DESIGN Studio Group, which intends to undergo a court-supervised restructuring, said on Thursday that its chief financial officer (CFO) Lilian Tan Yin Yen has resigned.

DESIGN Studio Group, together with five of its Singapore-incorporated subsidiaries, has made an application to the High Court in Singapore for a six-month moratorium as it seeks to undergo a court-supervised process to reorganise its liabilities.

MAINBOARD-LISTED Design Studio Group's chief executive Edgar Ramani has resigned with effect from Dec 4 to pursue other career opportunities, and director Steven Salo has been appointed interim CEO.

MAINBOARD-LISTED Design Studio Group is taking an unsecured loan of up to 20 million dirham (S$7.4 million) from controlling shareholder Depa United Group.

MAINBOARD-LISTED Design Studio Group on Monday appointed Lilian Tan Yin Yen as its chief financial officer (CFO).

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.