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Category: FINANCE

Posted on 16/10/2024

Vedanta Resources Signs Facility Agreement Worth $125 Million

Standard Chartered Bank Singapore Ltd. is the arranger, agent, and lender for the agreement, which aims to support Vedanta Resources' funding requirements.

Posted on 16/10/2024

From potato skins to kopi cups: Innovative students tackle food and packaging waste in Singapore

Selected as one of the five winning pitches in the second edition of the DBS Foundation X NEA Hungry for Change Challenge, their solution is slated for a pilot phase at Koufu Fusionopolis. Read more ...

Posted on 16/10/2024

Food Innovators’ IPO fully subscribed, public offer 6.3 times subscribed

In total, the private placement and public tranches have a subscription rate of 1.4 times. Read more at straitstimes.com.

Posted on 16/10/2024

GIC and BlackRock snap up Hyundai India shares in record $4.3 billion IPO

Singapore sovereign wealth fund GIC and US asset management giant BlackRock together picked up stakes worth a total of US$77.3 million, while American financial major Fidelity bought shares worth ...

Posted on 16/10/2024

Singapore’s OCBC Group CEO Helen Wong ranked as 2nd most powerful woman in Asia for 2024

She took 2nd place on this year’s Fortune Most Powerful Women Asia list, which ranks women business leaders across the Asia Pacific region ...

Posted on 15/10/2024

India’s biggest IPO off to a slow start, subscribed 0.18x on Day 1

Hyundai IPO India IPO automotive sector Hyundai Motors subscription trends retail investors anchor investors Government of Singapore ...

Posted on 15/10/2024

Hyundai IPO a test of investor confidence in India’s ambition to be manufacturing powerhouse

The IPO proceedings could help Hyundai narrow market gaps in India, expand its facilities to serve global markets, analysts say.

Posted on 15/10/2024

Hyundai India IPO subscribed 18% on Day 1, retail portion booked 26%

Hyundai Motor India's Rs 27,870-crore initial public offering (IPO) saw a steady response on first day of subscription with 18 percent of the overall offer getting subscribed.

Posted on 15/10/2024

Hyundai Motor IPO opens: 0.16 pc of retail portion subscribed till noon

The Rs 27,870 crore initial share sale received bids for 89,92,522 shares against 9,97,69,810 shares on offer, as per NSE data till 11:39 hours.

Posted on 15/10/2024

India’s largest IPO ever! Hyundai Motor India – Price band, minimum investment, GMP, lot size, allotment date

The three-day subscription for the initial public offering (IPO) of Hyundai Motor India Limited (HMIL) has opened today.

Posted on 15/10/2024

BlackRock, Fidelity Snap up Hyundai India Shares in Record $3.3 Billion IPO

SYDNEY/SEOUL (Reuters) -Hyundai Motor India sold shares worth $989.4 million to institutional investors including BlackRock and Fidelity on Monday, as the carmaker launched a $3.3 billion IPO that ...

Posted on 15/10/2024

Hyundai India IPO subscribed 10% on Day 1 so far, retail portion booked 17%

On October 15, the retail portion was booked 17% as of 12:20 pm with retail investors placing bids for 84 lakh shares as against 4.94 crore shares on offer. Meanwhile, the non-institutional investors ...

Posted on 15/10/2024

Prosecution seeks up to 66 months’ jail for man linked to loan ruse that duped 2 banks of over $1.2m

On Oct 15, Deputy Public Prosecutor Cheah Wenjie urged the court to sentence Lee to up to five years and six months’ jail, stressing that the offender had made no restitution. DPP Cheah also told ...

Posted on 15/10/2024

OCBC Kicks Off Five-Year Regional Partnership With Disney

OCBC has partnered up with Disney in a strategic five-year collaboration across three of its five core markets in Southeast Asia.

Posted on 15/10/2024

Hyundai IPO: How are investors responding to India’s biggest-ever issue?

Hyundai Motor India's ₹27,870-crore initial public offering (IPO) witnessed a steady response on first day of subscription. Within two hours, the offer's 10% got subscribed- the retail portion was ...

Posted on 15/10/2024

Prosecution calls for up to 66 months’ jail for man linked to loan ruse; 2 banks duped of over $1.2m

SINGAPORE - By using false statements, a man worked with a female accomplice to dupe two banks into disbursing loans totalling $1,218,000 starting in 2014. According to court documents, Standard ...

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