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STI
3,139.2
25.0 (0.80%)

 

  • STI Straits Times Index
    3,139.2
    25.0 (0.80%)
     
  • KLCI FTSE Bursa Malaysia KLCI
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    -0.2 (-0.01%)
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    6.1 (0.02%)
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    1.5 (0.05%)
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    56.2 (0.25%)
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    7.0 (0.11%)
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  • Volume: 714.0M
  • Value: 908.1M
  • Rise: 174
  • Fall: 105
  • Unch: 552

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Intraday Market Ticker
Time Name Type Price Vol
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Name Last Change
Rex Intl0.096+0.003
Golden Agri-Res0.205-
YZJ Shipbldg SGD0.970+0.030
SingTel3.220+0.070
Sembcorp Marine1.340+0.140
ThaiBev0.925+0.025
Sembcorp Ind2.290+0.210
Alpha Energy0.028-
Spackman0.016-
Mapletree Log Tr1.660-0.010

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World Indices
Name Last Change
Nasdaq 8,089.5 -67.3
HSI 26,725.7 +6.1
HSCEI 10,543.4 +3.4
Jakarta 6,199.0 +7.0
Nikkei 225 22,548.9 +56.2
SSE Comp 2,939.6 +1.5
Shanghai A 3,079.7 +1.6
Shanghai B 263.6 -0.2
PSE Comp 0.0
KOSPI 2,064.8 +4.2

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

News - Detailed News Story

Raffles Infrastructure^

Stock Chart
Last Done 0.460
Change - (-)
Volume -
Range - - -

China Gaoxian^

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

Noble

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Last Done 0.081
Change - (-)
Volume -
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Dasin Retail Tr

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Last Done 0.840
Change - (-)
Volume 16.7
Range 0.840 - 0.845

SGX

Stock Chart
Last Done 8.180
Change -0.040 (-0.49%)
Volume 1,651.2
Range 8.180 - 8.250

Hyflux

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Last Done 0.210
Change - (-)
Volume -
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China Aviation

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Last Done 1.210
Change +0.010 (+0.83%)
Volume 419.4
Range 1.180 - 1.220

EC World Reit

Stock Chart
Last Done 0.735
Change +0.005 (+0.69%)
Volume 553
Range 0.730 - 0.740

China Jinjiang

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Last Done 0.590
Change - (-)
Volume 71
Range 0.580 - 0.595

Best World

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Last Done 1.360
Change - (-)
Volume -
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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


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Source: Business Times
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