Samantha Chiew

3 weeks ago | sg.news.yahoo.com | Samantha Chiew

The Land Transport Authority (LTA) has awarded a Street-hail Service Operator Licence (SSOL) to GrabCab, a subsidiary of Grab Rentals and sister company of GrabCar, which holds a Ride-hail Service Operator Licence (RSOL) and a Car-pool Service Operator Licence (CSOL). GrabCab’s entry into the street-hail sector brings the total number of taxi operators in Singapore to six, and is expected to boost taxi supply.

1 month ago | klsescreener.com | Samantha Chiew

Accusations of ‘attempted coup’ vs ‘incredibly disappointing’by Samantha ChiewFor City Developments, Feb 26 was supposed to be an eventful day, as it was scheduled to announce its FY2024 results. The market was expecting a softer set of numbers, no thanks to persistently-high interest costs that affected all property players. At 8.02am, just half an hour after the FY2024 results were released on the SGX website, CDL called for a trading halt.

1 month ago | sg.news.yahoo.com | Samantha Chiew

Kwek Leng Beng, excutive chairman of CDL (left) and non-Independent non-executive director of CDL, Philip YeoIn the latest news from the City Developments Limited (CDL) saga involving father and son -- Kwek Leng Beng and Sherman Kwek -- the elder Kwek released a third statement on the night of Feb 28. “Firstly, I maintain that the integrity and governance of CDL are paramount. The allegations made by Sherman regarding the remarks of the court are misleading,” he says.

1 month ago | sg.news.yahoo.com | Samantha Chiew

"It is now a matter before the court and I will let the court decide. Justice always prevails."In the latest news from the City Developments Limited (CDL) saga involving father and son Kwek Leng Beng and Sherman Kwek, the elder Kwek released a third statement on Feb 28. “Firstly, I maintain that the integrity and governance of CDL are paramount. The allegations made by Sherman regarding the remarks of the court are misleading,” he says.

2 months ago | sg.news.yahoo.com | Samantha Chiew

Sherman Kwek will remain as CDL's CEO for now. Photo: Samuel Isaac Chua/The Edge SingaporeIn a response to its call for a trading halt earlier this morning, City Developments Limited (CDL) has issued a statement saying the halt was in view of the disagreement within the board in relation to the composition and constitution of the board and the board committees. “Despite this temporary suspension, our business operations remain fully functional and unaffected,” adds CDL in a Feb 26 statement.