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Posted on 16/10/2024

Two men linked to Singapore-based Chinese cybercrime ring first to plead guilty

The two Malaysian businessmen conspired to buy the personal data of more than 9,000 people from a Chinese national who claimed to have the data of over 1 million Thais.

Posted on 15/10/2024

India’s biggest IPO off to a slow start, subscribed 0.18x on Day 1

Hyundai IPO India IPO automotive sector Hyundai Motors subscription trends retail investors anchor investors Government of Singapore ...

Posted on 15/10/2024

Hyundai IPO a test of investor confidence in India’s ambition to be manufacturing powerhouse

The IPO proceedings could help Hyundai narrow market gaps in India, expand its facilities to serve global markets, analysts say.

Posted on 15/10/2024

Hyundai India IPO subscribed 18% on Day 1, retail portion booked 26%

Hyundai Motor India's Rs 27,870-crore initial public offering (IPO) saw a steady response on first day of subscription with 18 percent of the overall offer getting subscribed.

Posted on 15/10/2024

Hyundai Motor IPO opens: 0.16 pc of retail portion subscribed till noon

The Rs 27,870 crore initial share sale received bids for 89,92,522 shares against 9,97,69,810 shares on offer, as per NSE data till 11:39 hours.

Posted on 15/10/2024

India’s largest IPO ever! Hyundai Motor India – Price band, minimum investment, GMP, lot size, allotment date

The three-day subscription for the initial public offering (IPO) of Hyundai Motor India Limited (HMIL) has opened today.

Posted on 15/10/2024

BlackRock, Fidelity Snap up Hyundai India Shares in Record $3.3 Billion IPO

SYDNEY/SEOUL (Reuters) -Hyundai Motor India sold shares worth $989.4 million to institutional investors including BlackRock and Fidelity on Monday, as the carmaker launched a $3.3 billion IPO that ...

Posted on 15/10/2024

Hyundai India IPO subscribed 10% on Day 1 so far, retail portion booked 17%

On October 15, the retail portion was booked 17% as of 12:20 pm with retail investors placing bids for 84 lakh shares as against 4.94 crore shares on offer. Meanwhile, the non-institutional investors ...

Posted on 15/10/2024

Crypto Stocks COIN, Metaplanet, HOOD, Soar as Fresh Momentum Fuels Market Surge

Crypto-focused stocks recorded their best monthly performance. Coinbase, MicroStrategy, and Robinhood were some of the many companies that posted gains. Bitcoin mining companies also recorded ...

Posted on 15/10/2024

Couple behind livestreaming retailer fined for evading GST on branded goods

SINGAPORE: A couple behind a retailer that holds livestream sales of branded goods were convicted and fined on Tuesday (Oct 15) for evading Goods and Services Tax (GST) on imported goods.

Posted on 15/10/2024

Indian man jailed in Singapore for spending Rs 16 lakh mistakenly sent to his account

Periyasamy Mathiyazhagan, 47, said he spent the money to pay off his debts and transferred a portion of it to his family in India. ( read original story ...)

Posted on 15/10/2024

Prosecution seeks up to 66 months’ jail for man linked to loan ruse that duped 2 banks of over $1.2m

On Oct 15, Deputy Public Prosecutor Cheah Wenjie urged the court to sentence Lee to up to five years and six months’ jail, stressing that the offender had made no restitution. DPP Cheah also told ...

Posted on 15/10/2024

OCBC Kicks Off Five-Year Regional Partnership With Disney

OCBC has partnered up with Disney in a strategic five-year collaboration across three of its five core markets in Southeast Asia.

Posted on 15/10/2024

Singapore hits brakes on $1.7 billion Allianz deal for one-time insurance cooperative after it sparks public outcry

On Monday, Singapore’s government decided to block the deal until Allianz addressed some of its concerns, including whether Income Insurance will be able to continue its social mission.

Posted on 15/10/2024

CNA Explains: What you need to know about the Income-Allianz deal being blocked by Singapore

The Singapore government intervened to stop a proposed deal between Income Insurance and German-based insurance giant Allianz, with three Cabinet ministers explaining the rationale.

Posted on 15/10/2024

Hyundai IPO: How are investors responding to India’s biggest-ever issue?

Hyundai Motor India's ₹27,870-crore initial public offering (IPO) witnessed a steady response on first day of subscription. Within two hours, the offer's 10% got subscribed- the retail portion was ...

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