Professional Services/Legal
Duxton Hill Chambers expands cross-border reach with London launch
Duxton Hill Chambers expands cross-border reach with London launch
Its members will handle litigation and international arbitration work within and from the UK.
Singapore Paincare faces $350k to $450k in claims for alleged sums owed
The claims relate to services Lim Seow Yuen said she provided to the company in 2020.
SGX asks SDAI to resolve internal control weaknesses
The report found concerns, including misuse of past fundraising proceeds.
MoM simplifies lifting equipment tests for businesses
This will provide flexibility by allowing occupiers to appoint competent persons.
International Centre for Settlement of Investment Disputes establishes Singapore office
This will be ICSID’s first staffed office outside of its headquarters in Washington, D.C.
ISCA and EY launch career mobility initiative for accountants in SEA
The programme reinforces Singapore’s role as a hub for accountancy excellence.
Faster corporate closure process may aid restructuring
It will benefit multinational companies reorganising for commercial or tax reasons.
CCCS sanctions immigration consultancy firms over misleading tactics
The case centres on three firms Paul, VED, and SAVA Immigrations.
Dasin Retail Trust subsidiary warned of legal action over unauthorised loan repayment
The offshore facility agent flagged breaches of financing terms in letter to ZYCPM.
EuroSports Global chairman remains ‘suitable’ despite being charged
He faces 19 charges under Singapore’s Securities and Futures Act.
Over 100 employees affected in salary offenses across three companies
Of the approximately $432,000 owed to the 103 employees, only $73,000 was eventually paid.
New ESG guide for business valuation released
It expands ESG guidance using international valuation standards.
Luminor Financial unit takes action vs KL Petrogas over unpaid debt
The outstanding debt from KLP was approximately RM14.3m.
mm2 Asia faces rent demands for Cathay Cineplex
The payment sum of $2.6m has to be paid within three weeks.
MinLaw sanctions four law firms, lawyer linked to 2023 money laundering case
Investigations have been completed for 11 of the 24 firms under scrutiny.
MoF seeks feedback on corporate accounting laws
The amendments aim to prevent the misuse of companies for unlawful purposes.
mm2 Asia asked to repay $7.56m loan from Linkwasha
The company is given a three-week deadline to settle the said sum.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform