One key risk lies in its significant capital outlay for renovation and maintenance works being irrecoverable, say analysts Read more at The Business Times.
The Assembly Place up 28% above IPO price at midday on SGX debut
The Assembly Place (TAP) shares surged on its SGX debut, becoming the second co-living operator to list on the Singapore Exchange. Read more at straitstimes.com. Read more at straitstimes.com.
UOB soars 3.6%, hitting record alongside OCBC; STI up 1% to new peak
UOB : U11 +0.27% shares rose 3.6 per cent to S$38.97 as at 10.50 am, while OCBC : O39 +0.59% shares were up 2.7 per cent at S$21.15. The two lenders’ combined performance drove the STI up 1.1 per cent ...
UOB soars 4%, OCBC jumps 3% to new records, driving STI to all-time high
UOB : U11 +0.27% shares surged as much as 4.2 per cent to S$39.19 as at 11.43 am, while OCBC : O39 +0.59% shares jumped as much as 3.3 per cent to S$21.27. The lenders’ heavy weighting sent the STI : ...
UOB soars 4%, hitting record alongside OCBC; STI up 1.1% to new peak
UOB : U11 +0.27% shares rose 4 per cent to S$39.12 as at 11.28 am, while OCBC : O39 +0.59% shares were up 2.9 per cent at S$21.18. The lenders’ heavy weighting lifted the STI : *STI +1.25% by 1.1 per ...
Burnishing Singapore’s success as a financial and gold hub
LionGlobal Singapore Physical Gold Fund offers secure vaulting, insured protection and easy digital access for investor confidence.
Singapore begins allocating $5b to boost local stocks
Singapore has started handing out part of the $5 billion it plans to invest in local stocks to selected fund managers, in a bid to cement an equity market revival.
The Assembly Place soars 43% above IPO price on SGX debut
The co-living operator's IPO was 35.5 times subscribed. Read more at straitstimes.com. Read more at straitstimes.com.
HSBC steps up Asia-for-Asia strategy with its corporate and institutional banking business in Singapore
HSBC's Gilbert Ng: "Clients that need a bank with reach, resilience and reliability on a global scale turn to us." ...
UOB Kay Hian gets ‘direct leverage’ from broadening market, says Macquarie
Under a bull case, where this counter's liquidity "materially" improves, Macquarie's target price for UOB Kay Hian can go as high as $3.91 ...
UOB prices AUD2 billion in five-year senior unsecured notes
UOB Sydney Branch has priced AUD2 billion in senior unsecured notes across five-year (5Y) fixed and five-year floating rate tranches. This comprised AUD1.25 billion five-year Fixed-Rate Note (FXD) and ...
AI-Powered Customer Experience Platform Toku Opens Trading on SGX with Strong Debut as First IPO of 2026
The IPO comprised 65,000,000 Invitation Shares at an offer price of S$0.25 per share, consisting of 2,000,000 Public Offer Shares and 63,000,000 Placement Shares. The Invitation raised total gross ...
Customer experience platform Toku closes 14% above IPO price on Catalist debut
SINGAPORE] Customer experience platform Toku made its trading debut on the Catalist board on Thursday (Jan 22). This was Singapore’s second listing of the year. The counter opened at S$0.26 before ...
OCBC forms securities financing unit
OCBC has become the first Singapore bank to establish a dedicated securities financing unit, deepening its suite of solutions for institutional customers. The unit sits within the bank’s global ...
OCBC launches new securities financing unit
OCBC says the new unit will help its institutional customers earn fee income by loaning out their idle securities.
UOB rises 2.2% to 9-month high after listing of S$850 million perpetual securities
The counter climbed 2.2 per cent or S$0.81 to S$37.58 in early trade. As at 9.22 am, the stock had eased to S$37.41, still up by 1.7 per cent or S$0.64, with some 1.4 million shares changing hands.