SGX Exchange Regulation (SGX RegCo)

Management & Corporate Governance

CIMB maintains Fincantieri Vard offer 'not fair but reasonable' in revised IFA report

SINGAPORE (July 9): CIMB Bank maintains Fincantieri Oil & Gas’ offer for Vard Holdings is “not fair but reasonable" in a revised independent financial adviser's (IFA) report after errors were found in the first one.

Management & Corporate Governance

SGX RegCo says taking 'every step possible within its powers' to assist in Midas investigations

SINGAPORE (May 25): Singapore Exchange Regulation (SGX RegCo) has issued an update on ongoing investigations into Midas Holdings, saying that it has been communicating with Singapore’s Chinese Embassy on the matter and will also extend its full cooperat

YuuZoo shareholders pass all four resolutions at special general meeting

SINGAPORE (May 17): Shareholders of YuuZoo have voted in favour of all four resolutions at the special general meeting held on Wednesday.

In print this week

Will VARD be able to convince its shareholders to say yes to it delisting?

SINGAPORE (May 11): VARD Holdings announced on May 10 that it would submit an updated draft circular for its delisting proposal to the Singapore Exchange for a review. Its major shareholder Fincantieri Oil & Gas has also extended the deadline for the 25 c

Management & Corporate Governance

China Fibretech says SGX has no objections with trading resumption proposals

SINGAPORE (May 7): China Fibretech, whose shares have been suspended from trading for financial irregularities for more than two and a half years, may resume trading soon with a new business and under a new name.

Management & Corporate Governance

YuuZoo denies blocking access to information, points fingers at independent reviewer

SINGAPORE (Apr 11): YuuZoo Corporation has denied imposing restrictions on independent reviewer Ernst & Young Advisory (EY), and says it was EY itself which made “several restrictions to the scope of engagement.”

In print this week

SGX swings regulatory hammer left, right and centre

SINGAPORE (Apr 9): Expectations were not especially high when Singapore Exchange Regulation formally began operations last September, headed by Tan Boon Gin, a former director of the Commercial Affairs Department (CAD) and a one-time District Judge of th

Goldilocks says Noble's restructuring plans 'doomed to fail' unless group addresses proposal flaws

SINGAPORE (Apr 6): Goldilocks Investment Company, which owns an 8.1% stake in commodities trader Noble Group, says the latter’s currently proposed debt restructuring plan is “doomed to fail” unless it is redesigned to address a number of “serious

SGX RegCo asks Noble creditors to reconsider restructuring proposal

SINGAPORE (Apr 5): Singapore Exchange Regulation (SGX RegCo) is urging senior creditors of Noble Group to reconsider the proposal to ensure parity in the treatment of all shareholders.
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