RE&S will focus on expanding locally instead of overseas for now, said its executive director and chief executive Foo Kah Lee.. Read more at straitstimes.com.
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Lee Meixian
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SINGAPORE (THE BUSINESS TIMES) - Private equity firm Novo Tellus partial offer to acquire a 51-per-cent stake in IT life-cycle services and data-centre equipment provider Procurri at 36.5 cents per share has lapsed.
The Straits Times
Tycoon Oei Hong Leong raises stake in Raffles Education; shares jump 22%
Mr Oei Hong Leong also sued Raffles Education last year over a plan to raise its stake in a Chinese property firm.ST PHOTO: WANG HUI FEN
Published1 hour ago
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SINGAPORE - A Singapore software solutions company that has the bulk of its key staff in India is beefing up recruitment to ensure it has enough manpower in case the South Asian country s surging infection rate hits its workforce.
Napier Healthcare employs around 500 Indian workers who are usually based in Hyderabad or Bangalore but have been working from home since last year. It has only one to two Singaporeans working there for short periods on occasion.
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The Straits Times
Michelle Zhu
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SINGAPORE (THE BUSINESS TIMES) - On the heels of retracting announcements that it had clinched a US$210 million (S$278 million) gloves supply order from Honeywell, Aspen Holdings has issued a response to Singapore Exchange s (SGX) queries about the delay in disclosing that the agreement with Honeywell had not yet been consummated.