The valuation of Hang Seng implied by the scheme consideration is HK$290 billion, representing a 1.8 times 1H2025 price-to-book multiple.
DBS News Today: DBS Surpasses OCBC with Record 300% Market Value Surge
In an extraordinary turn of events, DBS Group Holdings Ltd has made headlines with a staggering 300% surge in its market value, eclipsing its closest competitor, OCBC. This remarkable rise not only ...
Singapore’s Aug factory output beats expectations on electronics boom
Singapore's industrial output in August rose 13.7% from a year earlier, surging past economists' expectations as electronics production rose at its fastest pace in nearly three years, official data ...
Singapore c.bank seen keeping monetary policy on hold on recovery hopes
Singapore's central bank will likely keep policy settings steady in October on hopes the economy will recover as the financial hub further loosens coronavirus curbs and on expectations fiscal policy ...
Singapore police arrest lawyer set to defend PM’s defamation suit
Singapore police on Friday arrested a lawyer for alleged criminal breach of trust, days before he was set to defend a client in a defamation case against the city-state's prime minister.
Johor–Singapore SEZ draws new wave of investors with two-in-one appeal
SINGAPORE: The Johor-Singapore Special Economic Zone (JS-SEZ) is fast emerging as an attractive investment destination for companies that might not have eyed either market individually.
Singapore’s Wilmar unit to raise $2 bln in China IPO
Singapore agribusiness Wilmar International said on Thursday its China business, Yihai Kerry Arawana (YKA), was set to raise 13.9 billion yuan ($2.06 billion) in its proposed initial pubic offering.
Singapore c.bank enhancing banking system’s liquidity during pandemic
Singapore's central bank announced new measures on Thursday to enhance the banking system's access to Singapore dollar (SGD) and U.S. dollar (USD) funding to bolster the sector's resilience during the ...
Singapore August exports rise 7.7% y/y, higher than forecasts
Singapore's August non-oil domestic exports (NODX) rose 7.7% from a year earlier, beating forecasts, official data showed on Thursday, helped by items such as non-monetary gold and specialised ...
Football: Singapore held by 10-man India in third round of Asian Cup qualifiers
SINGAPORE: The Singapore men's football team's hopes of making history took a dent on Thursday (Oct 9) after a 1-1 draw to 10-man India at the National Stadium. A late equaliser from the away side's ...
Man Faces Jail Time for Major Security Breach at Singapore GP
Legal action has been taken against a 22-year-old individual for an alleged security breach during the Singapore GP weekend.
IPO-bound Razorpay to enter four new South-East Asian markets after Malaysia, Singapore
The move comes as the SaaS-based fintech firm gears up for a public listing in the Indian stock markets within the next 12–18 months.
Petronas CEO issues apology after Singapore GP champagne celebrations
Petronas president and group CEO Tan Sri Tengku Muhammad Taufik apologised for taking part in the champagne celebrations on Mercedes' Singapore GP podium ...
MOGOX Wins Contract for Singapore’s Milestone L4 Driverless Bus Service
Singapore's Land Transport Authority (LTA) recently announced that a consortium comprising MKX Technologies, MOGOX (trad ...
Singapore-Based MISSION+ Expands into the GCC with New DIFC Headquarters
Fractionalized tech leaders and engineers provided by MISSION+ can provide AI use-case workshops and empower teams to deliver vision-to-prototype in eight weeks.
Singapore implode against ten-man India to spurn golden opportunity in AFC Asian Cup quest
Singapore only have themselves to blame for being held to a 1-1 draw with India in the AFC Asian Cup qualifiers.