Category: Company Updates

Best World’s Response to the BT article

Sales of DR’s Secret in China: Best World’s best-kept secret? The Business Times on 18-Feb-2019 morning published an article titled “Sales of DR’s Secret in China: Best World’s best-kept secret?” (link) which sent the share price of Best World International down nearly 17% in about 2.5 hours after market open, followed by a trading halt for

SPH To Collaborate with Keppel And Get More M1 For Free?

SPH announced on 27-Sep  (link): SPH has undertaken to roll-over its existing 13.45% stake in M1 into the Offeror, and is envisaged to invest up to approximately S$51.3 million in cash in the Offeror to partially fund the Offer. Upon the close of the Offer, SPH’s effective stake in M1 may increase up to 16.13%. 

Aiyoh “ayondo” Toh !

ayondo – The first FinTech company listed on Singapore Exchange on 26-Mar-2018, is celebrating its first trimester of listing. Share price of ayondo, however, was down nearly 15% today and closed at $0.075. Over the 3 months of listing, share price of ayondo has down 71% from the IPO price of $0.26. 🙈    

SIAS Withdraws The “Most Transparent Company Award” to Midas

Securities Investors Association Singapore (SIAS) announced on 30-May-2018 to withdraw the ‘Most Transparent Company Award’ awarded to Midas Holdings from year 2012 to 2016. The press statement by SIAS is here.   SIAS Investors’ Choice – Most Transparent Company Award The “Most Transparent Company Award” is given to about 50 companies listed at SGX every

What is the “Free Float” of SGX Stocks?

Free Float   SGX Observer saw this article by The Business Times – “Olam’s free float back above 10% mark” published on Apr 02, 2018 – 9.27pm. (here) Wondering since when Olam’s free float fall below 10%, SGX Observer visited SGX website and found the announcement made by Olam on 02 Apr 2018 7:23pm (here),

SGX StockFacts – Stock Facts?

Frasers Centrepoint Trust acquired one-third stake in Waterway Point (??) Frasers Centrepoint Asset Management Ltd (Manager of Frasers Centrepoint Trust) this morning issued a clarification note regarding ‘a website posting’ at SGX StockFacts portal title “Frasers Centrepoint Trust (SGX:J69U) acquired one-third stake in Waterway Point from Frasers Centrepoint Limited (SGX:TQ5)” (link) The Manager wishes to