Universal Resource and Services Ltd
Why was its CEO in such a hurry to seal the deal?
By Ashish Saxena on Monday, 26 January 2015
The CEO made a very substantial acquisition and paid about 90% of the cash upfront without seeking its Board's and shareholders' approval. Also, it seems to be in violation of the Listing Rules.
26/1/2015 – Universal Resource and Services Ltd's substantial shareholder and CEO Liu Qingzeng has gone out of his way to acquire a 57.64% interest in Hongkong New Wing Energy Development Company Limited for US$49.99 mln on December 29.
Hongkong New Wing Energy Development Company Limited's more...
Singapore Airlines Limited
MANAGEMENT REPLY: Will it change its fuel hedging strategy?
By Kiran Rameshchandra on Monday, 26 January 2015
Agreed, Tiger Airways is a drag on SIA's profits, but nothing remains constant. It has new growth avenues from its Indian joint venture, Vistara, and falling jet fuel oil price.
26/1/2015 – On January 13, oil price dropped to US$45 per barrel after making a high of about US$107 in June 201 more...
Can we really discern the best IPO?
By Kiran Rameshchandra on Tuesday, 20 January 2015
A reality check of Singapore and Malaysia IPO performance
20/1/2015 – It is virtually impossible to pick winners when companies IPO on Singapore and Malaysian markets, according to our research.
We reviewed the performances of 29 Singapore and 21 Malaysia companies, which listed in past more...