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Month: February 2024

Posted on 01/02/2024

Temasek-backed UST seeks to raise at least US$500 million in IPO: Sources

UST, a digital technology company backed by Singapore’s Temasek Holdings ... Optimism about a revival in US IPOs has been dented by BrightSpring Health Services’ debut, which saw the first large ...

Posted on 01/02/2024

High Court of Singapore Denies Three Arrows Capital’s Dismissal Request

The court denies Three Arrows Capital's request to dismiss a lawsuit, seeking to separate assets from creditors independently.

Posted on 01/02/2024

Daily Cuts – Conversations on work in Singapore

Singapore Today's Lance Alexander and Hui Wong speak with Yeo Wan Ling, Assistant Secretary-General and Director, U Women and Family and U SME, NTUC, about how employees and employers here could ...

Posted on 01/02/2024

Singapore’s Keppel Annual Profit More Than Quadruples

(Reuters) - Singapore's Keppel posted a more than four-fold rise in its full-year profit on Thursday, primarily bolstered by a one-off gain from the divestment of its offshore and marine (O&M) unit.

Posted on 01/02/2024

Singapore Exchange’s Half-Yearly Profit Rises 6%

(Reuters) - Singapore Exchange (SGX) posted a 6.2% rise in its half-yearly profit on Thursday, driven by strong performance from its currency and commodity derivatives business.

Posted on 01/02/2024

Temasek-backed UST seeks to raise at least US$500 million in IPO

UST, a digital technology company backed by Singaporean state-owned investor Temasek Holdings, is exploring a US initial public offering and may seek to raise at least US$500 million, according to ...

Posted on 01/02/2024

Amer Sports prices IPO below range at $13 per share-source

Amer Sports , owner of the Arc'teryx, Salomon, and Wilson sports brands, priced its initial public offering (IPO) at $13 per share on Wednesday, below its indicated range of $16 to $18, a person ...

Posted on 01/02/2024

UOB seeks damages for losses from inflated loans

UOB is seeking to get S$92mil from Indonesian developer Lippo Marina Collection (LMC) over losses incurred from disbursing approximately S$182mil in inflated home loans.

Posted on 01/02/2024

Singapore continues talks with Australia’s Sun Cable, even with 4 GW of clean energy imports in the bag

SOME 20 companies including Asian and European energy giants, as well as Australia’s Sun Cable, still have a shot at snagging Singapore’s coveted import licence for clean energy, even though the ...

Posted on 01/02/2024

Singapore’s next economic reform – a green transformation

LAST week, several small and medium-sized enterprises (SMEs) told The Business Times that they see “no urgency” to tap a new Chief Sustainability Officer-as-a-Service programme by the Singapore ...

Posted on 01/02/2024

After 20 years, it could be time for Singapore to relook personal income tax-free threshold

Singapore tax residents have not needed to pay tax on the first S$20,000 of chargeable annual income. Read more at The Business Times.

Posted on 01/02/2024

Untreated ‘lao hua yan’ a major public health concern in rapidly ageing Singapore

Studies suggest onset can be earlier, in one's 30s, with increased screen time a possible cause. Read more at straitstimes.com.

Posted on 01/02/2024

Singapore High Court greenlights DeFiance Capital suit against 3AC

The founder of investment firm DeFiance Capital has received court approval to sue for the return of funds held by bankrupt crypto hedge fund Three Arrows Capital.

Posted on 01/02/2024

IPO Market Outlook 2024: 3 Hot New Stocks Coming in Q1

Headquartered in Singapore, the company has reportedly hired Goldman Sachs (NYSE:GS) and Morgan Stanley (NYSE:MS) to lead its IPO. However, recent reports say the company, which continues to have a ...

Posted on 01/02/2024

I flew to Singapore to meet my girlfriend. She catfished me and stole £20,000

Her photo was simple and she looked nice. I’ll call her Sandi. She did live in Singapore, which is thousands of miles away from me in the UK but I’d had my location set to ‘worldwide’ so, all things ...

Posted on 01/02/2024

Singapore ranks as 5th least corrupt country in 2023 index led by Denmark

Singapore remains the only Asian country to have placed in the top 10 since the Transparency International Corruption Perceptions Index was first published in 1995.

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