The Business Times

2021-06-30 12:30:05 Whiff of legal battle swirls around Laguna debenture debacle

Corporate figure Lim How Teck, who is chairman of a pro-tem committee comprising debenture holders, told BT that the committee had appointed Senior Counsel Tan Chee Meng from WongPartnership.

bt.sg/4FAP Open / Comment

2021-06-30 12:00:02 Tender for Jalan Anak Bukit site closes below expectations with just five bids

'The timing is awkward as large projects with longer completion periods create more uncertainty for developers due to the construction delay that has resulted from the pandemic.'

bt.sg/4FQJ Open / Comment

2021-06-30 11:00:08 MAS says property market not overheated, but it will watch rising prices closely

'We will never tell in advance whether we would implement (property cooling) measures because that defeats the purpose of implementing the measures.'

bt.sg/4FAc Open / Comment

2021-06-30 09:00:01 170 members of The Pines win lawsuit against Exklusiv Resorts over clubhouse relocation

The plaintiffs had sued on breach of contract, deceit and negligence, but only succeeded on breach of contract.

bt.sg/4FQE Open / Comment

2021-06-30 07:00:02 The Working Capitol seeks debt restructuring

Excluding related parties, it owes S$13.2 million to creditors, and has been unable to reach an agreement with landlords Crocodile International and AIA Singapore to renegotiate about S$610,000 worth of rental payments.

bt.sg/4FQh Open / Comment

2021-06-30 05:47:50 The long game of sustainable investing

Businesses need to consider dominant long-term goals, and how to get there by de-conflicting short-term incongruent goals.

bt.sg/4FQA Open / Comment

2021-06-30 03:16:09 June 30 morning round-up:

1. Banks lost US$300m in 'fraudulent loans' to Hin Leong
bt.sg/4FQZ

2. Pandemic gives Singapore biotechs a shot in the arm
bt.sg/4FQk

3. Commentary: The CCP at 100: Can it lead China to be the wave of the future?
bt.sg/4FQ4

4. UOB loses suit against Lippo over claims of inflated loans, plans to appeal
bt.sg/4FQo

5. Jalan Anak Bukit tender closes below expectations with five bids
bt.sg/4FQ3

6. Laguna's debenture holders had 'many options' to surrender notes: owner Peter Kwee
bt.sg/4FQU

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2021-06-29 13:16:40 June 29 evening round-up:

1. Carousell explores US listing via SPAC
bt.sg/4FYw

2. Singapore-based Princeton Digital invests US$1b to build 97MW data centre campus in Japan
bt.sg/4FY9

3. Temasek's Trustana to integrate OneSME digital platform into B2B marketplace
bt.sg/4FYV

4. US$3.6 billion missing Bitcoins: lawyers for accused terminated
bt.sg/4Fg4

5. Ministry of Law refines shareholding interest criteria for QC exemptions
https://bt.sg/4Fgo

6. Wells Fargo announces US$18b buyback plan, doubles dividend
bt.sg/4FYj

For the latest numbers on the global coronavirus situation, go to bt.sg/ncov

Our new BT Personal Edition gives you full digital access to BT at just S$9.90/mth. It allows for one Web login and one app login at a fixed price with no contract and no expiry. Subscribe at btsub.sg/telegram Open / Comment

2021-06-29 09:25:17 Who will win the Marina View white site?

Will IOI Properties suffer from the triggerer's curse for the Marina View site? Or will it prove to be an exception? One theory is that perhaps the group has no intention of clinching the Marina View site in the first place.

bt.sg/4FfY Open / Comment

2021-06-29 07:13:37 Dollar-cost averaging and compounding: low-risk, easy strategies for new investors

For some of us, accumulating a S$1-million portfolio might seem rather far-fetched, but this is achievable following these two principles.

bt.sg/4FYU Open / Comment