SGX

Market Insights

Telco tumult: Simba acquisition of M1 collapses; Singtel shares slide as S’pore business weakens

Tuas Limited, the Australian-listed owner of telecommunication operator Simba, said on May 22 it has terminated its sale and purchase agreement to buy shares in another telco M1.

Suspended firms have three years to get back on track, or may be delisted: SGX RegCo

The development comes as SGX Regco seeks to keep trading suspensions to the minimum necessary and provide greater certainty over delisting timelines.

Kwek Leng Peck, cousin of Kwek Leng Beng, appointed vice-chairman of CDL

Mr Kwek Leng Peck is the cousin of billionaire CDL executive chairman Kwek Leng Beng and the uncle of group chief executive Sherman Kwek.

Mary Chia shares sink after SGX asks if firm can continue operating

SGX RegCo asked the company and its sponsor to assess whether Mary Chia could still continue operating if the worst-case scenario occurred.

Genting Singapore rolls out new attractions as Middle East tensions weigh on earnings

Resorts World Sentosa (RWS) is stepping up efforts to refresh its attractions and broaden revenue streams as the conflict drives up costs and weighs on travel demand and consumer sentiment.

Local banks lead Singapore stocks higher; STI up 0.4%

Within the iEdge Singapore Next 50 Index, Riverstone was the top gainer with a 7.2% or S$0.055 rise to S$0.82.

Some elderly S’poreans unsure how to sell their Singtel discounted shares while others cash in early

Approximately 615,000 Singaporeans aged 50 and above hold Singtel special discounted shares.

Mary Chia faces more money woes amid legal proceedings and slimmer earnings

Fullink Capital notified Mary Chia Holdings of the insolvency proceedings on April 30 and formally delivered court documents to the company’s legal representatives on May 4.

Market Insights

Calls grow for AGMs to be more than just an annual buffet; banks target wealth management growth

More companies uploaded the minutes of their annual general meetings (AGMs) held in April to SGXNet this week.

Female board directorships on the rise, but more focus needed to raise diversity, council says

The proportion of women board chairs among the Top 100 SGX primary-listed companies rose to 10 per cent in 2025 from 8 per cent the previous year.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.