One of the more unforgettable moments in Yusaku Mishima’s life took place nearly two decades ago, when he first heard the tenet — “with freedom, comes responsibility” — from his high school headmaster.He did not fully grasp its meaning then, but over the ensuing years, this principle becam...

The cryptocurrency world was rocked by the sudden collapse of two of the biggest digital coins TerraUSD (also known as UST) and Luna in early May. Volatility is not uncommon in the cryptocurren­cy market, but what is unique was that UST was a so-called “stablecoin” — which means that one toke...

As the pandemic drags on, some com­panies are compelled to move into radically new business areas. For example, Chaswood Resourc­es is in the process of transforming from an F&B operator to a lithium-ion battery maker; OIO Holdings transitioned from an en­gineering firm called DLF Holdings to...

Market observers rueing another lull year for IPOs in the Singapore market might see a slight uptick in activity as the year draws to a close. This time last year, Nanofilm Technologies International’s big listing, which vaulted it to unicorn status, sparked optimism that the IPO drought will end ...

SEMBCORP Marine (Sembmarine) S51 is in negotiations with the Brazilian Navy for a contract involving the construction of an Antarctic support vessel. The support vessel project, Projeto Navio De Apoio Antartico (NApAnt), is part of the Brazilian Navy's research vessel project, a compan...

After a massive restructuring and takeover from a new shareholder, engineering firm DLF Holdings has rebranded itself as OIO Holdings, and is now carving out a space for itself in the growing blockchain industry. OIO Holdings now consists of two main business segments, a consultancy arm known as OIO...

Shares in Catalist-listed OIO Holdings climbed to a high of 66.3 cents this afternoon, 27.5% higher than the counter’s last close of 52 cents, before closing at 65 cents on August 10. The share price marks a new 52-week high for the counter. The share price movement triggered a query from the Sing...

The Singapore Exchange Regulation (SGX RegCo) has issued a query to Catalist-listed OIO Holdings on July 2 after shares in the mechanical and electrical company rose 31.3% to 31.5 cents from its last-closed price of 24 cents. In its filing on SGX, SGX RegCo have asked the company if it was aware of ...

THE following companies saw new developments that may affect trading of their shares on Wednesday:

CATALIST-LISTED DLF Holdings on Tuesday announced after trading hours that it is convening an extraordinary general meeting (EGM) to seek shareholders' approval for its plan to diversify into a new business area that will alter its existing risk profile.