Nicole Lim

1 week ago | sg.news.yahoo.com | Nicole Lim

The company raised $6 mil for 30 cents per placement share in its IPO, and will use about $3.2 mil for enhancement of IT and services, and expansion of showrooms. All of Vin’s Holdings’ 20 million placement shares have been fully subscribed, and the company is set to commence trading on the Singapore Exchange S68 (SGX) on Apr 15. The car dealer priced its placement shares at 30 cents per share and raised a total of $6 million at the close of application list on April 11.

2 weeks ago | sg.news.yahoo.com | Nicole Lim

The resort, called GemLife Elimbah, is the third resort in Moreton Bay targeting over 50s downsizers (Photo: GemLife)Thakral Corporation’s Australian associate GemLife is set to develop an A$428 million ($353.45 million) lifestyle resort in Queensland targeting the over-50s downsizers, according to a release dated Apr 10. The resort, called GemLife Elimbah, spans 26 hectares, and will feature 404 homes. Each will be with two bedrooms and a multipurpose room.

2 weeks ago | sg.news.yahoo.com | Nicole Lim

SGX-listed companies carry out third consecutive day of share buybacksBlue chip stocks such as DBS, Yangzijiang Shipbuilding have been carrying out share buybacks since Monday when Trump announced reciprocal tariffs that shook global markets. Singapore Exchange (SGX) listed companies are carrying out their third consecutive day of share buybacks amid the global market meltdown that started on Monday after Trump’s reciprocal tariffs.

2 weeks ago | sg.news.yahoo.com | Nicole Lim

This follows the global market rout which saw a US$10 trillion market wipeout over fears of Trump’s tariffs. Directors and CEOs of Singapore-listed companies have taken turns to buy back shares in their company via market transactions, following the global stock market plunge on Apr 7. The 8.5% drop in the Straits Times Index (STI) on April 7 triggered share buybacks among SGX-listed companies on the same day.

2 weeks ago | sg.news.yahoo.com | Nicole Lim

The SGX’s securities average daily value (SDAV) for March came in at about $1.5 billion, up 25% y-o-y but remained the same from the previous month. Singapore Exchange Group (SGX) reported a securities market turnover value of $29.7 billion for March, up 25% y-o-y; and the Straits Times Index (STI) rose above 4,000 for the first time in history. The SGX’s securities average daily value (SDAV) for March came in at about $1.5 billion, up 25% y-o-y but remained the same from the previous month.