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Category: FINANCE

Posted on 07/12/2021

Olam bags $205m club loan allowing for demerger, IPO of Olam Food Ingredients

OFI intends to seek a primary listing on the premium segment of the London Stock Exchange and a concurrent secondary listing in Singapore.. Read more at straitstimes.com. ( read original story ...)

Posted on 07/12/2021

Stocks in Focus on December 7: RateGain Travel IPO, Tata Motors, Indo Count, SpiceJet, Diagnostic Stocks and many more

The Sensex and the Nifty on Monday, December 6, 2021, declined more than one and half a per cent. Both stocks fell amid mixed cues from the global equity markets. ( read original story ...)

Posted on 07/12/2021

Singapore – Insurers To Support Cyber Risk Management.

Mr Lawrence Wong, Minister for Finance and Deputy Chairman of the Monetary Authority of Singapore (“MAS”), has emphasised in his speech at the Singapore International Reinsurance Conference 2021, the ... ( read original story ...)

Posted on 07/12/2021

Singapore’s central bank flags climate change, crypto-assets as emerging long-term vulnerabilities to global financial system

The Monetary Authority of Singapore (MAS) has flagged climate change and the increasing prominence of cryptocurrencies as emerging vulnerabilities that could pose a risk to the stability of global ... ( read original story ...)

Posted on 07/12/2021

Singapore finance regulator suspends Bitget exchange license over BTS coin ads

After a legal battle with the agency for K-Pop boy band BTS, the Singapore-based Bitget exchange is said to have lost its license. The Monetary Authority of Si ... ( read original story ...)

Posted on 07/12/2021

Sembcorp Marine joins growing shipping exposure in UOB’s Alpha Picks portfolio

Refinanced offshore yard group joins Chinese shipbuilder and Japanese bulker owner among bank’s high conviction calls ... ( read original story ...)

Posted on 07/12/2021

Singapore Stock Market Expected To Extend Its Winning Streak

The Singapore stock market has moved higher in two straight sessions, collecting almost 25 points or 0.8 percent along the way. The Straits Times Index now sits just above the 3,115-point plateau and ... ( read original story ...)

Posted on 07/12/2021

Digital Realty Announces Successful Listing of Digital Core REIT on Singapore Stock Exchange

Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, announced today the successful listing of Digital Core REIT ... ( read original story ...)

Posted on 07/12/2021

RateGain IPO: Travel Tech Startup Raises INR 598.8 Cr From Anchor Investors

Some of the key anchor investors were the Government of Singapore, Monetary Authority of Singapore, Nomura, ICICI Prudential Mutual Fund, SBI Life Insurance, Nippon Mutual Fund, Pinebridge, Axis ... ( read original story ...)

Posted on 07/12/2021

RateGain Travel Technologies raises Rs 599 cr from anchor investors ahead of IPO

The company has decided to allocate 1,40,90,136 equity shares to 34 anchor investors at Rs 425 apiece, valuing the transaction size to Rs 598.83 crore, according to a circular uploaded on BSE website. ( read original story ...)

Posted on 07/12/2021

RateGain Travel raises ₹598 cr from anchor investors ahead of IPO

RateGain Travel Technologies has raised ₹598.83 crore from 34 anchor investors, including the Government of Singapore, Monetary Authority of Singapore, Nomura, Goldman Sachs, BNP Paribas, HSBC, the ... ( read original story ...)

Posted on 07/12/2021

RateGain Travel Technologies mobilises Rs 598 crore from anchor investors ahead of IPO

ICICI Prudential, Nippon Life India Trustee, Aditya Birla Sun Life Trustee, Sundaram Mutual Fund, SBI Life Insurance, and Axis Mutual Fund participated in the anchor book. ( read original story ...)

Posted on 06/12/2021

OCBC: Glimmers of hope for Malaysia’s economic recovery going into 2022

There are some glimmers of hope for Malaysia’s economic recovery moving into 2022, driven by, among others, the high vaccination rate which should allow a more sustainable economic reopening even if ... ( read original story ...)

Posted on 06/12/2021

Revolut Singapore obtains Capital Markets Services licence from the Monetary Authority of Singapore

Revolut, the global FinTech with more than 16 million customers worldwide, has obtained a Capital Markets Services (CMS) licence from the Monetary Authority of Singapore (MAS). This will allow the ... ( read original story ...)

Posted on 06/12/2021

Singapore Wants to Lead on Crypto, Not K-Pop Pensions

Singapore may have set its sights on becoming the world’s cryptocurrency capital. But its “buyer beware” approach to trading in risky digital assets doesn’t mean anything goes. A coin that works as a ... ( read original story ...)

Posted on 06/12/2021

Stock Market LIVE Updates: Sensex, Nifty50 likely to open higher today; SGX Nifty futures up

Indian equity benchmarks Sensex and Nifty50 are likely to start the week on a positive note, despite weakness across most other Asian markets. At 7:42 am, Singapore Exchange (SGX) Nifty futures -- an ... ( read original story ...)

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