CapitaLand's 40% stake acquisition in SCCP, a Singapore-based real estate investment manager, will increase its funds under management (FUM) by S$11 billion.
Funds raised by South-east Asian IPOs now at a 9-year low, but outlook positive: Deloitte
SINGAPORE - Funds raised through initial public offerings (IPO) in South-east Asia have fallen to a nine-year low, but the outlook for the region’s capital markets is nevertheless optimistic. There ...
RHB raises its call for UOB from “neutral” to “buy” and increases price target to S$40.20
SINGAPORE: RHB raised its call for United Overseas Bank (UOB) from “neutral” to “buy” and increased its price target for the bank to S$40.20, up from S$35.60. The new target price is 10.3 per cent ...
Singapore Medical Group completes S$90m bond issuance as it positions for a new phase of growth
Singapore Medical Group ("SMG" or "the Group"), a multidisciplinary specialist healthcare services provider, has completed a S$90 million, 5-year senior unsecured bond issuance at a 3.54% fixed rate ...
Fuelled by China’s promise: Golden opportunity for Hong Kong SDR investing
As investors explore opportunities in the Hong Kong market, two prominent companies consistently stand out: Alibaba and Tencent ...
GXS Bank on track to launch business banking solutions in 1Q2025
Currently in the pilot stage with selected customers, GXS Bank is on track to launch its business banking solutions in the first quarter of 2025 in Singapore, before a progressive rollout in Malaysia ...
OCBC maintains ‘buy’ on Keppel Infrastructure Trust; fair value estimate unchanged
This comes following KIT’s proposed acquisition of a 50% equity interest in Keppel Marina East Desalination Plant.
DBS, OCBC, UOB, Maybank syndicating Singapore’s biggest loan of S$12 billion for Marina Bay Sands
MARINA Bay Sands (MBS) is seeking a loan of around S$12 billion, in what would be the largest financing from Singapore, as the integrated resort looks to fund its planned expansion in the country.
UOB Reports Record Profit in Q3 2024
United Overseas Bank (Singapore) ( (UOVEF) ) has released its Q3 earnings. Here is a breakdown of the information United Overseas Bank ...
Atome Financial secures another US$200 mil syndicated credit facility from HSBC
The fintech group had secured a US$100 million facility from HSBC in 2022 to expand its payments business across Asia.
Best Bank Offers in Singapore (Nov 2024): 2.5 Million Miles Giveaway, up to 50% Off Flights, and More
Everybody loves credit card sign-up promotions, but not many of us realise the promotions don’t end with a welcome gift. Banks actually shower us with tons of lifestyle deals and perks just for owning ...
Singapore’s Capitaland Investment’s stake purchase in SCCP to boost footprint in Japan
Singapore's CapitaLand Investment said on Wednesday it would acquire a 40% stake in SC Capital Partners Group (SCCP) for S$280 million ($209.31 million), while also invest a minimum of S$524 million ...
CapitaLand Investment takes initial 40% stake in SC Capital Partners, boosting footprint in Japan
CLI will acquire the remaining 60 per cent stake in SCCP in phases over the next five years. Read more at straitstimes.com.
Equinix to build 6th Singapore data centre with $348 million investment
New facility will be fitted with sustainable features such as liquid-cooling capabilities. Read more at straitstimes.com.
Singapore’s largest money laundering crackdown: 15 foreign nationals surrender $1.85 billion in assets
SINGAPORE: 15 of the 17 foreign nationals who fled Singapore amid the investigation into one of the country’s largest-ever money laundering cases have agreed to return a staggering S$1.85 billion ...
DBS’ group head of data, AI, and customer experience on ‘human’ AI in banking
Nimish Panchmatia says that AI is transforming banking, shifting the focus from transactional efficiency to a more human-centred approach that considers the long-term impacts on people and society.