Carlyle Group Inc is preparing initial public offerings for two of its key Brazilian portfolio companies, restaurant chain Madero and furniture chain Tok&Stok, two sources familiar with the matter ... ( read original story ...)
JPMorgan PE fund-backed Happiest Minds gets bumper response to IPO
Happiest Minds Technologies Ltd, which is backed by private equity fund JPMorgan CMDB II, received an astounding response to its ... ( read original story ...)
Temasek’s private investments rise to record, flags cautious environment
Singapore state investor Temasek Holdings flagged an uncertain outlook for global economic recovery and a challenging environment for long term investors even as it reported record high private ... ( read original story ...)
Lipsticks out, lotions in: Beauty industry set for facelift and comeback, says DBS
Prepare for a surge in online beauty shoppers and skincare-mask fanatics. While the ubiquity of surgical masks and the work-from-home (WFH) trend are unlikely to spell the end for make-up, more ... ( read original story ...)
SingSaver Exclusive Promotion: Score a Free Dyson Purifying Fan (Worth $499)!
A literal breath of fresh (and purified) air for your WFH set-up. Trying to beat Singapore’s heat and humidity can be an uphill task, more so if you live near roads where dust and pollutants are in ... ( read original story ...)
Singapore stock watch: UOB, Keppel, Sembcorp, CapitaLand Mall Trust, UG Healthcare
The following companies saw new developments that may affect trading of their securities on Wednesday (Sept 9):. Read more at straitstimes.com. ( read original story ...)
Asia’s boom in virtual fitness may lack endurance
In March, when Bali's Odyssey MVMT yoga and fitness group temporarily closed its yoga studio, I began attending online classes via the company's website. As lockdowns and social distancing spread I ... ( read original story ...)
CapitaLand Mall Trust secures its first sustainability-linked loan
This is CMT’s first sustainability-linked loan, of which proceeds will be used for general corporate purposes. UOB also acted as the sustainability agent and coordinator for this transaction. A ... ( read original story ...)
Happiest Minds IPO Subscribed More Than 8 Times On Day 2
The reserved retail investor category was subscribed 38.85 times, non-institutional investors' category attracted subscription of 3.96 times and the qualified institutional investors segment saw ... ( read original story ...)
Happiest Minds’ IPO subscribed 8.4 times on Day 2, fuelled by retail bids
The initial public offering of software services company Happiest Minds Technologies Ltd was subscribed 8.4 times at the end of ... ( read original story ...)
Singapore: GDP points to a 6.0% contraction in 2020 – UOB
Barnabas Gan, Economist at UOB Group, reviewed the GDP prospects for Singapore for the current year. Key Quotes “In the latest MAS Survey of Professional Forecasters, respondent ... ( read original story ...)
Happiest Minds IPO day 2: Issue subscribed 7.7 times, retail portion at 37 times
Ajcon Global believes the issue is priced at a premium owing to its robust business model and major presence in Digital IT space. ( read original story ...)
UPDATE 2-Temasek’s private investments rise to record, flags cautious environment
Singapore state investor Temasek Holdings flagged an uncertain outlook for global economic recovery and a challenging environment for long term investors even as it reported record high private ... ( read original story ...)
Return to active outdoors with these 5 activities at Sports Hub
Here are some activities which the Sports Hub is recommending to get Singapore residents to return to the active outdoors, with safe-distancing measures in place. ( read original story ...)
Asia Album: Supertree Grove OCBC Skywalk reopens in Singapore
People visit the Supertree grove OCBC Skywalk on the first day of reopening at Singapore Gardens by the Bay on Sept 7 2020 Photo by Then Chih WeyXinhuaSIN ... ( read original story ...)
There’s a ‘huge amount of money’ returning to China in the IPO space, investor says
As tensions mount between Washington and Beijing ahead of the U.S. presidential elections in November, Stonehorn Global Partners' Sam Le Cornu sees more Chinese firms returning home. ( read original story ...)