The Urban Company IPO, priced at Rs 98–103 per share, comprises a fresh issue of Rs 472 crore and an offer-for-sale (OFS) of Rs 1,428 crore by existing investors. The subscription window closes on ...
MetaOptics Ltd IPO Receives Strong Support from a broad range of Investors
MetaOptics Ltd (the Company, together with its subsidiary, the Group), a cutting-edge vertically integrated designer and manufacturer of meta optics components and products headquartered in Singapore, ...
Urban Company IPO GMP jumps 28% as subscription opens tomorrow
Urban Company, a tech-driven online services marketplace, experienced a 34% surge in its grey market premium (GMP) ahead of its initial public offering (IPO).
CIMB Singapore CEO’s sudden exit puts spotlight on key profit hub
[SINGAPORE] Victor Lee has resigned from his roles as chief executive officer of CIMB Singapore and chief executive of growth markets, parent company CIMB Group announced on Tuesday (Sep 9). His ...
Still ‘more things to be done’ to reap synergies across OCBC: CEO-designate Tan Teck Long
SINGAPORE] OCBC’s incoming chief executive wants to continue building on the bank’s cross-selling and integration strategy. Read more at The Business Times.
$1.3B Loan Bombshell: UOB Trapped in Hong Kong’s Luxury Property Meltdown
UOB's $1.3 billion exposure to Shimao Group's luxury Beacon Peak development in Hong Kong is starting to look more like a liability than ...
CIMB Singapore CEO Victor Lee resigns, placed on gardening leave
Bank says it will announce successors in due course; CFO to take charge in interim. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore secures $655m to fund green, sustainable projects in South-east and South Asia
In 2023, MAS launched Financing Asia’s Transition Partnership, a national climate finance initiative. Read more at straitstimes.com. Read more at straitstimes.com.
DPM Gan urges Singapore firms to take action and not ‘wait and see’ amid tariff uncertainty
Deputy Prime Minister Gan Kim Yong has urged Singapore companies to drop the "wait-and-see" approach and act now, despite uncertainty over how US tariffs could impact them. Speaking to about 600 ...
CIMB Singapore CEO Lee resigns, starts gardening leave
Victor Lee, CIMB's CEO of growth markets and CEO of CIMB Singapore, has resigned. He has been placed on gardening leave with immediate effect. Andrew Boey, CIMB Singapore's CFO, will assume the role ...
Investors pledge $510m to Singapore’s green investment fund
Global public and private partners have committed $510 million to a sustainable investment fund managed by HSBC and Singapore’s sovereign wealth fund, the country’s central bank said on September 8.
Singapore’s blended finance platform seeks insurers’ participation: Ravi Menon
Insurance companies may be able to cover specific kinds of project risks that cannot be mitigated by concessional capital or technical assistance, says Singapore’s ambassador for climate action Read ...
Singapore stocks end lower amid mixed regional trading; STI down 0.3%
Across the broader market, losers beat gainers 291 to 275. Read more at straitstimes.com. Read more at straitstimes.com.
UOB Kay Hian’s Koh keeps ‘buy’ call on Prime US REIT, citing ‘depressingly low’ valuation
"We like Prime US REIT for its positive leasing momentum and conviction on improvement in portfolio occupancy," says UOBKH's Koh ...
Celebrity-loved Singapore handbag brand Aupen issues layoff notices amid Target trademark lawsuit
The brand is known for its asymmetrical leather handbags, which have been carried by the likes of Taylor Swift and Beyonce.
Singapore handbag brand Aupen lays off staff amid Target trademark dispute; Govt extends and revises early adoption schemes for EVs: Singapore live news
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