SUSPENDED stock Magnus Energy has inked several agreements to enter the nickel extraction and supply business in Sulawesi, Indonesia, the Catalist-listed company said in a Thursday (Jun 30) bourse filing.

The verdict on Singapore’s largest share manipulation case will soon be handed down. Here is a recap of the multi-year saga and the closing arguments from both sidesOn May 5, Justice Hoo Sheau Peng will deliver her verdict following the multi-year trial of John Soh Chee Wen and Quah Su-Ling. The t...

As the Asia Pacific region continues to deal with the pandemic and its economic impacts, connectivity will be vital to rebuilding economies and making them more resilient to future shocks. Fortunately, fifth generation (5G) networks are now available in several countries across the region to help wi...

Singapore’s largest market manipulation case linked to John Soh and the crash of three penny stocks in 2013 is nearing a close. We relive the saga The trial of John Soh Chee Wen which was linked to the October 2013 penny stock crash has to be one for the books. The case has been described asthe la...

In contrast to the hard-hit retail sector in malls and physical locations, online businesses in Southeast Asia have seen sales “greatly improve” in 1H2021. Some 52% of sellers experienced a high level of growth during 1H2021, with 70% expecting additional growth of more than 10% in 3Q2021. Out o...

Photo of de Win: SGX Singapore Exchange (SGX) announced on May 31, that it has appointed Pol de Win as its next head of global sales and origination (GSO), effective July 1. Pol de Win will succeed outgoing head of GSO, Chew Sutat, who will be retiring from SGX on July 31, after 14 years with the ex...

The New York Stock Exchange has abruptly reversed plans to delist three major Chinese telecommunications companies after consulting regulators about an investment ban ordered by President Donald Trump. Coming days before the companies were to be delisted -- and just over two weeks before Trump is to...

MAGNUS Energy Group is seeking an extension of around two months to Dec 11 to submit its proposal for its shares to resume trading, said the firm in a regulatory update on Wednesday.

THE board of directors of Magnus Energy has corrected its earlier statements, to clarify that its executive director and chief executive officer (CEO) Charles Madhavan in fact has an indirect interest in Blue Water Engineering (M) Sdn Bhd (BWEM), which is leasing its Malaysia office premises...

THE board of directors of Magnus Energy has corrected its earlier statements, to clarify that its executive director and chief executive officer (CEO) Charles Madhavan in fact has an indirect interest in Blue Water Engineering (M) Sdn Bhd (BWEM).

MAGNUS Energy Group disclosed that two of its directors stepped down just half a year after winning a boardroom tussle because they disagreed with the chief executive officer (CEO) on certain payments, office rental, staff costs, and the shutdown of a plant.

MAGNUS Energy Group disclosed that two of its directors stepped down just half a year after winning a board tussle because they disagreed with the chief executive officer (CEO) on certain payments, office rental, staff costs, and the shutdown of a plant in Malaysia.

SINGAPORE (June 24): A group of individuals who joined hands to wrest control of Magnus Energy from its former board, has fallen apart in just half a year. On June 24, the company announced that Anthony Kuek Eng Chye, citing “irreconcilable differences” with executive director and CEO Charles Ma...

MAGNUS Energy Group announced on Wednesday that independent non-executive director and non-executive chairman of the company Anthony Kuek has resigned. 

MAGNUS Energy Group saw its net loss narrow to S$1.2 million for its second quarter ended Dec 31, 2019, from S$1.9 million a year ago.