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Multi Management & Future Solutions Singapore

Singapore Share Market Update:Trek 2000 swings back into the black in FY16 with $8.5 mil earnings

Singapore trek 2000 International, the technology company that owns the patent to the ThumbDrive, posted US$6.1 million ($8.5 million) in earnings for the year ended Dec 2016, compared to losses of US$6.6 million in FY15. Revenue grew 11.4% to US$165.7 million from US$148.8 million in the previous year, driven by the group’s Interactive Consumer Solutions … Continue reading "Singapore Share Market Update:Trek 2000 swings back into the black in FY16 with $8.5 mil earnings"

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Singapore Share Market Update:SGX gives its thumbs up for e-reports

Singapore-listed companies will soon be permitted to transmit their annual reports and other documents to shareholders electronically, instead of having to mail out hefty hard copie’s for example, uploading the annual reports on their websites and alerting shareholders to the relevant links. The Singapore Exchange (SGX) said yesterday that a majority of respondents to a … Continue reading "Singapore Share Market Update:SGX gives its thumbs up for e-reports"

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Singapore Share Market Update:Oil prices fall early Wednesday on bloated US crude storage

Oil prices dipped on Wednesday as rising crude stocks in the United States underscored an ongoing global fuel supply overhang despite an OPEC-led effort to cut output. Prices for front-month Brent crude futures, the international benchmark for oil, were at $50.92 per barrel at 0051 GMT, down 4 cents from their last close.U.S. West Texas … Continue reading "Singapore Share Market Update:Oil prices fall early Wednesday on bloated US crude storage"

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Singapore Share Market Update:QT Vascular secures initial $10 mil capital commitment from US investor

Catalist-listed QT Vascular says a New York-based private alternative investment group, GEM Global Yield Fund, has agreed to provide it with up to $10 million in capital commitment over the next 30 months. The medical technology company has also agreed to issue 35 million warrants to GEM Global, each carrying the right to subscribe for … Continue reading "Singapore Share Market Update:QT Vascular secures initial $10 mil capital commitment from US investor"

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Singapore Share Market Update:SGX to spend S$1.5m to enhance recovery processes

The Singapore Exchange (SGX) will set aside S$1.5 million to co-fund the recommendations put forward by the Industry Working Group (IWG), set up to study and make recommendations on processes to enhance the operational resilience of the securities market. The Monetary Authority of Singapore (MAS) has directed SGX to implement the measures proposed by the … Continue reading "Singapore Share Market Update:SGX to spend S$1.5m to enhance recovery processes"

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