Singamas H1 profits plummet – US legal case adds to pressure on box-maker

Legal costs from the US indictment of Chinese container-maker Singamas and its chairman and CEO, Teo Siong Seng (pictured), are expected to impact the company’s 2026 earnings. Hong Kong-listed Singamas said the US Department of Justice proceedings would hit profitability just as the container business was already under significant pressure. That makes the legal case more than a corporate governanc Read full article →