The Place Holdings has appointed Dr Yeo Guat Kwang as an independent director of the company on June 20.Yeo is currently the assistant director-general at the National Trades Union Congress (NTUC), an advisor to the U-SME initiative under NTUC and the chairman of the Migrant Workers’ Centre and Ce...

US-based asset manager BlackRock, a substantial shareholder of Venture Corp, has increased its stake in the manufacturing services provider. On May 31, BlackRock acquired 367,600 shares on the open market for $6.58 million of $17.90 each. BlackRock now holds around 17.6 million Venture shares, or a ...

Global issues like the Russsia-Ukrainian War and supply chain disruptions continue to affect markets around the world. RHB Group Investment Bank CEO Ganesh Sabaratnam observes that central banks today are treading a fine line between attempting to cap inflation without impacting economic growth — ...

But Temasek's move carries much more weight and this activist-type approach is rare for the firm. Temasek has been a major shareholder since it built a roughly 4% stake in the German company in 2018, helping Bayer complete the controversial US$63 billion takeover of Monsanto Co. Investor frustration...

FY2021 'way below expectations'The pivot comes at a critical time for GHY, whose business model has been facing a trial by fire due to Covid-19. For the FY2021 ended Dec 31, 2021, GHY reported earnings of just $3.9 million, down 90% over FY2020. Revenue, meanwhile, was down 34% to $83.3 million.GHY�...

Dr Ng Chin Siau is now the single-largest shareholder of beleaguered restaurant operator No Signboard Holdings following the purchase of a 29% stake for the token sum of $1. As part of the deal, Ng, better known as the co-founder and CEO of Q&M Dental Group, is extending an interest-free, unsecu...

DBS Group Research analyst Ling Lee Keng has downgraded her recommendation on G.H.Y Culture & Media Holding as its results for the FY2021 stood “drastically below expectations” on the back of Covid-19 induced delays. For the FY2021 ended December, G.H.Y. Culture & Media Holding reported ...

DBS Group Research has downgraded its call on production company, GHY Culture & Media, to "hold" from "buy" as it projects a challenging outlook for the company.

G.H.Y Culture & Media Holding’s earnings for 2HFY201 plunged 98% y-o-y to just $421,000, as the pandemic hurt the company’s media and concert production businesses. Revenue for the same half year ended Dec 2021 was down 56% y-o-y to $39.5 million. For the full year, the company reported ea...

THE following companies saw new developments that may affect trading of their securities on Monday (Jan 31):