Financial difficulties have led to the closure of two entities. The parent company's struggles are evident in its significant net liabilities.
These liabilities surpass HK$400 million, which is equivalent to S$64 million. The company has also incurred losses.
Further information about the situation is available from the source, which may provide additional details about the closures and the company's financial state.
Local
Four Chinese nationals pleaded not guilty and claimed trial after they were charged with kidnapping a 72-year-old Singaporean man in Penang, Malaysia, in July 2026. The accused — three men and one woman — were charged at a court in Penang on Sep. 10, The Star reported. If convict...
government
Anthropic says its Claude AI was used to build a voter-targeting system covering all 222 parliamentary constituencies in Malaysia, while the threat actor also unsuccessfully pursued a contract with the country’s communications regulator....
Local
SINGAPORE: In a social media post on Wednesday (Sep 9), food guru Kf Seetoh weighed in on the salary increase for Singapore’s political office holders announced by Prime Minister Lawrence Wong in Parliament the day before. They will be getting a raise of as much as 9% beginning O...
government
The Federal Territories Pardons Board met on Friday (Sep 11) but deferred Najib’s application for a pardon to a future meeting. Najib is currently in Kajang Prison and scheduled to complete his current jail term on Aug 23, 2028....
