19Mar

Singapore stocks enter Monday afternoon exchanging on down ground; STI at 3,507.79

SINGAPORE stocks continued exchanging on Monday afternoon in a negative area with the Straits Times Index at 3,507.79, down 0.12 for each penny or 4.35 focuses on the day as at 1.01pm.

Against the benchmark’s level of 3,508.13 heading into the early afternoon break, the record was down insignificantly by 0.34 point. Washouts dwarfed gainers 217 to 116, or around two stocks down for each one up, after 891.7 million offers worth S$449.8 million changed hands.

Among the most vigorously exchanged by volume, Noble Group fell 19.0 for each penny or S$0.026 to S$0.111 with 20.7 million offers exchanged. Rowsley increased 2.5 for each penny or S$0.003 to S$0.124 with 19.5 million offers exchanged.

Dynamic record stocks included Singtel, down 0.3 for each penny or S$0.01 to S$3.48; and DBS Group Holdings, down 0.5 for each penny or S$0.14 to S$28.11.stock gain

Appointment of new Datapulse CEO postponed to March 19

SINGAPORE – Embattled plate drive creator Datapulse’s new CEO will join the organization later than anticipated.

The organization said that Wilson Teng Wai Leung will be selected official chief and CEO with impact from March 19, rather than March 8 as reported beforehand.

The mainboard-recorded organization’s board has been involved in a debate with prime supporter Ng Khim Guan’s family finished the obtaining of a Malaysian individual care item maker. Previous CEO Kee Swee Ann ended up having ties with the merchant in that arrangement, specialist Ang Kong Meng.

Mr Teng, 53, is VP of offers and business advancement at server farm specialist co-op iAdvantage, a unit of Hong Kong-recorded Sunevision Holdings.

His arrangement was declared in February weeks after Mr Kee quit suddenly.

Mr Kee was designated last December, yet left the organization on Feb 2, refering to “late occasions encompassing the organization”.

Then, Datapulse CFO Lee Kam Seng has been filling in as interval CEO.

Following Mr Teng’s arrangement, Mr Lee will give up his part as interval CEO, yet will stay as the CFO and friends secretary, Datapulse said in a trade documenting on Monday (March 19).

 

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