The IPO comprises a fund-raise via fresh issue amounting to Rs 300 crore and an offer for sale aggregating up to Rs 5,700 crore by selling shareholder Singapore VII Topco III Pte Ltd, an affiliate of ... ( read original story ...)
Ritu Phogat banking on wrestling history to get past experienced veteran Bi Nguyen
In her upcoming bout against experienced veteran Bi "Killer Bee" Nguyen, Indian wrestling superstar Ritu Phogat will be relying on the skills that got her to the world's largest martial arts ... ( read original story ...)
Khaw Boon Wan, the long-time Mr Fix-It for Singapore’s PM, will lead new SPH Media Holdings
Singapore’s main newspaper publisher will be spun off into the new non-profit entity, representing a dramatic reorganisation of the city state’s media industry. ( read original story ...)
Former UOB, OCBC bank employee jailed for cheating 7 people of nearly S$2 million
SINGAPORE: A former employee at two banks was given seven years' jail on Monday (May 10) for cheating seven people of almost S$2 million for ... ( read original story ...)
Singapore stock preview: OCBC, UOB, Sri Trang Gloves
The stock hit a 13-month peak of S$26.72 on Friday. Thai glove manufacturer Sri Trang Gloves launched on the SGX-ST mainboard with 2.86 million ordinary shares on Monday under the stock code ‘STG’. ( read original story ...)
Monde Nissin draws GIC, Fidelity as cornerstone investors for PH IPO: Report
Monde Nissin is reportedly in talks with a number of investors, including Singapore’s GIC, to become cornerstone investors in its IPO. ( read original story ...)
Designs on Asia: Growing wealth in a garden at Citibank’s largest Wealth Hub in Singapore
Money doesn’t grow on trees, so the old adage goes – yet Citibank’s latest wealth hub is making flora and fortunes flourish in tandem.The bank’s largest wealth advisory centre to date and its first in ... ( read original story ...)
Commentary: A return to Phase 2 could be a momentary setback to Singapore’s economic recovery
Singapore was on track for a highly anticipated 2021 growth recovery theme, but it is too early to predict if the second half of the year will be ... ( read original story ...)
DBS issues more than $450 million in Sora-pegged SME loans
DBS announced on Monday (May 10) that it has issued more than $450 million in Singapore Overnight Rate Average (Sora)-pegged loans as at end-April 2021, just over six months after the bank launched ... ( read original story ...)
DBS doubles its grant programme for social entrepreneurs to $3m
The DBS Foundation has increased its funding pool to support social enterprises. The DBS Foundation, the DBS Bank arm dedicated to championing social entrepreneurship, has increased the funding pool ... ( read original story ...)
Monde Nissin Attracts GIC, Fidelity to $1 Billion IPO
Philippine food maker Monde Nissin Corp. is in talks with Singapore state investment fund GIC Pte and Hong Kong insurer AIA Group Ltd. to become cornerstone investors in what could be the country’s ... ( read original story ...)
Global Fintech Hackcelerator, the 6th Edition, Launched by Monetary Authority of Singapore
Global Fintech Hackcelerator, the 6th Edition, launched by Monetary Authority of Singapore. Applications accepted until June 11. ( read original story ...)
Singapore’s Stellar Stock Run Stalls as Virus Cases Jump
A rally in one of Asia’s best-performing stock markets is stalling amid rising virus cases at home and a rethink of the global reflation trade. ( read original story ...)
UOB staff discloses personal details of over 1,100 customers to scammers
The data divulged comprised customer names, identification and mobile numbers and account balances.. Read more at straitstimes.com. ( read original story ...)
S’pore’s private sector heeds call for green finance growth
Singapore envisions becoming a regional green finance hub within a decade. And the local finance sector is fast seizing the initiative. Read more at straitstimes.com. ( read original story ...)
Has Asia missed the blank-cheque boat? The SPACs frenzy is cooling before Hong Kong, Singapore even get off the starting blocks
A flood of capital raising by SPACs at the start of 2021 slowed to a trickle by April, raising the question whether one of the hottest trends in finance has run out of steam before Asia reaches the ... ( read original story ...)