Oriental Group to apply for winding-up after bailout talks collapse.
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Stocks to watch: Procurri, Nordic Group, Sasseur Reit, Vibrant Group, Natural CoolTHE following companies saw new developments that may affect trading of their shares on Tuesday: Read more at The Business Times.
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CHA to invest S$50m in SMG, increasing stake to 24%CHA Healthcare Singapore has entered into a share purchase agreement to invest S$50 million in Catalist-listed Singapore Medical Group (SMG), increasing its stake from 6.86 per cent to 24.13 per cent, SMG announced in a filing to the Singapore Exchange on Wednesday. Read more at The Business Times.
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Singapore Medical Group Q4 net profit up 17.2% to S$2.94mSINGAPORE Medical Group on Tuesday posted a net profit of S$2.94 million for the fourth quarter ended Dec 31, up 17.2 per cent from a year ago. Read more at The Business Times.
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BreadTalk Group Q4 net profit soars 82.5% to S$8.88mBREADTALK Group on Tuesday posted a net profit of S$8.88 million for the fourth quarter ended Dec 31, up 82.5 per cent from a restated net profit of S$4.87 million a year ago. Read more at The Business Times.
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TalkMed Group Q4 net profit up 16.4% to S$9.59mTALKMED Group on Tuesday posted a net profit of S$9.59 million for the fourth quarter ended Dec 31, up 16.4 per cent from a year ago, on the back of higher revenue and a decrease in the share of loss of associate Hong Kong Integrated Oncology Centre Holdings Limited. Read more at The Business Times.
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DBS group plans major revamp of DBS VickersDBS BANK is revamping its retail stock-brokerage operations and exploring alternative models to its current broking arm DBS Vickers - with a view to providing customers with more holistic services. Read more at The Business Times.
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