IPO sponsors CICC and Goldman Sachs wrapped up bookbuilding on Monday. They worked with joint global co-ordinator CLSA, pitching the stock with guidance of HK$27.70 to HK$31.15. The range meant ... ( read original story ...)
Activist Ubben Joins Fertiglobe Board Ahead of $830 Million IPO
Abu Dhabi’s state energy company and OCI NV are selling a stake of as much as $830 million in their Middle Eastern fertilizer venture to buyers including a Singapore sovereign wealth fund and activist ... ( read original story ...)
Abu Dhabi’s Fertiglobe sets IPO price range; implies $5.5-$6bln valuation
The Abu Dhabi-based Fertiglobe looks set to raise as much as $827 million in its initial public offering (IPO). The joint venture between Dutch chemical producer OCI and state energy company ADNOC, ... ( read original story ...)
What’s SORA, and how can it affect your property loan?
Home buyers need to be aware of how their floating rate mortgages will be calculated as Singapore transitions to SORA as an interest rate benchmark. ( read original story ...)
Why SORA is a more transparent and reliable borrowing rate for commercial property loans
Fully backed by overnight transactions between banks in Singapore, SORA is a more robust interest rate benchmark than SOR and SIBOR. Read more at straitstimes.com. ( read original story ...)
StanChart to invest $678m in Singapore-based buy now, pay later firm Atome
Standard Chartered (StanChart) plans to provide US$500 million (S$678.3 million) in financing to Singapore-based buy now, pay later (BNPL) fintech Atome Financial, under a 10-year partnership to be ... ( read original story ...)
UOB launches financing platform for energy efficiency projects in buildings, homes
Platform will have nine energy service firms for customers to tap for projects in Singapore, Malaysia, Thailand and Indonesia.. Read more at straitstimes.com. ( read original story ...)
‘Hard choices’ for Singapore media after controversial law passed
Concerns about effect of ‘foreign interference’ law in country where media already operate under strict regulation. ( read original story ...)
Singapore’s ‘vaccinated travel lanes’ spark a surge in flight searches, says Expedia
Singapore's new "vaccinated travel lanes" sparked a flurry of flight inquiries as residents seek to take advantage of easing international travel measures. ( read original story ...)
2,409 travellers from eight countries approved to enter Singapore under Vaccinated Travel Lane
More than 2,000 travellers have been granted a pass to enter Singapore under a quarantine-free travel scheme, after the first day of applications opening for visitors from eight countries. ( read original story ...)
Singapore’s anti-foreign interference law will ‘substantially narrow’ civic space, rights groups say
The contentious new Fica law will allow the state to ‘expand curtailment of civil freedoms to the detriment of its people’, a statement by 11 groups said. ( read original story ...)
Singapore marine fuel sales drop in Sept as bunker calls hit 4-year low
Marine fuel sales in Singapore fell to a 15-month low of 3.94 million tonnes in September as the number of ships calling at the world's largest bunkering hub for bunkers sank to a near four-year low, ... ( read original story ...)
Singapore asked to consider SOPs on border reopening
MUAR - The Singapore government has been asked to consider the standard operating procedures (SOPs) on the reopening of the Malaysia-Singapore borders submitted by the Johor state government and ... ( read original story ...)
Singapore Micromobility Market to Surpass $1,817.9 Million Revenue by 2030, says P&S Intelligence
The Singaporean micromobility market size is set to witness a 64.2% CAGR during 2021–2030, to reach $1,817.9 million by 2030 from $15.8 ... ( read original story ...)
Asian Banking & Finance Cites BDO’s Unwavering Service Despite The Pandemic
THE Singapore-based publication Asian Banking & Finance (ABF) has commended BDO Unibank for its resourcefulness in delivering its services to clients and communities even at the height of the pandemic ... ( read original story ...)
8 of the best beaches in Singapore
The Little Red Dot’s beaches are some of the island nation’s most underrated attractions With an expansive coastline that stretches up to 193km, Singapore ‘s mainland offers several beach getaways for ... ( read original story ...)