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Category: FINANCE

Posted on 12/09/2022

Berjaya Corp to raise S$30mil from Singapore medical services provider IPO

Berjaya Corporation Bhd (BCorp) has proposed sub-dividing every one existing Singapore Institute of Advanced Medicine Holdings Pte Ltd (SIAMH) share and one convertible preference share on a basis to ... ( read original story ...)

Posted on 12/09/2022

BCorp’s Singapore medical services unit to undertake share split ahead of IPO

Berjaya Corp Bhd (BCorp) has said its subsidiary, Singapore Institute of Advanced Medicine Holdings Pte Ltd (SIAMH), will undertake a share split ahead of its listing on the Catalist Board of the ... ( read original story ...)

Posted on 12/09/2022

BCorp to raise S$30 mln from Spore medical services provider IPO

SIAMH is its indirect 51.62 per cent-owned subsidiary which BCorp proposed to list on SGX's Catalist Board a few months ago. In a filing with Bursa Malaysia, BCorp said assuming a minimum IPO price of ... ( read original story ...)

Posted on 12/09/2022

SPACs underwhelm in Hong Kong and Singapore in first year, as listings lapse and applications peter out

Special-purpose acquisition companies (SPACs) have received a cooler than expected response, but market participants still expect the listing mechanism to play a long-term role. ( read original story ...)

Posted on 12/09/2022

DBS, The Sandbox partner to build sustainable metaverse space

Singapore-based DBS has collaborated with The Sandbox, a subsidiary of Animoca Brands, to venture into the metaverse space. ( read original story ...)

Posted on 12/09/2022

This Singapore Group Will Invest $100 Million Via Fund For Digital Assets

Singapore's Whampoa Group, a multi-family office with investments in global tech firms, aims to deploy about $100 million through a venture capital fund in start-ups in the burgeoning digital assets ... ( read original story ...)

Posted on 12/09/2022

Singapore’s Frasers Hospitality shareholders reject US$966.5 million take-private offer

Singapore's Frasers Hospitality Trust said on Monday a SUS$1.35 billion (US$966.49 million) proposal to take the trust private had fallen through as it failed to garner the required shareholder ... ( read original story ...)

Posted on 12/09/2022

Ex-directors of gold investment firm get jail for fraudulent multimillion-dollar buyback scheme

SINGAPORE: Two former directors of a company that sold gold bars in a buyback arrangement which turned out to be a multimillion-dollar Ponzi scheme were sentenced to jail on Monday (Sep 12). Iseli ... ( read original story ...)

Posted on 12/09/2022

DBS Becomes the First Singaporean Bank to Join the Metaverse With The Sandbox

DBS launches DBS BetterWorld, a metaverse experience created in partnership with Animoca Brands’s The Sandbox. ( read original story ...)

Posted on 12/09/2022

Singapore wealthtech investments up 605% in 4 years amid Asian wealth boom

VENTURE funding in wealth management startups in Singapore surged in recent years as companies looked to address gaps in the market neglected by traditional wealth managers. Read more at The Business ... ( read original story ...)

Posted on 12/09/2022

Low labour costs, strong investor interest drawing Singapore start-ups into Vietnam

The number of start-ups from Singapore venturing overseas through Enterprise Singapore's Global Innovation Alliance (GIA) acceleration programmes has ballooned to more than 400 in less than five years ... ( read original story ...)

Posted on 12/09/2022

AI to become a top investment area in the next three years: study

Currently, 38% of healthcare leaders are already investing heavily on AI. More than three in 10 healthcare leaders (38%) in Singapore are investing heavily in artificial intelligence in a bid to ... ( read original story ...)

Posted on 12/09/2022

Stock Market LIVE Updates: Sensex and Nifty50 likely to make a muted start today

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open nearly unchanged on Monday, taking a breather after two days of gains, despite positive moves across global markets. Singapore ... ( read original story ...)

Posted on 12/09/2022

Grab’s Share Price Has Tumbled 70% Since its IPO: Is it Poised for a Rebound?

The ride-hailing cum food delivery company is increasing its engagement but continues to report losses. The post Grab’s Share Price Has Tumbled 70% Since its IPO: Is it Poised for a Rebound? appeared ... ( read original story ...)

Posted on 11/09/2022

Singapore One Pass work permit: Check eligibility criteria, benefits here

The new visa known as the Overseas Networks & Expertise (ONE) pass will come into effect from 1 January, 2023. ( read original story ...)

Posted on 11/09/2022

Citibank Rewards Card review: Is this the best card for shopaholics?

The Citibank Rewards Card is one of the more attractive credit cards in Singapore for shopaholics, offering 10x rewards points (or $1 = four miles) when you shop online (excluding travel-related ... ( read original story ...)

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