Ang Peng Tiam

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TalkMed CEO Ang Peng Tiam handed 8-month suspension for professional misconduct in 2010

SINGAPORE (June 28): Ang Peng Tiam, the executive director and CEO of healthcare company TalkMed Group, has been given an eight-month suspension by the Court of Three Judges on the grounds of professional misconduct.

Sponsored

How to fast-track your retirement

SINGAPORE (June 21): Some people dislike working. They prefer to retire as soon as possible. This article is for them. To fast-track something is not easy. It requires one to take actions that defy conventional wisdom.

Startup economy

Singapore to permit banks to enter non-financial e-commerce

SINGAPORE (June 27): Singapore will streamline regulatory requirements for banks seeking to conduct or invest in non-financial businesses and also allow them to operate non-financial e-commerce platforms, as banks face rising competition from non-traditional players.

M&A

Blackstone to pay $1.17 in cash per unit to acquire Croesus Retail Trust

SINGAPORE (June 28): Affiliates of Blackstone Real Estate have proposed to acquire all the issued units in Croesus Retail Trust (CRT) by way of a trust scheme for a consideration of $1.17 in cash per unit.

The Call

This bank is divesting its non-core businesses and investing in wealth management

SINGAPORE (June 28): UOB KayHian is maintaining its ‘buy’ call on Oversea-Chinese Banking Corporation (OCBC) with a target price of $11.70.

CapitaLand clinches three new management contracts in China

SINGAPORE (June 28): CapitaLand, through CapitaLand Mall Asia, is accelerating its shopping mall network expansion in China with three management contracts.

Courts’ full-year earnings more than treble to $23.7 mil
SINGAPORE (June 28): Courts Asia saw earnings more than treble to $23.7 million for the FY16/17...
Stamford Tyres’ full year earnings treble to $8.1 mil
SINGAPORE (June 28): Stamford Tyres today announced that FY17 earnings trebled to $8.1 million...
ComfortDelGro to acquire remaining 49% stake in CityFleet Networks
SINGAPORE (June 28): ComfortDelGro announced that it has entered into agreement to acquire the...
Keppel wins 4 contracts worth $85 mil
SINGAPORE (June 28): Keppel Offshore & Marine announced that its wholly owned subsidiary,...
Yongnam leads gainers on announcement of new contracts
(June 23): Over the one-week period to June 20, the benchmark Straits Times Index slipped 0.8% to close at 3,230.4. The decline was driven by property and bank counters as a plunge in crude prices, expectations of further US interest rate hikes and...
AP Oil and UOL Group make gains; technology stocks take a tumble
(June 16): Our Singapore Market Portfolio has delivered a mixed bag of results this week. The biggest winners — lubricant maker AP Oil International and property developer UOL Group — gained 7.8% and 7.3%, respectively, over the period of June 6 to...
Old Chang Kee gains 3.7%, aims to boost revenue as costs rise
(June 9): Our Singapore Market Portfolio gained1.07% over the period of May 30 to June 6, slightly outpacing the 0.96% gain in the Straits Times Index. Most of our holdings rose, among them curry puff seller Old Chang Kee. The company had...
GEAR gets ‘buy’ call; UOL shows resilience
This past week saw the Straits Times Index slip five points and our Singapore Market Portfolio lose 0.6% of its value. Just three of the 12 stocks in our portfolio experienced a gain: Coal miner Golden Energy and Resources (GEAR) was up 2.3%,...

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Latest News

Courts’ full-year earnings more than treble to $23.7 mil
SINGAPORE (June 28): Courts Asia saw earnings more than treble to $23.7 million for the FY16/17...
Stamford Tyres’ full year earnings treble to $8.1 mil
SINGAPORE (June 28): Stamford Tyres today announced that FY17 earnings trebled to $8.1 million...
ComfortDelGro to acquire remaining 49% stake in CityFleet Networks
SINGAPORE (June 28): ComfortDelGro announced that it has entered into agreement to acquire the...
Keppel wins 4 contracts worth $85 mil
SINGAPORE (June 28): Keppel Offshore & Marine announced that its wholly owned subsidiary,...

Portfolio

Yongnam leads gainers on announcement of new contracts
(June 23): Over the one-week period to June 20, the benchmark Straits Times Index slipped 0.8% to close at 3,230.4. The decline was driven by property and bank counters as a plunge in crude prices, expectations of further US interest rate hikes and...
AP Oil and UOL Group make gains; technology stocks take a tumble
(June 16): Our Singapore Market Portfolio has delivered a mixed bag of results this week. The biggest winners — lubricant maker AP Oil International and property developer UOL Group — gained 7.8% and 7.3%, respectively, over the period of June 6 to...
Old Chang Kee gains 3.7%, aims to boost revenue as costs rise
(June 9): Our Singapore Market Portfolio gained1.07% over the period of May 30 to June 6, slightly outpacing the 0.96% gain in the Straits Times Index. Most of our holdings rose, among them curry puff seller Old Chang Kee. The company had...
GEAR gets ‘buy’ call; UOL shows resilience
This past week saw the Straits Times Index slip five points and our Singapore Market Portfolio lose 0.6% of its value. Just three of the 12 stocks in our portfolio experienced a gain: Coal miner Golden Energy and Resources (GEAR) was up 2.3%,...
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