SIM Yong Teng, executive chairman of mainboard-listed Sinwa, was charged yesterday with two counts of insider trading and 23 counts under the Companies Act. The 68-year-old Singaporean is charged with allegedly selling 849,000 shares on Jan 16,...
Strategic Marine has announced it will establish a new shipbuilding facility in Karratha.
The Perth-based shipbuilder said the new shipyard, at the SINWA site, was designed to take advantage of an uptick in demand for Strategic's services from the...
HOMEGROWN marine supply and logistics player Sinwa Limited has had to weather many storms in recent times - including the global slowdown. But all that has not deterred it from pursuing its expansion plans.
SINWA Limited executive chairman and chief executive officer Mike Sim is selling a 26.38 per cent strategic stake in the marine supply company to China's Sinohit Offshore Engineering (Liao Ning) Co Ltd for between $22 million and $32 million.
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