Company could raise as much as US$300 million (S$387 million) from the IPO, a source said. Read more at straitstimes.com. Read more at straitstimes.com.
Temasek-backed Foundation Healthcare mulls US$300 million Singapore IPO: sources
SINGAPORE] Foundation Healthcare, backed by Temasek Holdings, is considering an initial public offering (IPO) that could value the medical group at more than US$1 billion, according to people with ...
Singapore’s 24-Hour Transfer Rule Raises the Question of How Much Is Too Much
Singapore is introducing new banking safeguards that will hold or reject large digital transfers exceeding half of an account’s balance within 24 hours.
Trust Bank Now Offers Customisable Savings Plan in Singapore With Up to 2.5% p.a.
Trust Bank launched the Flex savings plan, allowing customers to customise how they earn interest through flexible bonus categories.
Singapore pro-Palestinian group begins symbolic hunger strike over govt’s alleged complicity in Gaza genocide
A pro-Palestinian coalition in Singapore has launched a hunger strike to protest what it describes as the government’s complicity in Gaza’s genocide. The group urges Singapore to cut military, ...
From banking to the FIA: what Citi’s new Singapore head Lee Lung-Nien brings to the F1 governing body
Lee Lung-Nien has helped turn around a financially dire FIA, to the tune of a net 28.7 million euro swing Read more at The Business Times.
Singapore Pools generated $12.7 billion turnover in FY 24/25
It is an increase from $12.2 billion in the previous financial year. Read more at straitstimes.com. Read more at straitstimes.com.
Don’t know these deals in JB & S’pore? You’re not maximising your POSB Mastercards.
If you don’t have time to cross the border, here’s some good news: POSB Mastercard members can also enjoy exclusive deals right here in Singapore, such as instant discounts and return vouchers at ...
DBS CEO Tan Su Shan is Fortune’s most powerful woman in Asia; Josephine Teo among most influential
Ms Tan is known for having brought a Bloomberg terminal into the hospital when she gave birth in 1999. Read more at straitstimes.com. Read more at straitstimes.com.
DBS picks three developers with potentially higher dividends, says sector discount ‘unwarranted’
Despite a close to 50% year-to-date run in share prices, developers’ price-to-book (P/B) valuations remain at 0.5x, representing a 60% discount to revised net asset value (RNAV).
DBS needs a strong candidate to succeed chairman Peter Seah. Here’s why
With the incumbent chairman in the seat for more than 15 years, change could be imminent Read more at The Business Times.
Stocks to watch: DBS, Keppel Reit, NetLink NBN Trust, StarHub, Info-Tech
SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Oct 8): Read more at The Business Times.
Asia Morning Briefing: Singapore Authorities Say Token2049 Organizer Not Covered by Russia Sanctions After A7A5 Appearance
Monetary Authority of Singapore spokesperson tells CoinDesk that entities not regulated as financial institutions are not subject to sanctions measures.
NSW strengthens economic ties with Singapore through new Memorandum of Understanding
The NSW Government will enhance trade and investment opportunities with Singapore through a new Memorandum of Understanding (MoU) focused on innovation and the green economy.
Competition Commission Approves Temasek and Ivanhoe Cambridge Real Estate Investment Deal
According to the CCI announcement, the proposed combination involves the acquisition of equity stakes in multiple Singapore-incorporated entities with significant real estate investments in India.
NetLink NBN Trust opens 11th central office in Seletar, a $110 mil investment
The Seletar central office is located to serve Singapore’s northern and northwestern regions, which span across 40,000 new homes.