3 stories mentioning SGX:BLUUpdated 4h ago
Every FINWIRES story that references SGX:BLU, newest first.
GRP (SGX:BLU) Malaysian unit Rumah Kami received a winding-up petition from Poly Radius over an alleged unpaid commission of about 307,000 ringgit, according to a Tuesday Singapore Exchange filing.The company said it will contest the alleged debt, saying it has grounds to challenge the case.
Singapore shares extended further gains on Thursday, tracking gains across the region as the US oil prices fell to their lowest level since the start of the US-Iran war, giving way to optimism.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 5,212.69 and 5,232.64 throughout the day. It ended the session at 5,218.96, up 2.97 points or 0.1% compared to Wednesday's close.On the corporate front, shares of Frasers Property (SGX:TQ5) were up nearly 2% at the close with the property developer proposing an optimization of its portfolio involving around SG$2.1 billion worth of assets.Elite UK REIT (SGX:MXNU) were down over 3% as it issued 25 million private placement units at 0.296 pounds sterling per unit.Meanwhile, GRP (SGX:BLU) subsidiary, Ratus Nautika, is facing new legal proceedings initiated by Energiser Enterprise for "further damages," following a settlement more than two months ago.
GRP (SGX:BLU) subsidiary, Ratus Nautika, is facing new legal proceedings initiated by Energiser Enterprise for "further damages," following a settlement more than two months ago, according to a Wednesday filing with the Singapore Exchange.In April, GRP said the legal dispute related to a housing project in Malaysia, where Energiser previously served as the main contractor, had been fully settled.The Singaporean group said it plans to challenge the new claims as they have been deemed "baseless" by its advisors.The proceedings are not expected to impact the ongoing progress on the housing project, GRP said.In February 2025, Ratus Nautika terminated Energiser as the project's main contractor over contractual breaches.
