Best World International

Management & Corporate Governance

SGX RegCo suspends Best World amid fresh attacks by short sellers

SINGAPORE (May 9): The past couple of months have been tough on direct selling firm Best World International. But now, it looks like even tougher times lie ahead.

In print this week

US-China trade tariff tension threatens to boil over; Best World slapped with trading suspension

SINGAPORE (May 13): Will trade negotiators from Washington and Beijing manage to bring down spiking temperatures this week in an attempt to hash out a trade deal? Or will trade tensions between the two superpowers boil over — and scald the rest of the g

Management & Corporate Governance

SGX RegCo suspends Best World amid fresh attacks by short sellers

SINGAPORE (May 9): The past couple of months have been tough on direct selling firm Best World International. But now, it looks like even tougher times lie ahead.

Update

Best World files defamation suit against short seller Bonitas; calls to lift trading halt following 1Q results release

SINGAPORE (May 9): Best World has issued a statement that says it “strongly refutes” an April 24 short seller report by Bonitas Research, where it alleged the group’s sales in China are a fraction of what was reported to its shareholders, among othe

Global Economy

March CPI eases on lower power prices; Best World not having the best of times

SINGAPORE (Apr 29): The Department of Statistics on April 23 released the Consumer Price Index (CPI) for March. Core inflation, which excludes housing and private transport costs, has eased to 1.4% from 1.5% in February. The slightly lower inflation is at

Best World shares down 9% on attacks by short sellers Bonitas Research and Valiant Varriors

SINGAPORE (Apr 24): Best World International, the distributor of skincare, nutritional and wellness products, has been hit by damning reports by two separate short sellers on Wednesday morning: Bonitas Research and Valiant Varriors.

Broker's Calls

Is this the best time to buy into Best World?

SINGAPORE (Feb 28): Analysts are divided over Best World International, as the group announced a 29% increase in earnings to $28.1 million in the 4Q18 ended December amid news that it plans to conduct an independent review on its business and accounting p

Results

Best World posts 29% rise in 4Q18 earnings of $28.1 mil; proposes final and special dividend

SINGAPORE (Feb 27): Best World International, which has ordered an independent review of its business and accounting practices after questions were raised about the lack of clarity on how its franchisees operate in China, reported 4Q18 earnings rose 28.9%

Company in the news

Best World shares slide over 20% after weekend announcement of independent review

SINGAPORE (Feb 25): Shares in Best World International have plunged as much as 58 cents, or 21.4%, to $2.13 upon opening this morning on news that the group would be conducting an independent review on its business and accounting practices.

Hot Stock

Best World up another 4.3% after SGX query on Thursday

SINGAPORE (Feb 8): Shares in Best World International are up another 4.3% or 14 cents at $3.18 at 2.40pm on Friday after closing 8.6% higher at $3.04 a day earlier.
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