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SGX:5G1

6 stories mentioning SGX:5G1Updated 20d ago

Every FINWIRES story that references SGX:5G1, newest first.

Asia

Singapore Shares Claw Back Despite US Reinstating Iran Blockade

Singapore shares surge on Tuesday, despite the US president Donald Trump reinstating a blockade in the Gulf.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 5,411.59 and 5,501.31 throughout the day. It ended the session at 5,495.61, up 25.27 points or 0.5% compared to Monday's close.In economic news, Singapore's economy grew 5.7% year over year in the second quarter, easing from 6.3% in the previous three months, according to advance estimates released by the Ministry of Trade and Industry.On the corporate front, shares of EuroSports Global (SGX:5G1) closed over 2% higher as its subsidiary, Scorpio Electric, completed an on-road registration of its Lambda Scorpii electric motorcycle in Singapore.Lum Chang Creations (SGX:LCC) is set to transfer its listing from the Catalist board to the Mainboard of the Singapore Exchange on Thursday.Meanwhile, Singapore Shipping (SGX:S19) Chief Operating Officer Lim Bee Lan will step down from her role at subsidiary Island Line, effective Aug. 14, citing personal reasons.

^STISGX:5G1SGX:LCCSGX:S19
Asia

EuroSports Global Unit Completes On-Road Registration of Electric Motorcycle

EuroSports Global's (SGX:5G1) subsidiary, Scorpio Electric, completed an on-road registration of its Lambda Scorpii electric motorcycle in Singapore, according to a Monday bourse filing.Shares of the luxury automobiles company were up over 7% in Tuesday trading.The registration followed approval from the Land Transport Authority, which made Lambda Scorpii fully road-legal in the city-state.

SGX:5G1
Asia

Singapore Shares Continue Ascent as US-Iran Sign Interim Peace Deal

Singapore shares remained in the green on Thursday, despite mixed sentiment across the region, as the US and Iran reached an interim peace deal to end hostilities.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 5,120.18 and 5,212.84 throughout the day. It ended the session at 5,212.84, up 36.38 points or 0.7% compared to Wednesday's close.Both sides have agreed to an immediate and permanent termination of military operations, with the two parties now aiming to achieve a final deal in 60 days.In economic news, economists have slightly lowered their median forecast for Singapore's 2026 GDP growth to 3.5% from the 3.6% projected in March, according to the June Survey of Professional Forecasters by the Monetary Authority of Singapore.On the corporate front, shares of Eurosports Global (SGX:5G1) were up over 8% at the close as it completed the issuance and allotment of 26.5 million shares at SG$0.075 per share to Align Auto.Centurion (SGX:OU8) acquired a 25% stake in its second student accommodation development in Perth, Australia, for a cash consideration of AU$250,000.Meanwhile, SDAI (SGX:5TI) secured a SG$600,000 loan facility via a funding agreement with private investor Tan Kooi Jin, to make prepayments for AKG longevity and anti-ageing products from suppliers.

^STISGX:5G1SGX:5TISGX:OU8
Asia

Eurosports Global Completes Share Subscription Deal with Align Auto; Shares Jump 8%

Eurosports Global (SGX:5G1) completed the issuance and allotment of 26.5 million shares at SG$0.075 per share to Align Auto, according to a Wednesday filing with the Singapore Exchange.Shares of the dealer of ultra-luxury automobiles surged over 8% in Thursday trading.The new shares were listed and quoted on June 18, with trading commencing on the same day.Earlier, the company had agreed with Align Auto for a share subscription deal for proceeds totaling SG$2 million.

SGX:5G1
Asia

EuroSports Global's Scorpio Electric Secures Conditional Type Approval for Flagship E-Motorcycle

EuroSports Global's (SGX:5G1) subsidiary, Scorpio Electric, secured a conditional vehicle type approval from Singapore's Land Transport Authority (LTA) for Lambda Scorpii, its flagship smart electric motorcycle.The move clears a regulatory hurdle ahead of the product's commercial launch, according to a Thursday bourse filing.Based on the approval, the company will now focus on mass production and commercial deployment of the motorcycle after finalizing delivery timelines and test-ride bookings.The company is also working with the Singapore Civil Defence Force on emergency response protocols for high-performance EVs. Additionally, it is working on the 2027 anti-lock braking system regulations, the filing said.

SGX:5G1
Asia

EuroSports Global to Raise Nearly SG$2 Million Through Share Subscription; Shares Zoom 62%

EuroSports Global (SGX:5G1) is expecting to raise nearly SG$2 million through the subscription of 26.5 million shares by Align Auto at SG$0.075 per share, according to a Monday filing with the Singapore Exchange.Align Auto deals in the retail sale of motor vehicles.The subscription shares represent around 10% of the company's issued and paid-up share capital.The proposed subscription is aimed at improving the company's financial position.Shares of the luxury lifestyle company surged over 62% in Monday trading.

SGX:5G1

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