The success of Mankind Pharma’s Rs 4,326-crore IPO, the biggest this year and the third-largest since 2022, augurs well for the moribund public issue market, which has seen just six issues this year.
Singapore and Hong Kong in ‘completely different’ stages of the property cycle: Real estate company
Henry Chin of CBRE says Singapore residential and commercial real estate rents have risen substantially, but things are "bottoming out" for Hong Kong. ( read original story ...)
Credit Suisse Southeast Asia FIG Head Said to Join Deutsche Bank
Credit Suisse Group AG’s head of financial institutions group in Southeast Asia is joining Deutsche Bank AG, according to people familiar with the matter.
DBS and Citi like Singtel’s reorganisation; expects easier value unlocking of infrastructure assets
Singtel's overseas associates have a combined market value of $45 billion, yet Singtel's own market cap is just $42 billion ...
DBS downgrades Suntec REIT to ‘hold’; analysts see ‘mixed performance’ from 1QFY2023 results
There is a “sell” call from OCBC Investment Research and two “hold” calls from CGS-CIMB Research and DBS Group Research.
Singapore retrenchments rise for 3rd straight quarter, unemployment stays low
SINGAPORE: Retrenchments in Singapore rose for the third consecutive quarter though unemployment rates remained low amid robust hiring demand. According to advance labour market estimates released by ...
Significant irregularities in reporting to investors led to Zilingo’s failure: Investor Burda
Burda Principal Investments, one of the leading investors in Singapore-based fashion startup Zilingo, has backed the action against ...
Stock Market Live: Sensex, Nifty 50 likely to start May series on a strong note
Indian equity benchmarks BSE Sensex and NSE Nifty 50 are likely to open higher on the first trading day of the May F&O series. The indices saw the best F&O series in six months in April. Singapore ...
Pertamina Hulu Energi plans US$1.4 billion Indonesian IPO with June debut -sources
The upstream arm of Indonesia's state energy company Pertamina, Pertamina Hulu Energi, plans to debut on the local bourse in June, after raising at least 20 trillion rupiah (US$1.36 billion), two ...
Singapore Says Foreign Residents’ Deposits Fell by S$22 Billion
Residents outside Singapore pulled billions in deposits last month amid financial turmoil triggered by the collapse of several banks globally.
New 2023 property cooling measures: Will 60% foreigner ABSD really affect Singapore’s property market?
A new set of cooling measures is upon us, and as has been typical for the past few – it was announced at a time close to midnight so that no one has any time to react.So the big news. ABSD rates have ... ( read original story ...)
Man who defaulted on NS for 10 years returns to Singapore after business fails in Hong Kong, gets jail
SINGAPORE: A Singaporean by birth stayed in Hong Kong and defaulted on his National Service (NS) obligations for more than 10 years, but chose to return to Singapore for the sake of his family after ...
Mankind Pharma IPO fails to attract retail investors
MUMBAI : Billionaire businessman Ramesh Juneja-promoted pharmaceutical company Mankind Pharma Ltd, failed to attract enough retail investors till the closing day of its much-awaited IPO – mirroring a ...
Singapore private residential prices rise 3.3% in 1Q, signals strong demand
Singapore's private property prices rose in the first quarter, official data showed on Friday, slightly higher than the flash estimate, reinforcing a months-long robust demand that has forced ... ( read original story ...)
Singapore Private Residential Prices Rise 3.3% in Q1, Signals Strong Demand
Singapore's private residential property price index rose 3.3%% in the first quarter, compared with 3.2% in the flash estimates, and much higher than the 0.4% increase in the previous quarter. Rentals of private residential properties increased by 7. ( read original story ...)
Singapore First-Quarter Home Prices Jump on Strong Demand
Singapore home prices rose for a 12th straight quarter, bucking a global housing slowdown and prompting authorities to raise property taxes on foreign buyers to cool the market. ( read original story ...)