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 ...)
DBS rolls out ways for gig workers to boost interest on savings, get more with healthcare plans
DBS has rolled out financial and healthcare solutions to help hard-hit gig economy workers better manage their savings and healthcare costs amid the coronavirus pandemic.. Read more at ... ( read original story ...)
UOB dumps Keppel in favour of Yangzijiang among its Alpha Picks
Singapore’s UOB Kay Hian has dropped Keppel Corp from its Alpha Picks portfolio and replaced it with China’s. The switch ... ( read original story ...)
Law Ministry, Ipos seek public feedback on copyrighted works
The Ministry of Law (MinLaw) and the Intellectual Property Office of Singapore (Ipos) launched a public consultation yesterday to seek feedback on whether existing exceptions that allow for the ... ( read original story ...)
UOB Painting of the Year contest goes online
The UOB Painting of the Year competition is going digital amid the Covid-19 pandemic.. Read more at straitstimes.com. ( read original story ...)
Worst is over for earnings of Singapore-listed companies: DBS
Despite deep cuts in the latest quarterly earnings of Singapore-listed companies and trusts, the worst is now behind them, said DBS Group Research in a market strategy report yesterday.. Read more at ... ( read original story ...)
Singapore’s Qapita Raises $1.8 Mn In Seed Round
The capital raised from Vulcan Capital and other investors will be utilized to strengthen and build team, accelerate product and build client base ... ( read original story ...)
Singapore: High Street expected to regain momentum – UOB
The retail sector in Singapore is forecasted to recover further in the next months, suggested Economist Barnabas Gan at UOB Group. Key Quotes “Singapore retail sales fell 8.5% y ... ( read original story ...)