RENAISSANCE United said its third-quarter earnings, due to be released by March 17, will be impacted by a sharp increase in cost of sales due to the use of liquefied natural gas (LNG) during winter gas shortages in China.

MAINBOARD-LISTED utilities player Renaissance United on Monday said it expects to report a net loss for its half-year ended Oct 31.

MAINBOARD-LISTED Renaissance United's subsidiary on Nov 26 received a court order to pay a monetary judgment of 40.4 million yuan (S$8.2 million) to its contractor.

SINGAPORE (Mar 4): Prosecution witness Henry Tjoa, the former Phillips Securities remisier who was once part of the “inner circle” of brokers used by alleged masterminds John Soh Chee Wen and Quah Su-Ling, in court on Wednesday admitted to witness tampering and lying to the Commercial Affairs D...

SINGAPORE (Mar 3): Former Phillip Securities remisier Henry Tjoa admitted to raking in some $1 million in commissions from rolling the shares of LionGold Corp, Blumont Group and Asiasons Capital (now Attilan Group) over the course of a year. However, taking the stand today as a prosecution witness ...

SINGAPORE (Mar 2): Prosecution witness Henry Tjoa in court on Monday said he was concerned that he would be charged for market manipulation “from the very first day” he was roped into market rolling operations by alleged 2013 penny stock crash masterminds John Soh Chee Wen and Quah Su-Ling. How...

SINGAPORE (Feb 18): Former abettor-turned-prosecution witness Ken Tai Chee Ming in court on Feb 18 alleged that Richard Teng, the former chief regulatory officer of the Singapore Exchange (SGX), was feeding information to penny stock crash mastermind John Soh Chee Wen. At the time of the crash in O...

SINGAPORE (Jan 17): Prosecution witness Ken Tai Chee Ming on Friday admitted that he had raked in thousands of dollars’ worth of commissions in a single day from the trading of shares in LionGold Corp. This revelation comes despite Tai having repeatedly denied during the trial that he had made u...

SINGAPORE (Jan 16): Prosecution witness Ken Tai Chee Ming has again denied making unauthorised trades as a market operator for shares in LionGold Corp in order to churn commission for himself. The former broker was once part of the “inner circle” of brokers and remisiers used by John Soh Chee W...

SINGAPORE (Jan 10): Prosecution witness Ken Tai Chee Ming has admitted to using omnibus accounts to prevent authorities from detecting his illegal “wash trading” activities. Further, Tai revealed that he had engaged in this practice even though John Soh Chee Wen and Quah Su-Ling – the alleged...