SINGAPORE: About S$1.9 million in suspected scam proceeds were seized by the police's Anti-Scam Command (ASC) in a near month-long joint operation targeting government official impersonation, ...
S’porean telco software firm Circles eyes potential IPO listings on NASDAQ & SGX
Singaporean telecommunications software company Circles is considering listing on NASDAQ in New York, while its virtual telecom brand Circles.Life plans to launch an initial public offering (IPO) on ...
Singapore’s Keppel appoints ex-DBS CEO Piyush Gupta as deputy chairman
Singapore-based manager and asset operator Keppel said on Thursday it has appointed ex-DBS Group CEO Piyush Gupta as its deputy chairman, effective July 1.
Ex-DBS CEO Piyush Gupta appointed deputy chairman and non-executive independent director of Keppel board
Gupta’s appointment begins on July 1. Keppel’s board will now comprise a total of nine directors, of which seven are independent.
DBS staff, police stop 2 victims from losing $820k to government official impersonation scams
DBS staff helped an elderly woman from being scammed twice and referred the case to the police. The police said in a news release on Thursday (May 29) that the 77-year-old woman had tried withdrawing ...
Singapore Changi Airport: Investing In The Future
Pacific’s Premier Gateway. The Asia-Pacific region is poised for growth in air travel, and Singapore Changi Airport stands ready to partner with a ...
OCBC raises fair value for Boustead Singapore to $1.46 following FY2025
Boustead's total FY2025 dividend of 7.5 cents implies a yield of 7.2% based on the May 26 closing price of $1.04 ...
OCBC trims Seatrium’s fair value to $2.76; cadence of order wins slowing
Given the downside risks to order wins, Lim has trimmed her revenue forecasts and also fine-tuned her assumptions, thereby deriving a fair value of $2.76 from $2.82 previously, based on a valuation ...
Singapore Paincare receives acquisition bid of $0.16 per share
According to Advance Bridge Healthcare, Singapore Paincare has not raised equity since its 2020 IPO and is not expected to do so. The firm believes a public listing is no longer necessary and that ...
Singapore Dollar Weakens After Trade Court Strikes Down Trump’s Tariffs
The Singapore dollar weakened against its U.S. counterpart in the Asian session after a federal trade court ruled President Trump didn’t have the authority to impose sweeping tariffs on virtually ...
If You Bought 1,000 DBS Shares 10 Years Ago, Here’s How Much Richer You’d Be Today
An investment in blue chip DBS 10 years ago nearly tripled with dividends. See how long-term investing can quietly build wealth. The post If You Bought 1,000 DBS Shares 10 Years Ago, Here’s How Much ...
Shein switching to Hong Kong listing after London IPO stalls: Sources
Its proposed listing in London failed to secure green light from Chinese regulators, sources said. Read more at straitstimes.com. Read more at straitstimes.com.
Here’s what’s behind China’s IPO crackdown
A total of 428 IPO applications were withdrawn in China in 2024, according to Yicai Global, marking a 75% increase compared to the previous year. Chinese companies raised approximately $25.2 billion ...
Can MAS reforms halt the decline of the Singapore equities market?
Without these reforms, SGX risks remaining a marketplace of empty aisles, where suppliers peddle substandard goods as shoppers seek better venues elsewhere. For a lasting revival of the Singapore ...
Shein’s pursuit of an IPO: From New York to London to Hong Kong
Shein is working towards a listing in Hong Kong, as Chinese regulators did not approve the online fast-fashion retailer's proposed IPO in London, according to three sources with knowledge of the ...
Singapore households’ debt up, but asset growth more than keeps pace
While falling interest rates may help, one observer says to look out for difficulties such as bad debts. Read more at straitstimes.com. Read more at straitstimes.com.