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SGX:5TI

6 stories mentioning SGX:5TIUpdated 3d ago

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Asia

SDAI Names Group COO

SDAI (SGX:5TI) named Ewe Teik Kuan as the group's chief operating officer, effective Sept. 16, according to a Tuesday filing with the Singapore Exchange.Ewe has been the chief executive officer of joint venture company QCM Holdings since April.

SGX:5TI
Asia

SDAI Secures Loan for Working Capital Needs, Current Liabilities

SDAI (SGX:5TI) signed a redeemable loan agreement with Tan Wai Boon for a loan of SG$500,000 to improve the group's cash flow and fund general working capital and current liabilities.The loan carries an 8% annual interest rate and runs until Dec. 31, 2027, according to a Monday Singapore Exchange filing.SDAI shares have been suspended from trading on the SGX Catalist board since July 12, 2021.

SGX:5TI
Asia

SDAI Signs Interest-Free Loan Agreement with Executive Chairperson

SDAI (SGX:5TI) signed a redeemable loan agreement with executive chairperson Hao Dongting for an interest-free loan of SG$200,000, according to a Thursday filing with the Singapore Exchange.The loan will be drawn down in a single tranche within five working days and runs to Dec. 31, 2027.The agreement also includes a placement option under which the lender would enter a subscription agreement within a week of any resumption of trading in the company's shares.The loan is earmarked for general working capital and to discharge existing liabilities.

SGX:5TI
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

SDAI Secures Loan Facility for Anti-Ageing Products

SDAI (SGX:5TI) secured a SG$600,000 loan facility via a funding agreement with private investor Tan Kooi Jin, according to a Wednesday filing with the Singapore Exchange.The loan, which carries an annual interest rate of 15%, will be used to make prepayments for AKG longevity and anti-ageing products from suppliers.The facility will be drawn in tranches of up to SG$300,000 each.

SGX:5TI
Asia

SDAI Signs Redeemable Loan Agreement with Beyoung

SDAI (SGX:5TI) has signed a redeemable loan agreement with Beyoung for SG$200,000, according to a Thursday filing with the Singapore Exchange.The loan carries an 8% annual interest rate. Management stated the capital will be deployed for general working capital purposes and to reduce the company's existing corporate liabilities.

SGX:5TI

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