Posts by Swedan Margen
Qian Hu posts 87.7% fall in H1 profit on higher costs
[SINGAPORE] Mainboard-listed integrated fish service provider Qian Hu on Friday (Jul 18) reported a net profit of S$30,729 for its first half ended June, 87.7 per cent down from S$250,532 in the year-ago period. This translated to an earnings per share of S$0.0003, down from S$0.0022. The group attributed the lower profit to global economic…
Read MoreStocks to watch: Lum Chang Creations, PC Partner, Oiltek, NeraTel, Qian Hu
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Jul 21): Lum Chang Creations: The company will make its trading debut on Monday at 9 am on the Catalist board of the Singapore Exchange under the trading name “Lum Chang Creat” and trading code “LCC”. Its initial public…
Read MoreMicrosoft server hack likely single actor, thousands of firms now vulnerable, researchers say
[LONDON] A global attack on Microsoft server software used by thousands of government agencies and businesses to share documents within organisations is likely the work of a single actor, a cybersecurity researcher said on Monday (Jul 21). Microsoft on Saturday issued an alert about “active attacks” on SharePoint servers used within organisations. It said…
Read MoreMicrosoft server hack hit about 100 organisations, researchers say
[WASHINGTON/LONDON] A sweeping cyber espionage operation targeting Microsoft server software compromised about 100 organisations as of the weekend, two of the organisations that helped uncover the campaign said on Monday (Jul 21). Microsoft on Saturday issued an alert about “active attacks” on self-hosted SharePoint servers, which are widely used by organisations to share documents and…
Read MoreMicrosoft alerts businesses, governments to server software attack
Published Mon, Jul 21, 2025 · 08:33 AM [WASHINGTON] Microsoft has issued an alert about “active attacks” on server software used by government agencies and businesses to share documents within organisations, and it recommended security updates that customers should apply immediately. The FBI on Sunday said it is aware of the attacks and is working…
Read MoreTariff uncertainty pummels South-east Asia’s private equity dealmaking in H1; caution likely to reign for rest of 2025
[SINGAPORE] Private equity (PE) deal value in South-east Asia plunged by nearly half in the first six months of 2025, as macro uncertainties slowed dealmaking after US President Donald Trump’s tariffs dashed the optimism that greeted the year. Data provided to The Business Times by EY ahead of its report publication showed that the total…
Read MoreWill NTT DC Reit recover from its weak debut?
[SINGAPORE] It was a good week for investors in the Singapore market, except perhaps for those who took a chance on the initial public offering (IPO) of NTT DC Real Estate Investment Trust (Reit). The much-hyped data centre trust, which began trading last Monday (Jul 14), ended the week at US$0.95 – or 5 per…
Read MoreFrom two centres to IPO: offshore wind recruiter Sheffield Green plots training spinoff
[SINGAPORE] Getting its training centres off the ground took time and resources, but Sheffield Green is going all in on what it calls a “new product line”, with five to six centres set to be running by end-2025 – plus a potential spinoff and listing on the horizon. Sheffield Green – itself a spinoff of…
Read MoreWith IPO in the bag, Sheffield Green plots training and listing spinoff for wind energy sector
[SINGAPORE] Getting its training centres off the ground took time and resources, but Sheffield Green is going all in on what it calls a “new product line”, with five to six centres set to be running by end-2025 – plus a potential spinoff and listing on the horizon. Sheffield Green – itself a spinoff of…
Read MoreChina EV brands Zeekr, Neta inflated car sales using insurance scheme
CHINESE electric vehicle brands Neta and Zeekr inflated sales in recent years to hit aggressive targets, with Neta doing so for more than 60,000 cars, according to documents reviewed by Reuters and interviews with dealers and buyers. The companies arranged for cars to be insured before they were sold to buyers, the documents show, enabling…
Read MoreSilver shines bright amid gold pauses
WHILE gold may have dominated headlines over the past year, surging to as high as US$3,500 per ounce in April 2025, it has since entered a consolidation phase. After an extended rally, gold is taking a breather. During this pause, silver has emerged as the standout performer, recently breaching a 14-year high of US$39. This…
Read MoreTokenize Xchange to exit Singapore after being denied digital payment token licence
All 15 employees of Tokenize Singapore will be laid off by Sep 30 but some may be offered work in the company’s international operations [SINGAPORE] Cryptocurrency exchange Tokenize Xchange will cease its Singapore operations from Sep 30. This comes after the Monetary Authority of Singapore (MAS) decided not to grant the company a licence to…
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