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Next-Gen subsidiaries serve statutory demand on Neo Telemedia for $25 mil

2016-07-13 theedgemarkets
SINGAPORE (July 13): Arch Capital and Hillgo Asia, two wholly-owned subsidiaries of Next-Generation Satellite Communications, on June 29 served a statutory demand on Neo Telemedia for a payment sum of HK$144 million ($25 million) together with interest in full.

STI closes 0.28% higher at 2,793.85

2016-06-23 theedgemarkets
SINGAPORE (June 23): Singapore stocks closed higher on Thursday, the last session before results from a British referendum on European Union membership.

STI up 0.55% to 2,801.38

2016-06-23 theedgemarkets
SINGAPORE (June 23): Singapore stocks were trending higher at noon, with broad though slight gains among large-caps as it recovers from two consecutive days of losses.

STI dips 0.71% to 2,610.53 at midday

2016-02-01 theedgemarkets
SINGAPORE (Feb 1): Singapore equities inched down at noon on Monday, amidst mixed trading in other Asian markets. Japanese equities extended gains, after the Bank of Japan last week adopted a negative interest rate for some deposits. Elsewhere, mainland Chinese equities slipped on weaker purchasing managers’ index data.