The Indian subsidiary of South Korean automaker Hyundai Motor Company (HMC) allocated 42.4 million shares to 225 funds at ₹1,960 per share, the upper limit of its price range.
U.S. IPO Weekly Recap: Standard Aero Soars In 7-IPO Week, While Big Tech Names Join Pipeline
Seven IPOs debuted in the US this past week, raising a combined $1.8 billion. Six companies submitted initial filings this past week, most notably Ingram Micro and Cerebras Systems. As many as six ...
Shipbroker Vantage Files for IPO
Vantage, a Singapore-based shipbroking services company, filed for an initial public offering with the Securities and Exchange Commission. Vantage, which was founded in 2012, said it has three ...
GDS acquires Singapore warehouse, plans data center redevelopment
In its own announcement, GDS said the purchase follows the company being awarded new data center capacity by Singapore’s Infocomm Media Development Authority (IMDA) and Economic Development Board (EDB ...
Former HSBC executive Gordon French buys $100,000 chunk of Taylor Maritime Investments
New Taylor Maritime Investments (TMI) director Gordon French has taken a stake in the company. The London-listed handysize specialist said the independent board member bought 100,000 shares at $1.015 ...
Maid’s employer wants to marry her, but his son disapproves, asks how he can “safeguard dad’s wealth; will, CPF, bank savings and property”
"My father (60) is about to marry my helper. I am afraid if he gets scammed, I will have to clean up the mess afterwards," the son shared his concerns, asking for advice ...
Changes to tax regime will sustain Singapore’s competitiveness; provide more support to companies, individuals: Indranee
CHANGES to Singapore’s tax regime will help to sustain the Republic’s economic competitiveness and provide better support to companies and individuals, while ensuring it stays aligned with ...
Tech helps Singapore economy top Q3 forecasts
Singapore's economy grew more than expected in the third quarter as a rush for all things linked to artificial intelligence drove up demand for computer chips, according to preliminary data on Monday.
Singapore draws S$5.4 billion in H1 investment commitments, on track for full-year target: Gan Kim Yong
SINGAPORE continues to draw strong investments despite global corporate shifts, with the Singapore Economic Development Board (EDB) securing S$5.4 billion in fixed asset investment (FAI) commitments ...
Asia’s IPO bankers look beyond China slump with US$6 bil week
Listings from Hyundai Motor Co.’s India unit, subway operator Tokyo Metro Co. and Rigaku Holdings Corp. will push IPO volumes in Asia Pacific excluding China past $28 million.
UOB partners with industry peers and Institutes of Higher Learning
In an effort to promote job transformation, UOB works with Better U's industry partners and educational institutions.
Louis Chua on Income Tax (Amendment) Bill and Multinational Enterprise (Minimum Tax) Bill
In Singapore, corporate income tax is by far the single largest contributor to the Government’s budget. So, any policy changes in this area are going to have the most significant impact to the country ...
Don Wee on Income Tax (Amendment) Bill and Multinational Enterprise (Minimum Tax) Bill
Bill is a crucial step in aligning Singapore with global efforts to ensure fair and transparent taxation of multinational enterprises (MNEs), by ensuring tha ...
Income Derived By Foreign Entity For Rendering Technical Assessment Services Doesn’t Constitute FTS: Delhi ITAT
The Delhi ITAT held that income derived by foreign entity for rendering technical assessment services will not constitute as Fees for Technical Services (FTS) under Article 12(4)(b) of ...
India less export-oriented, will be relatively unaffected by potential US tariff hikes: Fitch
India, which is less export-oriented than many other Asian economies, would be relatively unaffected in case the US levies higher tariffs on imports, Fitch Ratings said on Monday. Fitch said higher ...
AI-powered underwater robot to help coral scientists see better in Singapore’s murky waters
The technology can help marine biologists speed up coral monitoring and restoration work. Read more at straitstimes.com.