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The relationship between China and the US, the world’s two superpowers, is the most consequential bilateral relationship in the world. So, the very fact that Chinese President Xi Jinping hosted US President Donald Trump in Beijing for the first full-fledged summit meeting between the two countries was good news.

Not many companies on the Singapore Exchange have cash in the bank that’s worth more than their market cap. Mainboard-listed Captii, a technology investment holding company, had $12.7 million in cash, excluding restricted deposits, and no bank borrowings as at March 31, 2026. Its market value? Roughly $9 million. 

That works out to about 39.65 cents per share in cash alone, against Captii’s current share price of 29 cents. The company’s latest net asset value is 83.73 cents a share, nearly three times its share price. 

The building I am thinking of is 38 years old. It is younger than most of the people planning to demolish it, younger than the architectural firm that designed it and considerably younger than the carbon clock that started when its foundations were poured.

The industry has a word for it — obsolete.

The dark shadow of a six-foot-five giant looms large over Singapore’s hottest IPO. JustCo is a Singapore-headquartered flexible workspace operator. It is about to list on the Singapore Exchange with a market cap of $460 million, which would value it at 11 times FY2025 EV/Ebitda. The IPO proceeds would amount to $100 million.

Multi-million-dollar executive condominium (EC) resale prices are no longer confined to rare penthouses. In March 2025, a five-bedroom unit at Hundred Palms Residences in District 19 became the third EC to cross the $3 million-mark, changing hands for $3.06 million. This followed two earlier deals above $3 million at Citylife @ Tampines — a penthouse resold for $3.28 million in October 2021 and a five-bedroom unit resold for $3.09 million in January 2025.

While many issues of international significance emerged from the meeting between Presidents Xi Jinping and Donald Trump, some observations are directly applicable to our much smaller business engagement with China and its formalities.

Depending on your perspective, an official banquet is either a trial or a tribulation. The official banquet menu for the Great Hall of the People featured 15 items. It also included a confusing subheading labelled “Staple Food”.

Serial Achieva, together with its subsidiaries, is a distributor of consumer and enterprise IT products and computer peripherals. The company serves a multitude of business partners with a portfolio of a broad range of IT products from top international brands such as AMD, Intel, ViewSonic and Gigabyte.

1. What are Serial Achieva’s core business segments today, and how has the business mix evolved in recent years?

When a stock gets too much attention, the likelihood that its valuation is skewed increases. An example of this is stocks in major indices with the highest trading liquidity, investor interest and fund participation. If too many retail investors are involved, the price it trades at would likely not reflect its true valuation, compared to if it were trading solely with a group that does not prioritise short-term sentiment.