Shares in No Signboard Holdings tumbled by as much as 9.5 per cent in the early session after the company said that the Singapore Police Force's Commercial Affairs Department has launched an investigation over a recent share buyback.SHARES in No Signboard Holdings tumbled by as much as 9.
Its shares have not closed below 8.2 Singapore cents since listing on the Catalist board in November 2017.In February, the restaurant operator said that chief executive Lim Yong Sim inadvertently instructed the company’s broker to buy back shares during a trading restriction period.“This was an honest mistake on the part of Mr Lim as he did not notice that the share purchase at prices of up to S$0.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CAD investigates No Signboard over share buyback; CEO's passport seizedSINGAPORE investigators have launched a probe into No Signboard Holdings' recent share buyback and obtained statements from the restaurant group's key executives, the company announced on Monday before the market opened. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Hot Stock: Venture Corp shares down 8.6% after citing near-term volatilitySHARES in Venture Corporation are taking a beating in Friday's early session, with the electronics services firm S$1.66 or 8.6 per cent lower at S$17.63, as at 11.02am. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Hot stock: AEM Holdings up 9.5% after news of higher sales ordersSHARES of AEM Holdings were hotly traded in Thursday's morning session, after the test-handling machine supplier announced that its sales orders received to date have already surpassed the amounts announced in previous months. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Stocks to watch: DBS, Best World, iFast, Raffles Medical, Thakral, No Signboard, AyondoTHE following companies saw new developments that may affect trading of their shares on Monday: Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Singapore shares decline at Thursday's open; STI down 0.36% to 3,350.36SINGAPORE stocks opened weaker on Thursday, with the Straits Times Index slipping 0.36 per cent or 12.07 points to 3,350.36 as at 9.01am, after US markets fell overnight. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Singapore shares decline at Tuesday's open; STI down 0.19% to 3,351.27SINGAPORE stocks opened weaker on Tuesday, with the Straits Times Index moving down 0.19 per cent or 6.43 points to 3,351.27 as at 9.02am. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Singapore shares decline at Friday's open; STI down 0.33% to 3,339.23SINGAPORE stocks opened lower on Friday, with the Straits Times Index declining 0.33 per cent or 11.05 points to 3,339.23 as at 9.01am. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Hot stock: Best World tumbles 9% after shortseller Bonitas alleges fraudBEST World International shares fell as much as 11 per cent on Wednesday after short-seller Bonitas Research published a 28-page report that questioned the authenticity of the premium skincare firm's profits. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Malaysia: Shares open higher on ThursdayMALAYSIA share prices opened higher on Thursday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index up 2.76 points to 1,638.44 at 9.02am. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »