Singapore Exchange Ltd's share price opened higher on Monday (12 September) Keppel Corp Ltd's share price rose slightly for the session; Del Monte Pacific Limited shares rallied 1 ... ( read original story ...)
Gazprom Singapore pays ‘meagre’ penalty for defaulted LNG deliveries to India
Gazprom Marketing and Trading Singapore (GMTS), under a long-term 20-year contract, was to supply 2.5 million tonne of LNG to state-owned GAIL (India) Ltd. this year ... ( read original story ...)
Berjaya Corp to raise S$30mil from Singapore medical services provider IPO
Berjaya Corporation Bhd (BCorp) has proposed sub-dividing every one existing Singapore Institute of Advanced Medicine Holdings Pte Ltd (SIAMH) share and one convertible preference share on a basis to ... ( read original story ...)
BCorp’s Singapore medical services unit to undertake share split ahead of IPO
Berjaya Corp Bhd (BCorp) has said its subsidiary, Singapore Institute of Advanced Medicine Holdings Pte Ltd (SIAMH), will undertake a share split ahead of its listing on the Catalist Board of the ... ( read original story ...)
BCorp to raise S$30 mln from Spore medical services provider IPO
SIAMH is its indirect 51.62 per cent-owned subsidiary which BCorp proposed to list on SGX's Catalist Board a few months ago. In a filing with Bursa Malaysia, BCorp said assuming a minimum IPO price of ... ( read original story ...)
SPACs underwhelm in Hong Kong and Singapore in first year, as listings lapse and applications peter out
Special-purpose acquisition companies (SPACs) have received a cooler than expected response, but market participants still expect the listing mechanism to play a long-term role. ( read original story ...)
Singapore’s modest house price growth
Singapore’s house prices rose by almost 20% (inflation-adjusted) from 2016 to 2021, after falling by almost 10% in the three years prior. In the first half of 2022, total home sales, which include new ... ( read original story ...)
DBS, The Sandbox partner to build sustainable metaverse space
Singapore-based DBS has collaborated with The Sandbox, a subsidiary of Animoca Brands, to venture into the metaverse space. ( read original story ...)
This Singapore Group Will Invest $100 Million Via Fund For Digital Assets
Singapore's Whampoa Group, a multi-family office with investments in global tech firms, aims to deploy about $100 million through a venture capital fund in start-ups in the burgeoning digital assets ... ( read original story ...)
Singapore’s Frasers Hospitality shareholders reject US$966.5 million take-private offer
Singapore's Frasers Hospitality Trust said on Monday a SUS$1.35 billion (US$966.49 million) proposal to take the trust private had fallen through as it failed to garner the required shareholder ... ( read original story ...)
Lawrence Wong explains why govt cannot rely on fluctuating property market as stable source of tax revenue
Increase in tax revenue collection not sustainable over long term. Deputy Prime Minister Lawrence Wong addressed questions on substantial tax revenue. PAP Member of Parliament Foo ... ( read original story ...)
Singapore’s New Work Visa For Skilled Workers Will Be Monitored: Minister
Singapore will put in place safeguards to ensure that a new work pass for top talent recruitment from around the world is not abused, Manpower Minister Tan See Leng assured Parliament on Monday. ( read original story ...)
Singapore hoping special work visa will draw global ‘rainmakers’
The regional financial hub announced new rules two weeks ago to draw expatriates earning at least $21,452 a month, offering them 5-year visas that would automatically allow their spouses to work also ... ( read original story ...)
Singapore to ensure new work pass for talent recruitment is not abused: Manpower Minister Tan See Leng
The new work pass will allow high-earners and high-achievers to live in Singapore without having to secure a job first. ( read original story ...)
4 weeks’ jail for man who used military identity card found on bus to buy mobile phone, sell it for profit
Rather than returning a misplaced military identity card to its rightful owner, Marcus Chai Chen Kit used it as an opportunity to buy a mobile phone that he resold for a profit. ( read original story ...)
Singapore waves red flag on foreign interference, fears impact of naming
Analysts have identified China as the origin of foreign actors behind recent foreign interference activities targeting Singapore. ( read original story ...)