Considerations are ongoing and the companies might decide not to proceed, while other bidders could also emerge, according to sources Read more at The Business Times.
Allianz, Sun Life Financial Reportedly In Tussle for HSBC HOLDINGS’ Singapore Insurance Biz
HSBC HOLDINGS (00005.HK) announced a strategic review of its Singapore insurance business, with Allianz, Sun Life Financial, Dai-ichi Life Holdings,Inc. (8750.JP), and Nippon Life Insurance weighing ...
Allianz, Sun Life weigh bids for HSBC Singapore insurance business, Bloomberg News reports
March 12 (Reuters) - Allianz SE and Sun Life Financial are considering bids for HSBC's Singapore insurance unit after the bank launched a strategic review of the business, Bloomberg News reported on ...
UI Boustead REIT Raises $764M in Singapore’s Largest IPO So Far This Year
UI Boustead REIT has raised around 973.6 million Singapore dollars, equivalent to US$764 million, in Singapore's largest initial-public offering year-to-date. The real-estate investment trust IPO was ...
RHB bullish on DBS, OCBC, but expects more volatility in banking sector amid geopolitical tensions
For UOB, there could still be ‘lingering concerns’ over its asset quality and provision buffers Read more at The Business Times.
IPO of UI Boustead REIT is 3.3 times subscribed
The international placement tranche comprises of 643,275,200 units, were being offered to institutional and other accredited investors, was 3.3 times subscribed.
ComfortDelGro to invest over $200m in driving education; new CCK driving centre to use AI in tests
Technology will allow for "more objective and independent training” at the new driving centre, CDG said. Read more at straitstimes.com. Read more at straitstimes.com.
AI ‘godfather’ raises $1.3 billion for start-up with Singapore as key base
Yann LeCun, an AI pioneer, raises $1.3 billion for AMI Labs with Singapore as a key base. Read more at straitstimes.com. Read more at straitstimes.com.
Standard Chartered to expand private banking team in Singapore – report
This decision follows increased scrutiny on Chinese financial flows after money-laundering cases involving Chinese nationals.
IPO-bound DayOne to build SG’s first bio data centre with Australia’s Cortical Labs
Initial deployment will involve a single rack of 20 Cortical Cloud units at NUS, with a view to expanding to a full-scale DayOne commercial data centre in Singapore. The partners envision a phased ...
OCBC sees regional transaction banking growth outpacing Singapore, senior executive says
Transaction banking revenue is currently split about 60:40 between domestic and regional markets Read more at The Business Times.
IPO-bound Flipkart shifts domicile from Singapore to India
The Walmart-owned unveiled plans in April 2025 to shift its headquarters back to India, a move that was approved by a court in Singapore in September. By December, the company had secured approval ...
Flipkart flips back from Singapore ahead of India IPO
With this, Flipkart Internet Pvt Ltd has become the group’s holding company after government approval for internal restructuring, clearing a key step toward the e-commerce major's upcoming domestic ...
UPDATE 1-F1 delays $3 bln Singapore IPO on weak markets
Reuters on Thursday, saying the owners were biding their time. He stressed, however, that the IPO had not been pulled.
Flipkart moves its headquarters back to India ahead of IPO
Flipkart's headquarters shift comes as the Walmart-backed e-commerce giant reaches about $30 billion in GMV.
Exclusive: IPO-bound Flipkart completes reverse flip; shifts domicile from Singapore to India
Flipkart has completed its reverse flip, moving its domicile from Singapore back to India after receiving approvals, including from the NCLT and the central government under Press Note 3 rules. The ...