Posts by Swedan Margen
Creative Technology CEO Freddy Sim to step down for health reasons; Tan Jok Tin will serve as interim CEO
[SINGAPORE] The chief executive officer of Creative Technology, Freddy Sim, will step down from his role on Jul 11 for health reasons, shortly after taking on the top job in May. The board will look for a new CEO, Creative said in a bourse filing on Monday (Jun 30). During the transition, Creative’s executive chairman…
Read MoreNTT seeks up to US$864 million in data centre Reit’s Singapore IPO
[SYDNEY/SINGAPORE] Japanese telecom giant NTT is seeking to raise roughly US$864 million in a Singapore IPO for a data centre Reit if an overallotment option is included, according to a term sheet that marked the start of the bookbuilding process. NTT DC Reit’s portfolio comprises six data centre assets located in the United States, Austria…
Read MoreChina urges Canada to ‘correct wrongdoing’ over Hikvision shutdown
Published Mon, Jun 30, 2025 · 08:35 PM [BEIJING] China’s commerce ministry on Monday (Jun 30) urged Canada to “immediately correct its wrongdoings” after Ottawa ordered the Chinese surveillance camera manufacturer Hikvision to cease operation in the country, citing national security concerns. In a statement published on its website, the Chinese ministry vowed to take…
Read MoreUS-based I Squared Capital dumps plans to make separate offer for Hong Kong’s HKBN
Published Mon, Jun 30, 2025 · 08:21 PM [HONG KONG] US-based infrastructure investment firm I Squared Capital has withdrawn plans to make a takeover offer for Hong Kong’s HKBN, the broadband operator said on Monday (Jun 30), as a competing bid backed by a state-owned entity takes centre stage. The announcement comes over a month…
Read MoreMississippi Woman Dies After Jumping Out of Vehicle Following Argument with Boyfriend
A Mississippi woman died after she reportedly jumped from a moving vehicle driven by her boyfriend following an argument. The incident took place on June 26 at around 7:30 p.m. on Gautier-Vancleave Road. According to Jackson County Sheriff John Ledbetter, deputies discovered 45-year-old Celeste Bellard lying in the road in an unresponsive condition. She was…
Read MoreCNB Arrests Singaporean for Suspected Drug Trafficking; Over 2kg of Cannabis Seized
A 33-year-old Singaporean man was arrested in a residential unit in the vicinity of Balam Road for suspected drug trafficking offences. The Central Narcotics Bureau (CNB) said that they confiscated roughly 2,722g of cannabis from multiple locations throughout the unit during the search. An estimated S$65,000 worth of drugs were seized, which could sustain 390…
Read MoreDuo, Including Woman, Nabbed for Involvement in Sale of Illegal Streaming Devices in Singapore
Two people, including a 32-year-old man and a 28-year-old woman, were arrested on Sunday, June 29, for their alleged involvement in online sales of illegal streaming devices. The Singapore Police Force (SPF) said that the arrests were made as a result of raids by Criminal Investigation Department officers near Jalan Damai, Jalan Tenaga, Kaki Bukit…
Read MoreTwelve to Premiere in August; Producers Share First Look of Upcoming Disney+ Drama
Disney has confirmed the premiere date of its upcoming K-drama Twelve. The mini-series will premiere on Saturday (August 23). It will revolve around the 12 angels, depicting the 12 zodiac animals of the east. They protect the Korean Peninsula from evil spirits by living in the human world in human form. The fantasy thriller will…
Read MoreECB tweaks strategy to counter sustained inflation swings, either up or down
[SINTRA, Portugal] The European Central Bank pledged on Monday (Jun 30) to react with equal vigour when inflation was too high as when it was too low, tweaking its overarching strategy after being blind-sided by a surge in prices in recent years. The ECB’s new five-year strategy follows a rollercoaster period in which it went…
Read MoreThe Nice Guy Spoilers: Producers Tease Heart-wrenching Romance for Park Seok Chul, Kang Mi Young
The Nice Guy’s producers have teased a Heart-wrenching Romance for Park Seok Chul and Kang Mi Young. According to the production team, the story will begin with the reunion of these two characters. The mini-series will then feature their journey through a richly layered narrative, showing their deeply developed emotions. The upcoming JTBC noir drama,…
Read MoreDoctor Arrested for Forging 4 Competency Certificates to Obtain Medical Practice License from MOH
A 35-year-old doctor specializing in aesthetic services forged four certificates of competence (COCs) and submitted them to the Ministry of Health (MOH) to obtain a license for his medical practice. Bernard Tan Wen Sheng had not participated in two of the COCs, which were related to workshops. The MOH uses COCs as a key component…
Read MoreAnother interior fit-out firm eyes Catalist IPO as Dezign Format lodges preliminary prospectus
[SINGAPORE] A second interior fit-out company is preparing to list on the Singapore Exchange’s Catalist board in as many weeks, as Dezign Format Group lodged its preliminary prospectus on Monday (Jun 30). This follows a similar move by Lum Chang Creations on Jun 23, as part of its spin-off from mainboard-listed Lum Chang Holdings. In…
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