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Category: FINANCE

Posted on 27/07/2024

Ola Electric IPO: Issue to open for retail subscription on August 2, valuation expected at $4.4 billion

Electric two-wheeler maker Ola Electric will open its initial public offering (IPO) for retail subscription on August 2, the company said in a filing with the Securities and Exchange Board of India ...

Posted on 27/07/2024

Ola Electric to launch IPO next week, valuation seen at around $4.4 bln

The issue, which will open for institutional investors a day earlier on Thursday, will close for retail subscriptions on Aug. 6, the final IPO prospectus filing showed. Ola founder Bhavish Aggarwal ...

Posted on 27/07/2024

Ola Electric to launch its ₹5,500cr IPO on August 2

The IPO will close for retail subscriptions on August 6, as revealed by the final IPO prospectus filing. Institutional investors will have access to the offering a day earlier on August 1. Ola founder ...

Posted on 27/07/2024

Ola Electric IPO to open for public on August 2

Ola Electric's IPO opens August 2, valued at $4.2-$4.4 billion, with founder Bhavish Aggarwal offloading shares.

Posted on 27/07/2024

ValueMax’s Malaysia associate company Well Chip IPO jumps nearly 50%

KUALA LUMPUR] Johor-based pawnbroker Well Chip Group, an associate company of Singapore Exchange-listed ValueMax Group, made its debut on Bursa Malaysia’s main market stock exchange on Tuesday (Jul 23 ...

Posted on 27/07/2024

Singapore’s market value may soon beat Thailand for first time since 2020

For years, Thai equities stood tall as one of Southeast Asia’s largest stock markets. That bullish story is fast unraveling, and not even cheap valuations can save the day.

Posted on 27/07/2024

Up to S$3 cashback for PayLah! customers at hawker stalls, heartland shops & markets on Saturdays

From Aug. 1 until the end of the year, the first 75,000 people who scan to pay with PayLah! at participating merchants on Saturdays will get up to S$3 cashback. These comprise hawker stalls, heartland ...

Posted on 27/07/2024

Singapore reports increased use of crypto to fund terrorism

Singapore is facing a troubling trend: more and more cryptocurrencies are being used to fund terrorisms around the world. The Ministry of Home Affairs (MHA) recently reported that, while traditional ...

Posted on 26/07/2024

Strength in Singapore’s data centre colocation market has analysts positive on Keppel DC REIT

Although Lee says that the REIT’s 1HFY2024 results painted the strength of Singapore's colocation data centre market, he notes that key downsides include short land tenure on its Singapore assets, ...

Posted on 26/07/2024

UOB makes ‘management refresh’ amid digital push

To replace Hwee (pictured middle), UOB has promoted Singapore-based Lawrence Goh (pictured right) is promoted head of GTO and will commence the role on the same day as September 1, according to a UOB ...

Posted on 26/07/2024

Continued Consolidation Expected For Singapore Shares

(RTTNews) - The Singapore stock market has tracked lower in back-to-back sessions, stumbling more than 30 points or 0.9 percent along the way. The Straits Times Index now rests just above the ...

Posted on 26/07/2024

Singapore Central Bank Keeps Policy Unchanged, Sees Stronger Economic Growth Ahead

Singapore’s central bank left its monetary policy settings unchanged for a fifth straight time as it tweaked its economic outlook, expecting cooler inflation and stronger growth.

Posted on 26/07/2024

Singapore’s Aspiring Bankers Skip Class to ‘Stack’ Internships

has spent two semesters away from school to gain more direct exposure to the finance sector. The 24-year-old accountancy undergraduate, who will likely graduate later than many of his classmates at ...

Posted on 26/07/2024

Tohokushinsha, Japanese Coproducer of ‘Lost in Translation,’ Receives $575 Million Takeover Bid From Singapore Investor

Singapore-based finance firm 3D Investment Partners said Thursday that it is seeking to take private Tohokushinsha, the Japanese film and TV distribution firm. Its bid values Tohokushinsha at $575 ...

Posted on 26/07/2024

Grab Buys Singapore’s Chope to Add Dining Reservation Service

Ride-hailing and delivery provider Grab Holdings Ltd. acquired Singapore restaurant reservation app Chope for an undisclosed sum, expanding its services as competition over users intensifies.Most Read ...

Posted on 26/07/2024

Geopolitics, high rates stifle Asia IPO ambitions

Asia witnessed a prolonged slowdown in H1 2024, according to the EY Global IPO Trends Q2 2024 report, with a mere 216 IPOs listed and US$10.4 billion raised. This jaded performance represents a ...

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