settlement

Financially Savvy

About the 'T+1' rulemaking US stock trades settle in a day

A shorter settlement window means lower odds that the buyer or seller might default before the transaction is completed

Management & Corporate Governance

Stamford Land and investor Mano Sabnani arrive at amicable settlement

SINGAPORE (Oct 6): Stamford Land Corp and Mano Sabnani (pictured), the shareholder it filed a lawsuit against less a month ago, have arrived at an amicable settlement of all differences between them, with both parties agreeing to “bring this unhappy epi

Singapore O&G to receive $1.25 mil from former director as dispute settlement

SINGAPORE (Mar 6): Singapore O&G, the chain of medical practices specialising in women's health mainly in obstetrics and gynaecology (O&G), has agreed to a settlement amount of $1.25 million from its former lead independent director, Christopher Chong

Deutsche Bank to settle US mortgage probe for US$7.2 bil

(Dec 23): Deutsche Bank AG said it reached a US$7.2 billion ($10.4 billion) agreement to resolve a years-long US investigation into its dealings in mortgage-backed securities, removing a legal hurdle that fuelled investor angst.

Results

Blumont reports smaller net loss in 3Q; says mineral and energy business remains risky

SINGAPORE (Oct 26): Blumont Group reported 3Q net loss narrowed 10% to $3.9 million from a year ago as revenue rose 5% to $853,000.
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