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Month: July 2019

Posted on 15/07/2019

Singapore Exchange proposes price limits on stocks in auction sessions

SINGAPORE (Reuters) - Singapore Exchange’s (SGXL.SI) regulatory unit is proposing imposing price limits during daily stock auctions to prevent incidents such as the $41 billion flash crash in January ... ( read original story ...)

Posted on 15/07/2019

Singaporeans taking small steps in long road to financial wellness: OCBC

SINGAPORE (July 15): The good news is that while the average Singaporean has embarked on his journey towards financial wellness, it’s going to take some time for him to reach his destination. This is ... ( read original story ...)

Posted on 15/07/2019

Nervous Hong Kong Millionaires Are Moving Their Cash to Singapore

(Bloomberg) -- Private bankers are being flooded with inquiries from investors in Hong Kong who are worried about the long-term effects of the political crisis in the Chinese city. While the Hong Kong ... ( read original story ...)

Posted on 15/07/2019

Singapore June private home sales up 25.5% from year earlier

SINGAPORE (Reuters) - Sales of private homes by developers in Singapore rose 25.5% in June from a year earlier, government data showed on Monday. Data compiled by the Urban Redevelopment Authority ... ( read original story ...)

Posted on 15/07/2019

Singapore’s Top Performing Stock Under Siege After Budweiser Shelves IPO

Thai Beverage PCL’s crown as top performer in Singapore this year is under siege after rival Anheuser-Busch InBev NV shelved the initial public offering of its Asian unit to raise up to $9.8 billion. ... ( read original story ...)

Posted on 15/07/2019

Wilmar’s proposed China IPO moves forward with subsidiary’s Shenzhen listing

Meanwhile, Wilmar has obtained approval from the Singapore Securities Exchange Trading (SGX-ST) for the restructuring and spin-off of YKA as part of the proposed IPO. ... ( read original story ...)

Posted on 15/07/2019

Keppel Capital, KBS File for $813M IPO of US REIT in Singapore

Keppel Capital, together with partners from the US and Singapore, has filed the final paperwork to launch a $813 million Singapore IPO of a set of US commercial properties. according to a stock market ... ( read original story ...)

Posted on 15/07/2019

REIT IPOs lack institutional support and liquidity, say REITAS office bearers

Market observers have indicated that part of the problem stems from the way investment bankers market REIT IPOs. The Singapore Exchange saw two REIT IPOs in May with the listing of ARA US Hospitality ... ( read original story ...)

Posted on 15/07/2019

Investors searching for yield should buy this sector in Singapore, strategists say

The share prices of Singapore-listed real estate investment trusts, or S-REITs, have gone up by close to 20% this year. Strategists from Credit Suisse and DBS say S-REITs may not appreciate much more ... ( read original story ...)

Posted on 15/07/2019

Singapore men’s floorball team thrash Thailand 17-1 to claim AOFC Cup

SINGAPORE — The Singapore national men’s floorball team clinched the Asia Oceania Floorball Confederation (AOFC) Cup, after thrashing Thailand 17-1 in the final at the Alonte Sports Arena in Binan, ... ( read original story ...)

Posted on 15/07/2019

Singapore economic growth slows to 0.1% in Q2, lowest in a decade

SINGAPORE: Singapore’s economy grew by a meagre 0.1 per cent year-on-year in the second quarter, the lowest in a decade, according to official estimates released on Friday (Jul 12). That widely missed ... ( read original story ...)

Posted on 15/07/2019

Singapore’s laws apply equally to local and foreign offenders: MHA

SINGAPORE - The Singapore Government has dismissed as baseless allegations that Malaysian prisoners had been targeted for capital punishment, saying that the country’s laws “apply equally” to both ... ( read original story ...)

Posted on 15/07/2019

Silver Ferns thrash Singapore to keep perfect Netball World Cup run alive

Back for the final quarter. Singapore on track for their best ever score against New Zealand, their current highest being 17. Langman back in at centre for the Ferns. 9:02pm: End of Q3: NZ 63 ... ( read original story ...)

Posted on 15/07/2019

Singapore feels for Hong Kong protesters, but won’t support violence: harmony and stability are core values

(July 9). I want to put the facts in the right perspective and emphasise that the survey cited does not represent the majority of Singapore. It is just a random survey of a minority who may not be ... ( read original story ...)

Posted on 15/07/2019

Crazy Rich Asian: Dyson’s founder forks out US$54 million for Singapore’s biggest penthouse – this is what it looks like

It’s official: James Dyson will soon be living like a crazy rich Asian. The billionaire founder of British electronics company Dyson has bought Singapore’s most-expensive penthouse – a sumptuous three ... ( read original story ...)

Posted on 14/07/2019

Singapore’s first seed bank launched to protect regional plant from climate change

The first seed bank of Singapore that currently has a collection of 10,000 plant species, was officially launched on Saturday, July 13. This unique move was taken to protect the local and regional ... ( read original story ...)

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