OCBC and Disney have announced a five-year strategic collaboration across three of the Singapore bank’s five core markets – Singapore, Malaysia and Indonesia. Read more at The Business Times.
Singapore seeks to jail former oil tycoon OK Lim for 20 years for cheating HSBC
SINGAPORE: Singapore’s former oil tycoon Lim Oon Kuin will be sentenced on November 18 for cheating and forgery in a trading scandal that will go into the history books as one of the biggest in the ...
Singapore stocks rose on Tuesday—STI climbed 0.6%
SINGAPORE: Singapore stocks rose on Tuesday, Oct 15, following gains in overseas markets the night before. The Straits Times Index (STI) climbed 0.6%, gaining 22.58 points to reach 3,618.49 by 9:01 am ...
AGC seeks 20 years for OK Lim’s jail term, defence asks for 7 years
LIM Oon Kuin, founder of liquidated oil trader Hin Leong Trading, could be staring at a jail term of 20 years for his three cheating and forgery charges, if prosecution succeeds in persuading the ...
Prosecutors seek 20 years’ jail for Hin Leong oil tycoon OK Lim, 82
Lim Oon Kuin, once lauded as a successful businessman in Singapore's oil trading industry, was plunged into legal troubles after the sudden collapse of Hin Leong Trading in 2020 amid fraud allegations ...
Singapore SMEs extend expansionary momentum in Q3, buoyed by broad-based growth: OCBC
SINGAPORE’S small and medium-sized enterprises (SMEs) extended their growth momentum for a second consecutive quarter in Q3, according to the latest OCBC SME Index released on Tuesday (Oct 15). Read ...
Singapore to invest $107m for Active Ageing Centre infrastructure upgrades
The funding will support over 100 existing AACs. Singapore’s Ministry of Health will invest $107m (S$140m) from FY2025 to FY2027 to enhance and expand Active Ageing Centres (AACs) across the country, ...
Singapore still attractive investment location, drew $5.4 billion in first-half commitments: Gan Kim Yong
The minister was responding to a question about MNCs relocating, downsizing, or retrenching workers in Singapore. Read more at straitstimes.com.
GIC, 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 ...
Singapore Paincare to invest $1.5 mil in digital transformation to scale healthcare operations
The transformation is set to include the implementation of artificial intelligence (AI), Internet of Medical Things (IoMT), and big data analytics in its clinics nationwide.
IPO-bound Hyundai Motor India raises Rs 8,315 cr from anchor investors
Hyundai Motor India (HMIL) on Monday raised Rs 8,315 crore from anchor investors, setting the stage for the country’s biggest-ever maiden share sale. The Indian arm of the South Korean car maker ...
Hyundai IPO opens tomorrow: Hyundai Motor India raises Rs 8,315 cr from 225 anchor investor
The auto major will be selling off its 17.5% stake through the IPO of Hyundai Motor India Limited (HMIL), which will open on Tuesday.
Hyundai raises Rs 8,315 crore ahead of IPO
Of the total anchor investments, 34.4% or 14.6 million shares were allotted to 21 domestic mutual funds through a total of 83 schemes.
Hyundai Motor India raises ₹8,315 crore from 225 Anchor Investors ahead of IPO
The ₹27,870 crore Hyundai Motor India IPO, India's largest in history, will open for subscription on Tuesday, October 15 and will close on Thursday, October 17.
Hyundai’s Historic IPO: Driving into a New Chapter
Hyundai Motor India Ltd is set to make a historic IPO debut, raising Rs 8,315 crore from anchor investors ahead of its public offering. The IPO, the largest in India, is an offer-for-sale by Hyundai ...
Singapore to nominate Rena Lee for election as judge of the International Court of Justice
This is the first time a Singaporean has been nominated for election as an International Court of Justice judge.