Corporate Support
Sitemap
Singapore

ShareInvestor.com

Mobile Edition
Mode - Streaming
Switch to Static Mode?

Price Highlight

Index Highlight

Chart
STI
2,650.5
-2.2 (-0.08%)

 

  • STI Straits Times Index
    2,650.5
    -2.2 (-0.08%)
     
  • KLCI FTSE Bursa Malaysia KLCI
    1,604.5
    12.7 (0.80%)
    Index delayed 15 minutes
  • HSI Hang Seng Index
    25,796.9
    69.5 (0.27%)
    Index delayed 15 minutes
  • SSE SSE Composite Index
    3,397.0
    13.6 (0.40%)
    Index delayed 15 minutes
  • N225 Nikkei 225
    22,641.3
    350.5 (1.57%)
    Index delayed 20 minutes
  • JCI Jakarta Composite Index
    5,068.9
    37.7 (0.75%)
    Index delayed 10 minutes

SGX Market

Bursa Market

HKEx Market

SET Market

IDX Market

ASX Market

NYSE Market

NASDAQ Market

NYSE American Market

  • Volume: 603.3M
  • Value: 348.3M
  • Rise: 131
  • Fall: 129
  • Unch: 548

Intraday Market Ticker Help

Intraday Market Ticker
Time Name Type Price Vol
  • Top Active

  • Top Gainer

  • Top Loser

Top Counters
Name Last Change
Oceanus^0.008+0.002
MDR0.001-
Clearbridge0.199+0.014
Singapore-eDev0.129-0.001
Adventus0.025-
Biolidics0.515+0.105
Medtecs Intl0.945+0.075
AsiaMedic0.033+0.002
Rex Intl0.178+0.001
CSC0.020+0.001

World Indices

World Indices
Name Last Change
Nasdaq 9,757.2 -259.8
HSI 24,253.8 -296.2
HSCEI 9,745.8 -107.4
Jakarta 4,863.1 -41.0
Nikkei 225 22,064.8 -447.3
SSE Comp 2,959.0 -11.7
Shanghai A 3,101.5 -12.2
Shanghai B 211.6 -1.8
KOSPI 2,100.4 -34.3

Asian Indices delayed. US Indices updated twice daily at 7:30am and 7:30pm.

News - Detailed News Story

Raffles Infrastructure^

Stock Chart
Last Done 0.495
Change - (-)
Volume -
Range - - -

China Gaoxian^

Stock Chart
Last Done 0.003
Change - (-)
Volume -
Range - - -

Noble

Stock Chart
Last Done 0.081
Change - (-)
Volume -
Range - - -

Dasin Retail Tr

Stock Chart
Last Done 0.790
Change - (-)
Volume 126.1
Range 0.770 - 0.790

SGX

Stock Chart
Last Done 8.300
Change -0.050 (-0.60%)
Volume 1,172
Range 8.250 - 8.370

Hyflux

Stock Chart
Last Done 0.210
Change - (-)
Volume -
Range - - -

China Aviation

Stock Chart
Last Done 1.020
Change -0.010 (-0.97%)
Volume 86.5
Range 1.020 - 1.030

EC World Reit

Stock Chart
Last Done 0.650
Change -0.005 (-0.76%)
Volume 179.5
Range 0.640 - 0.660

Zheneng Jinjiang

Stock Chart
Last Done 0.535
Change -0.055 (-9.32%)
Volume 25
Range 0.535 - 0.580

Best World

Stock Chart
Last Done 1.360
Change - (-)
Volume -
Range - - -

Time to take another bite of S-chips

05 Jul 2019 09:00

By Chee Chin Wi

IT WAS meant to be one of the Singapore Exchange's (SGX) success stories. One of our biggest skincare companies, Best World International, saw its profits grow almost 40-fold between 2013 and 2017. It was valued at S$1.8 billion at its peak in February 2019.

The stock lost its lustre when shocking allegations of wrongdoing by shortseller Bonitas Research and further pressure by the authorities forced the mainboard-listed company into clarifying its previous denials, confessing that the owner of its largest client, import agent Changsha Best, was in fact Best World's CEO's brother-in-law. Its share price plunged 9 per cent as it halted its trading on April 24, 2019.

Said the SGX: "The revelation of the relationship between Changsha Best and the company's CEO and managing director raises serious concerns about the veracity of China sales conducted under the export model from 2015 to 2018 and whether these were conducted on normal commercial terms."

Once bitten, twice shy


ShareInvestor subscribers have full access to this article. ShareInvestor subscriber, please login to read the 28 remaining paragraph(s).

Source: Business Times
Disclaimer:

While reasonable efforts have been taken to ensure that the calculations performed by the features of this site are reliable, the features are provided on the basis that:-

  1. no liability is accepted for any errors or inaccuracies resulting from your use of these features;
  2. many of the data inputs (including share prices) are obtained from third party sources for which we assume no responsibility.
We use Cookies. By continuing to use this webite, you will be agreeing to our Privacy Policy, Terms and Conditions and Cookie Policy.