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the global stock markets from 2020 into 2022
https://www.youtube.com/watch?v=cq-9HsXx2Ds
https://www.youtube.com/watch?v=cq-9HsXx2Ds
chartistkao1 ( Date: 05-Nov-2021 09:38) Posted:
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https://simplywall.st/stocks/sg/retail/sgx-c07/jardine-cycle-carriage-shares/news/when-should-you-buy-jardine-cycle-carriage-limited-sgxc07
chartistkao1 ( Date: 22-Oct-2021 22:00) Posted:
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singapore back to business all talent flow,transport flow,ideas flow must again connected by this red dot.
Vaccinated Singaporeans can look forward to visiting Europe and America soon without quarantine upon return, as the Republic is launching Vaccinated Travel Lanes (VTLs) to eight more countries, as it opens up in a calibrated manner since the pandemic hit early last year.
France, Denmark, Italy, the United Kingdom, the Netherlands, Spain, the United States and Canada are the latest additions to a growing list of countries for which Singapore is implementing VTLs. These countries had already unilaterally re-opened to vaccinated travellers from Singapore prior to this.
The countries in the list are also among Singapore' s top trading partners, with strong business presence and communities here.
Come Oct 19 when the VTLs for these eight European and American countries are in place, fully vaccinated travellers from Singapore and these countries would be able to enjoy quarantine-free travel both ways.
Singapore had announced its first bilateral VTL with South Korea on Friday (Oct 8), but the lane will only take off on Nov 15 as the North Asian country is said to require some time to get its system in place.
Singapore expands Vaccinated Travel Lanes to 11 countries including US, UK
Sat, Oct 09, 2021 - 1:25 PM
UPDATED Sat, Oct 09, 2021 - 1:54 PM
Singapore is launching Vaccinated Travel Lanes to eight more countries including the US and UK.
PHOTO: CMG
France, Denmark, Italy, the United Kingdom, the Netherlands, Spain, the United States and Canada are the latest additions to a growing list of countries for which Singapore is implementing VTLs. These countries had already unilaterally re-opened to vaccinated travellers from Singapore prior to this.
The countries in the list are also among Singapore' s top trading partners, with strong business presence and communities here.
Singapore had announced its first bilateral VTL with South Korea on Friday (Oct 8), but the lane will only take off on Nov 15 as the North Asian country is said to require some time to get its system in place.
another indonesian tiger in singapore
" Regrettably, the investor, in a letter from its lawyers dated 4 April 2019, declined to provide the written confirmation sought," Hyflux added.
Salim-Medco was supposed to invest S$530 million into Hyflux in exchange for a 60 per cent stake once Hyflux' s debts had been cleared, an investment that formed a key pillar in Hyflux' s restructuring plans.
But SMI had a change of heart in recent weeks, citing concerns about Hyflux' s working capital requirements and the cash distribution plan under the proposed restructuring.
On Thursday, Hyflux said it had tried to meaningfully engage with the Indonesian investor group on multiple occasions: " However, in light of the investor' s responses and conduct, the company has no confidence that the investor is prepared to continue to complete the proposed investment."
It added: " They have also not refuted the statements in the media that SMI was ' slated to walk away' from the deal. Without the confirmation from SMI to dispel the overhanging uncertainty over this deal, it would not be possible for the stakeholders to have a proper vote."
Effectively, Salim-Medco has repudiated the restructuring agreement and Hyflux has accepted its repudiation, the Singapore company said.
" The restructuring agreement is therefore terminated," Hyflux stated.
With Hyflux' s court-sanctioned reprieve from creditors set to expire on April 30, the company now finds itself with its back to the wall.
Still, Hyflux sought to reassure stakeholders on Thursday, and promised to " pursue all other viable strategic opportunities" and restart talks with key creditors and stakeholders.
Recent actions by national water agency PUB have also put it in a better position to find a new white knight, Hyflux said on Thursday.
Last month, PUB said if Hyflux subsidiary Tuaspring Pte Ltd (TPL) fails to cure its defaults, resulting in a termination of the Water Purchase Agreement, PUB will acquire the loss-making Tuaspring desalination plant for zero dollars, and without seeking compensation from TPL.
Gallant Venture to acquire 66.25% stake in Singapore-Bintan Resort Holdings from other shareholders including Keppel Land, DBS, OCBC and UOB for $4.9 mil
Felicia Tan Published on Mon, Jan 25, 2021 / 9:36 PM GMT+8
Hyflux says Salim-Medco rescue is off both sides play the blame game
The two parties are also laying claim to the S$38.9m deposit that Salim-Medco put into escrow last year, when it agreed to be Hyflux' s white knight
Fri, Apr 05, 2019 - 5:50 AM
UPDATED Fri, Apr 05, 2019 - 7:35 AM
Hyflux said on Thursday that a key rescue deal from the Salim-Medco group is officially off, with just weeks to go before the water and power plant company loses court protection from creditors.
PHOTO: LIANHE ZAOBAO
Singapore
HYFLUX said on Thursday that a key rescue deal from the Salim-Medco group is officially off, with just weeks to go before the water and power plant company loses court protection from creditors.
Hyflux has cancelled scheme meetings scheduled for April 5 and 8. There is also no need for shareholders to attend an extraordinary general meeting scheduled for April 15, the company said.
Now both sides are arguing over who killed the deal. The answer may determine who gets to pocket the S$38.9 million deposit that Salim-Medco (SMI) put into escrow last year, upon agreeing to play white knight for Hyflux.
Reacting to Hyflux' s announcement on Thursday, SMI, led by Indonesian billionaire Anthoni Salim, said it was " surprised" by Hyflux' s " purported termination" of the rescue deal, and will be taking legal advice in relation to Hyflux' s action.
In a late Thursday night filing, Hyflux said it wrote to the investor to request a clear and unequivocal written confirmation of its commitment, and stated clearly that the company would have no choice but to terminate the restructuring agreement if the investor declined to do so.
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HYFLUX said on Thursday that a key rescue deal from the Salim-Medco group is officially off, with just weeks to go before the water and power plant company loses court protection from creditors.
Hyflux has cancelled scheme meetings scheduled for April 5 and 8. There is also no need for shareholders to attend an extraordinary general meeting scheduled for April 15, the company said.
Reacting to Hyflux' s announcement on Thursday, SMI, led by Indonesian billionaire Anthoni Salim, said it was " surprised" by Hyflux' s " purported termination" of the rescue deal, and will be taking legal advice in relation to Hyflux' s action.
In a late Thursday night filing, Hyflux said it wrote to the investor to request a clear and unequivocal written confirmation of its commitment, and stated clearly that the company would have no choice but to terminate the restructuring agreement if the investor declined to do so.
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Salim-Medco was supposed to invest S$530 million into Hyflux in exchange for a 60 per cent stake once Hyflux' s debts had been cleared, an investment that formed a key pillar in Hyflux' s restructuring plans.
But SMI had a change of heart in recent weeks, citing concerns about Hyflux' s working capital requirements and the cash distribution plan under the proposed restructuring.
On Thursday, Hyflux said it had tried to meaningfully engage with the Indonesian investor group on multiple occasions: " However, in light of the investor' s responses and conduct, the company has no confidence that the investor is prepared to continue to complete the proposed investment."
It added: " They have also not refuted the statements in the media that SMI was ' slated to walk away' from the deal. Without the confirmation from SMI to dispel the overhanging uncertainty over this deal, it would not be possible for the stakeholders to have a proper vote."
Effectively, Salim-Medco has repudiated the restructuring agreement and Hyflux has accepted its repudiation, the Singapore company said.
" The restructuring agreement is therefore terminated," Hyflux stated.
With Hyflux' s court-sanctioned reprieve from creditors set to expire on April 30, the company now finds itself with its back to the wall.
Still, Hyflux sought to reassure stakeholders on Thursday, and promised to " pursue all other viable strategic opportunities" and restart talks with key creditors and stakeholders.
Recent actions by national water agency PUB have also put it in a better position to find a new white knight, Hyflux said on Thursday.
Last month, PUB said if Hyflux subsidiary Tuaspring Pte Ltd (TPL) fails to cure its defaults, resulting in a termination of the Water Purchase Agreement, PUB will acquire the loss-making Tuaspring desalination plant for zero dollars, and without seeking compensation from TPL.