Cash
Best World International seeks to delist by selective capital reduction; shareholders requisition EGM on cash reserves, dividends, directors’ pay
MAINBOARD-LISTED Best World International is looking to delist from the Singapore Exchange (SGX) by way of a selective capital reduction, citing the poor consumer sentiment and growth headwinds in...
Deliveroo beats earnings guidance, sees positive cash flow in 2024
BRITISH meal delivery company Deliveroo reported better-than-expected core earnings of £85 million (S$145.1 million) for 2023, and expected further progress during 2024 with a move into positive cash flow....
ECB to wean banks off free cash at gentlest pace
THE European Central Bank wants to wean banks off free cash, but it will try to do so gently enough not to upset the financial system or lending, the...
Billionaire Gautam Adani’s Group reports its cash pile has risen
INDIA’S Adani Group said cash balances have improved and it sees no refinancing risks in the near term as the conglomerate took more steps to shore up its finances...
US Reit unitholders urged to submit tax forms on time to help trusts preserve cash
UNITHOLDERS of real estate investment trusts (Reits) whose primary investment is US assets should submit the US withholding tax documents promptly to protect their interests. If a unitholder fails...
US Reit unitholders urged to submit tax forms on time to help trusts preserve cash
UNITHOLDERS of real estate investment trusts (Reits) whose primary investment is US assets should submit the US withholding tax documents promptly to protect their interests. If a unitholder fails...
Mercedes unveils three billion euros buyback as cash flow swells
MERCEDES-BENZ Group plans to buy back as much as three billion euros (S$4.4 billion) worth of stock, extending moves to reward shareholders after cash flow exceeded expectations. The German...
Rio Tinto profit drops 12% but iron ore giant returns more cash to investors
RIO Tinto reported a 12 per cent fall in annual underlying earnings on Wednesday (Feb 21), in line with forecasts, but paid a better-than-expected final dividend as it said...
