Tyler and Cameron Winklevoss’s Gemini crypto exchange has obtained in-principle approval for a major license in Singapore.
Car dealers expect business to be hit as customers hold back purchases in anticipation of more COEs
SINGAPORE: The planned injection of up to 20,000 Certificates of Entitlement (COEs) could hurt their business in the short term as customers adopt a wait-and-see attitude with their purchases, car ...
Singapore and UAE: Complementary hubs for business leaders with global ambitions
A FLIGHT departs from Singapore’s Changi Airport every 80 seconds. Within six hours, that plane could reach any country in South-east Asia. Read more at The Business Times.
CEO’s post comparing Singapore & Dubai goes viral
He called Singapore “The billionaire's hub (in flip-flops)” while dubbing Dubai “The tax-free oasis (in Lamborghinis).” ...
Goodwill Entertainment Catalist IPO 1.5 times oversubscribed
KARAOKE and live show operator Goodwill Entertainment has announced that its initial public offering (IPO) on the Catalist board of Singapore Exchange has been 1.5 times oversubscribed. In a press ...
IPO: Listing Leviathan
With Lahoty leading the newly-build capital markets practice and industry leader Yash Ashar still at the firm, CAM maintains a business-as-usual demeanour, with a pipeline of IPO mandates leading into ...
Upcoming IPOs In November 2024: Swiggy, Acme Solar, Sagility India And More To Make D-Street Debut Next Month
Acme Solar Holdings Ltd., a renewable energy firm, is preparing to launch its IPO in November, although the exact dates are yet to be confirmed. The company aims to raise Rs 3,000 crore through its ...
Uni-Fuels Holdings Seeks U.S. IPO Despite Low Margins And High Valuation
Uni-Fuels Holdings plans $13.5M IPO for marine fuel; low margins and high valuation make it a sell according to financial writer. Learn more on UFG stock here.
Swiggy IPO gets bids of $15 bln from big investors like Norges, Fidelity, sources say
Big investors including Norway's sovereign wealth fund Norges and Fidelity have placed bids worth more than $15 billion in Swiggy's India IPO, 25 times the $605 million portion reserved for such ...
U.S. IPO Weekly Recap: Small Issuers Keep The October IPO Market Moving
Four very small Asian issuers listed in the US this past week. The offerings raised just $26 million combined. The week's big news came from the pipeline, with China-based a ...
HSBC to primarily cut senior roles in overhaul of management structure: report
According to group chief executive Georges Elhedery, HSBC's restructuring plan will target senior roles as opposed to a company-wide cut. This shift aims to simplify the organization and remove ...
Republic Power Group Withdraws IPO Filing
Singapore's Republic Power Group withdrew its filing for an initial public offering, more than two years after disclosing its plans to go public. The information-technology-services company filed ...
Singapore, Canada Funds Mull Backing $1.8 Billion Asset Shuffle
Canada’s largest pension fund and Singapore’s GIC Pte are in advanced talks to back PSG Equity’s plan to transfer $1.8 billion of company stakes into a new vehicle designed specifically for this type ...
Briefs: MAS appoints ex-MD Ravi Menon as chairman of new fintech group; Hongkong Land unveils new strategy
In other news, FHT says the risk of the potential loss of its MIT status has always been present and that the loss of status was beyond its control. ( read original story ...)
First REIT’s net property income drops 6.0% YoY in 9M 2024
First REIT's net property and other income fell 6.0% YoY to $74.4m in 9M 2024. The REIT linked the decline to the depreciation of the Japanese Yen and Indonesian Rupiah against the Singapore Dollar. ( read original story ...)
US crypto exchange Gemini gets okay to operate in Singapore
Singapore’s central bank and financial regulator has given in-principle approval to US crypto exchange Gemini to operate as a major payment institution in the city state.