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Category: FINANCE

Posted on 24/06/2024

Shein Has Confidentially Filed for London IPO, Reuters Reports

Online fashion retailer Shein has confidentially filed papers for a potential listing in London with Britain’s market regulator, Reuters reported, citing two sources.

Posted on 24/06/2024

U.S. IPO Weekly Recap: Flurry Of SPACs And IPOs Fill The Pipeline In Short Holiday Week

One IPO and three SPACs debuted this week. Singapore-based safety equipment provider Rectitude Holdings priced at the bottom of the range to raise $8 million at a $58 million market cap. Three IPOs ...

Posted on 24/06/2024

Singapore warns of money laundering risks in areas

As a business, financial and trade hub, Singapore is vulnerable to being misused as a conduit to launder illicit funds derived from fraud committed abroad, said the Singapore’s Money Laundering ...

Posted on 24/06/2024

K-pop boy band Highlight to perform in Singapore in September

SINGAPORE – K-pop boy band Highlight are returning to Singapore ... via Ticketmaster (go to ticketmaster.sg or call 3158-8588). Pre-sale tickets for DBS/POSB cardmembers will be available between noon ...

Posted on 24/06/2024

Singapore core inflation sticks at 3.1% in May as overall consumer prices rise faster

Last month saw a larger increase in holiday expenses and a smaller decline in airfares. Read more at straitstimes.com.

Posted on 23/06/2024

Pine Labs plans $1 billion IPO in India after shift from Singapore

Fintech firm Pine Labs is reportedly eyeing an initial public offering (IPO) of $1 billion in India. This comes as the company has received approval from a Singapore court to relocate its base to ...

Posted on 22/06/2024

Peak XV Partners-backed Pine Labs Eyeing $1 Billion IPO in India

If this plan goes ahead, Pine Labs' IPO will become the biggest by an Indian fintech firm after Paytm operator One97 Communications raised about USD 2.5 billion in 2021 ...

Posted on 22/06/2024

SIAS writes to OCBC asking for clarity on its offer for GEH

Story continues 6. If the trading is suspended due to the free float requirement not being met, will this issue become a permanent distraction to OCBC as management strives to execute the "One Group" ...

Posted on 22/06/2024

Banking sector poses highest money laundering risks in Singapore

Non-banking sectors like corporate service providers, real estate, casinos, and precious stones also pose high ML risks in the country.

Posted on 22/06/2024

Pine Labs plans $1 bn IPO after relocating from Singapore to India

Fintech firm Pine Labs is reportedly eyeing an initial public offering (IPO) of $1 billion in India. This comes as the company has received approval from a Singapore court to relocate its base to ...

Posted on 21/06/2024

Shein’s London IPO plan in regulatory limbo as investors grow jittery, sources say

structure to set up its global headquarters in Singapore in 2021. Chinese start-ups commonly use VIEs to create an overseas shell company to control their operations at home through contractual ...

Posted on 21/06/2024

Experts say Shein’s U.S. IPO is all but dead

A London IPO could, in theory, be easier than a U.S. offering ... Shein was founded in China and has since moved its headquarters to Singapore. But a good chunk of the company's supply chain is still ...

Posted on 21/06/2024

Citing unhappiness among minority investors, SIAS seeks clarification from OCBC on Great Eastern offer

The directors of Singapore's Great Eastern have been advised to recommend that minority shareholders accept a S$1.4 billion offer from the insurer's top investor Oversea-Chinese Banking Corp (OCBC).

Posted on 21/06/2024

CPPIB, Temasek join Blackstone in backing Singapore hedge fund Arrowpoint

said on Friday it has secured investment from the Canada Pension Plan Investment Board (CPPIB) and a unit of Singapore’s Temasek Holdings. These sovereign wealth funds followed Blackstone, which had ...

Posted on 21/06/2024

HSBC Singapore unveils Live+ credit card for lifestyle spending

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this ...

Posted on 21/06/2024

Singapore becomes hot spot for M&A bankers hunting Asia deals

Total deal value 102% higher than 2Q2023, as strong corporate governance and predictable politics boost appeal of city-state.

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