IPO

Nanofilm IPO shares priced at S$2.59; subscribed 19 times

NANOFILM Technologies, the spin-off company of Nanyang Technological University (NTU), on Friday lodged its final prospectus, offering 77.2 million shares at S$2.59 each for placement in its initial public offering (IPO).

Nanofilm's IPO shares priced at S$2.59, promising market cap of S$1.7b

NANOFILM Technologies, the spin-off company of Nanyang Technological University (NTU) on Friday lodged its final prospectus, offering 77.2 million shares at S$2.59 each for placement in its initial public offering (IPO) for a total of S$470.1 million.

Boosting auditor independence in non-assurance services

THE Institute of Singapore Chartered Accountants (ISCA) on Thursday unveiled a series of recommendations aimed at strengthening audit independence in relation to the provision of non-assurance services, a move that is welcomed by observers who say is a right step towards raising audit standards...

ISCA recommends practices for auditor independence in non-assurance services

THE Institute of Singapore Chartered Accountants (ISCA) on Thursday unveiled a series of recommendations in a bid to strengthen auditor independence in relation to the provision of non-assurance services.

KTMG develops own brand, expands manufacturing to PPEs amid pandemic

WITH over 30 years of experience in manufacturing textile and apparel for international customers, Catalist-listed KTMG is now looking to develop its own product line.

IPOS

Nanofilm's listing on SGX could draw tech aspirants, spur greater diversity

REAL estate investment trusts (Reits) have reigned the Singapore bourse over the years but the potential listing of Nanofilm Technologies could set the stage for initial public offering (IPO) aspirants in the technology space, prompting greater diversity.

NEW LISTINGS

NTU's nanofilm spin-off may raise up to S$510m in IPO

NANYANG Technological University's (NTU) spin-off company Nanofilm Technologies is heading for a mainboard listing on the Singapore Exchange with Temasek Holdings as a substantial shareholder.

HOT STOCKS

SPH down almost 5% on first ever loss

SHARES of Singapore Press Holdings (SPH) sank on Wednesday as the board slashed dividends after the media and property group fell into the red for the first time.

GIC looks to integrate climate change into all investment processes

AS the world starts to recognise the impact of climate change, investors can no longer afford to dismiss risks associated with abrupt policy changes that may potentially hurt portfolio returns.

Singapore shares dip at open despite easing of GDP contraction; STI down 0.3%

SINGAPORE shares opened lower on Wednesday despite third-quarter gross domestic product (GDP) contraction slowing to 7 per cent.

Hot stock: SPH shares dip below S$1 after posting first net loss

SHARES of Singapore Press Holdings (SPH) sank as the board slash dividends after the company was pushed into the red for the first time. 

S$232m fair value loss pushes SPH into the red for first time

SINGAPORE Press Holdings (SPH) on Tuesday reported its first-ever net loss of S$83.7 million for the full year ended Aug 31, as Covid-19 "severely disrupted" all business segments including property, which has been a key revenue driver for the group as its media business remains challenged amid...

SPH posts first full year net loss of S$83.7m for FY20

SINGAPORE Press Holdings (SPH) on Tuesday posted its first ever net loss of S$83.7 million for the full year ended Aug 31, a reversal from a net profit of $213.2 million a year ago, as Covid-19 "severely disrupted" all business segments.

Govt boosts telemedicine, allows more approved chronic diseases to be subsidised

IN a move that is seen as giving a boost to telemedicine, the Ministry of Health (MOH) has allowed the use of government subsidies and Medisave to pay for the video consultations of regular follow-ups of all approved chronic diseases.

Unemployment support for Singaporean seafarers to be extended by 3 months

SINGAPOREAN seafarers will receive financial support for an additional three months under the Seafarers Relief Package (SRP).

ERP charges to go up by S$1 at six CTE gantries from Oct 12

MOTORISTS driving on parts of the Central Expressway (CTE) during peak hours will have to pay more Electronic Road Pricing (ERP) fees from Oct 12, the Land Transport Authority (LTA) said on Friday.

Mirach Energy gets 3-month extension to submit delisting proposal

MIRACH Energy has been granted three months more to submit an exit-offer proposal to the Singapore Exchange (SGX), its board announced on Friday.

Pollux Properties to acquire remaining 49.99% stake in associate company

POLLUX Properties said on Friday that it had entered into a share transfer agreement with Elwyn Chan, Chia Yew Nguan and Stirling Fort Capital (SFCPL) to acquire the remaining 49.99 per cent of issued and paid-up share capital in SFCPL at a total consideration of S$300,000.

Unemployment support for Singaporean seafarers to be extended by 3 months

SINGAPOREAN seafarers will receive financial support for an additional three months under the Seafarers Relief Package (SRP).

ERP charges to go up by S$1 at six CTE gantries from Oct 12

MOTORISTS driving on parts of the Central Expressway (CTE) during peak hours will have to pay more Electronic Road Pricing (ERP) fees from Oct 12, the Land Transport Authority (LTA) said on Friday.

Video consultations now allowed for more chronic conditions covered by Chas and MediSave

PATIENTS can now turn to video consultations for regular follow-ups for the 20 chronic conditions under the Chronic Disease Management Programme (CDMP), with the expansion of the Community Health Assist Scheme (Chas) subsidy for chronic ailments (Chas Chronic) and MediSave, the Ministry of...

VIRUS OUTBREAK: PUBS

Bars get innovative to mitigate sales loss from earlier closing times, capacity cuts

IT has been over three months since people were allowed back into watering holes. Still, it is far from business as usual for bar owners as they remain challenged by restrictions on group sizes and a 10.30pm curb on alcohol sale.

VIRUS OUTBREAK

Government relief measures for developers hit by construction disruptions

ELIGIBLE property developers hit by disruptions to construction timelines due to Covid-19 can take up a set of additional temporary relief measures with immediate effect, the government said on Thursday night.

GS Holdings unit forms JV to grow F&B businesses

GS Holdings announced on Thursday that its indirect wholly-owned subsidiary, Hao Kou Wei, has entered into a joint venture (JV) agreement with an individual, Xing Zhiyuan, to expand its businesses in the food and beverage (F&B) industry.

Govt rolls out additional Covid-19 relief measures for property sector

ELIGIBLE property developers hit by disruptions to construction timelines due to Covid-19 can take up additional temporary relief measures with immediate effect, the government said on Thursday night.