ultraman toymaker becomes a billionaire after frenzied Hong Kong IPO
THE frenzy over a toymaker’s Hong Kong initial public offering has created a new billionaire.
Zhu Weisong, founder and chairman of Bloks Group, was catapulted into the ultra-rich ranks after...
Suntec Reit unitholders should reject revised S$1.19-a-unit offer: Morningstar
MORNINGSTAR has recommended that unitholders of Suntec Real Estate Investment Trust (Reit) reject the revised S$1.19 apiece cash offer from property tycoon Gordon Tang and his wife Celine.The offer...
Fu Yu’s largest shareholder requisitions EGM to oust directors amid poor performance
FU YU has received a requisition notice from its largest shareholder Victor Lim to convene an extraordinary general meeting (EGM) to pass five resolutions. Lim, who owns some 29.45...
PBOC halts bond buying to defend yuan as economic gloom worsens
CHINA’S central bank said it will suspend buying government bonds, its latest attempt to temper investor bets on weak economic growth that have undermined the currency and sapped confidence...
Singapore’s STI tumbles 1.7% with bank shares falling
SINGAPORE equities began Friday (Jan 10) in negative territory, with the benchmark index retreating further by the midday break, driven by losses in the banking stocks.As at noon, the...
BlackRock leaves major climate group amid Wall Street exodus
BLACKROCK is parting ways with one of the world’s biggest climate investor groups after being targeted by Republican politicians for its efforts on global warming.The money manager said on...
The wayang of board evaluations
WELCOME to the new year. As we enter another corporate reporting season, the ritualistic dance of board evaluations takes centre stage.
Ideally, board evaluations are meant to assess the effectiveness...
