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SGX:VIN

4 stories mentioning SGX:VIN

Every FINWIRES story that references SGX:VIN, newest first.

Asia

Singapore Shares Remain in Green Despite US-Iran Strikes

Singapore shares remained in the green zone on Wednesday, gaining nearly 1% at the close, despite the US and Iran conducting strikes against each other, fueling an uncertain economic outlook to the region.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 5,112.86 and 5,150.69 throughout the day. It ended the session at 5,138.24, up 40.82 points or 0.8% compared to Tuesday's close.On the corporate front, shares of Vin's Holdings (SGX:VIN) closed over 7% lower after the company concluded its special investigation audit over irregular transactions linked to a former senior employee and confirmed fraud risk indicators.JustCo's (SGX:JCO) shares were down over 5% at the close as its stabilizing manager, DBS Bank, purchased 642,8000 shares in the company on June 2 between the price range of SG$0.685 and SG$0.765 per share.Meanwhile, Emerging Towns & Cities Singapore (SGX:1C0) secured a key regulatory waiver from the Singapore Exchange Regulation (SGX RegCo) regarding earlier undertakings in connection with a convertible loan agreement with Luo Shandong.

^STISGX:1C0SGX:JCOSGX:VIN
Asia

Vin's Holdings Concludes Special Investigation Audit Tied to Ex Senior Employee; Shares Slide 7%

Vin's Holdings (SGX:VIN) has concluded its special investigation audit over irregular transactions linked to a former senior employee and confirmed fraud risk indicators, according to a Tuesday filing with the Singapore Exchange.Shares of the integrated automotive solutions provider were down over 7% in Wednesday trading.The audit confirmed potential conflicts of interest and gaps in HR onboarding controls, with the former senior employee bypassing established controls on the basis of his seniority.However, the company's external auditor confirmed that the irregular transactions carried no material impact on the financials.Following the review, the company has implemented a set of controls, which include in-depth pre-hiring background checks.

SGX:VIN
Asia

Singapore Shares Rise as US-Iran Peace Hopes Remain; Avepoint Up 7%

Singapore shares rose on Tuesday, tracking regional gains, backed by fresh hopes of the US and Iran finally reaching an agreement to end hostilities.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,992.64 and 5,020.59 throughout the day. It ended the session at 5,007.57, up 23.40 points or 0.5% compared to Monday's close.In economic news, The Monetary Authority of Singapore (MAS) has tightened its monetary policy settings amidst the ongoing Iran conflict, according to April's policy statement.On the corporate front, shares of Avepoint (SGX:AVP) were up nearly 7% at the close as it booked a revenue of $419 million during 2025.Octopus (APAC) (SGX:43A) signed an agreement with Spain's Grupo Osborne, to be the latter's principle distributor under a five-year mandate.Meanwhile, Vin's Holdings (SGX:VIN) signed an agreement with Volt Auto to become an authorized channel partner for China Dongfeng Motor Industry Impo & Exp's latest electric vehicle lineup.

^STISGX:43ASGX:AVPSGX:VIN
Asia

Vin's, Volt Auto Sign Deal to Offer Dongfeng Electric Vehicles in Singapore

Vin's Holdings (SGX:VIN) signed an agreement with Volt Auto to become an authorized channel partner for China Dongfeng Motor Industry Impo & Exp's latest electric vehicle lineup, according to a Tuesday filing with the Singapore Exchange.Under the partnership, the company will introduce three new Dongfeng electric vehicles to the Singapore market.Meanwhile, Vins and Volt Auto will also look into establishing a joint venture company, which will operate as the authorized workshop for all Dongfeng vehicles in the city-state.

SGX:VIN