DESIGN Studio Group said it had been granted a waiver on a S$3 million bank loan, despite not meeting the requirement of maintaining a minimum tangible net worth of $80 million, provided that it refrains from paying out dividends if it records a full-year loss after tax.

REUTERS: Tesla Inc will unveil its Model Y on Mar 14 at an event in LA Design Studio, Chief Executive Elon Musk said on Sunday (Mar 3). "Model Y, being an SUV, is about 10 per cent bigger than Model 3, so will cost about 10 per cent more & have slightly less range for same battery," Musk said in a ...

DESIGN Studio Group, which does up kitchen and wardrobe designs for residential and hotel projects, widened its net loss in its fourth quarter from a year ago, reflecting various costs overruns and expenses on slowing manufacturing activities.

DESIGN Studio Group expects to report a “significant loss” for the fourth quarter and full year ended Dec 31, 2018, based on a preliminary review of its unaudited financial results, the interior fit-out and panelling products provider said in a regulatory filing on Friday.