Tat Seng Packaging Group will not be going ahead with the proposed spin-off of its China-based subsidiary for a separate listing. “The company is of the opinion that the current global economic environment, taking into consideration the impact of the global Covid-19 pandemic outbreak, as well as t...

Sinostar PEC Holdings has appointed Chen Seow Phun, John as lead independent director of its board as of June 1. Chen was the Minister of State for Communications & Information Technology and Minister of State for National Development between 1999 to 2001. He was also a Minister of State for Com...

A mid the resurgence of new Covid-19 cases, this year’s AGM season was like last year’s — largely devoid of physical presence. Retail shareholders miss their usual bento boxes and NTUC vouchers, as proceedings go online and meetings were fronted by masked-up directors. Now, even with growing w...

Sam Goi Seng Hui has taken control of Hanwell Holdings after shareholders at this morning’s AGM re-elected him but turfed out two existing executive directors. Goi, recently appointed non-executive chairman of the company, received an overwhelming 94.67% of the votes in favour of his re-election. ...

Like a typical entrepreneur with an abundance of energy, Sam Goi Seng Hui likes to get his hands in different businesses. While his flagship Tee Yih Jia is a privately-held food manufacturer, Goi also has substantial stakes in a slew of listed companies from different industries. These include stake...

Hanwell Holdings has appointed Sam Goi Seng Hui as the non-executive chairman and non-independent director of the company. Goi currently serves on the boards of three other Mainboard-listed companies. He the executive chairman of GSH Corporation as well as vice chairman of Envictus International Hol...

Penny stocks are still grabbing the limelight - albeit in rotational fashion, which is a boon for those who like to trade a lot. In the past five sessions, Tat Seng Packaging’s volume has surged along with its price. While indicators remain supportive of further gains, short term stochastics and 2...

Tat Seng Packaging, which is 63.95%-owned by Hanwell Holdings, says the company is evaluating the feasibility of a possible spin-off and listing of Tat Seng Packaging (Suzhou) and the group’s other subsidiaries in China on a “suitable stock exchange” to be determined by the company. Tat Seng�...

Hanwell Holdings has more than tripled its earnings to $22.2 million for the FY2020 ended December, compared to earnings of $6.1 million a year ago. While the higher earnings were mainly attributable to the higher other income of $6.1 million during the period, 107.7% higher y-o-y due to the grants ...

THE following companies saw new developments that may affect trading of their securities on Friday: