Million
Alibaba dumps 151.3 million SingPost shares, slashing its stake to below 5%
This means the Chinese e-commerce giant is no longer a substantial shareholder of the national postal service provider[SINGAPORE] Alibaba Investment, a subsidiary of Chinese e-commerce giant Alibaba Group, sold...
Aoxin Q&M’s ex-CEO accused of taking 15 million yuan via improper loans, sham share deals
The audit committee has ‘reasonable evidence’ that four whistleblower reports received by the board are credible[SINGAPORE] The audit committee of Aoxim Q&M Dental has found “reasonable evidence” that the...
Singapore swim school Fitness Champs splashes into Nasdaq with US$15 million IPO
[SINGAPORE] As a former competitive swimmer waiting to enter university, Joyce Lee started freelancing as a swim instructor in 1999 to help support her family in the wake of...
ST Engineering will invest S$250 million to drive robotics solutions for complex challenges
[SINGAPORE] ST Engineering is pouring S$250 million over the next five years into a programme that will drive physical artificial intelligence (AI) applications such as robotics, with an initial...
Keppel DC Reit acquires remaining stake in 2 data centres from sponsor Keppel for S$8.4 million
[SINGAPORE] The manager of Keppel DC Real Estate Investment Trust (Reit) has acquired the 51 per cent remaining interest in two artificial intelligence-ready hyperscale data centres in Singapore from...
Hyflux got only $150 million bank loan for S$890 million project because of cash flow concerns
[SINGAPORE] Even after Hyflux won its bid for the S$890 million Tuaspring project in March 2011, it managed to secure only a S$150 million bank loan.This was because the...