Source of article: The Business Times Writer credits: Uma Devi In summary: A strategic business review is normally undertaken when the Board envisages that the growth and/or profitability of the group’s existing business(es) is tapering. Such reviews are also conducted when the group’s assets are not giving the company a commensurate return vis-à-vis the financial benefit or…

Source of article: The Business Times Writer credits: Robsn Lee In summary: Singapore launched the AI Verify Foundation on 7 June 2023 to promote the development of tools for the safe and responsible adoption of AI.AI Verify is a framework for AI governance testing and an integrated toolkit developed by the Singapore Infocomm Media Development Authority (“IMDA”)….

Source of article: The Business Times Writer credits: Megan Cheah In summary: The wave of de-listings from the Singapore market since 2016 have involved a number of small and mid-cap companies. The perception that the Singapore market lacks liquidity and has poor valuations are the primary reasons why Singapore-listed companies are privatising. If not properly addressed, this…