Singapore unicorn Sea, formerly Garena, announced on Friday that it has filed a registration statement for a proposed IPO on the New York Stock Exchange. Goldman Sachs, Morgan Stanley, and Credit Suisse will be the bookrunners for the IPO. The number of ... ( read original story ...)
The Singapore Market this Week: Jardine Strategic Holdings Limited Joins the Giants
The local stock market, as represented by the Straits Times Index (SGX ... Aucnet Inc, to jointly develop Singapore’s first online live B2B auction platform. The joint venture company, SG e-Auction Pte Ltd, will operate and manage the e-auction platform ... ( read original story ...)
1 Stock That Has Trounced the Straits Times Index Handsomely This Week
Members of Motley Fool Singapore CEO David Kuo’s exclusive, invitation-only investment club Stock Advisor Gold have the opportunity ... to finding “hidden gem” stocks on the SGX exchange, to the latest market news from Athens, Beijing, and Washington ... ( read original story ...)
Australia’s Cromwell puts on hold up to $1.1 bln Singapore IPO of REIT
of a real estate investment trust on the Singapore Exchange, according to a stock exchange filing. "Despite receiving significant interest from strategic, institutional and retail investors, given current market conditions, it will not proceed with the ... ( read original story ...)
Losing Streak May Continue For Singapore Shares
(RTTNews.com) - The Singapore stock market has finished lower in three straight sessions, tumbling almost 30 points or 0.9 percent along the way. The Straits Times Index now rests just beneath the 3,215-point plateau and it may extend its losses on Friday. ( read original story ...)
Singapore Press Holdings considering job cuts: report
Shares in Singapore Press were unchanged at S$2.71 on the Singapore Exchange. The stock has lost about 23 percent so far this year, giving it a market value of S$4.3 billion. ( read original story ...)
Launch of the 2nd Asia Pacific Alternative Finance Industry Report
Other key markets in the Asia Pacific region in 2016 were Japan at $398 million, South Korea at $376 million, Singapore at $164 million, and India at $124 million. The alternative finance sector in the Asia-Pacific totalled $102.8 billion in 2015 ... ( read original story ...)
The way forward is digital, says UOB’s Wee
UOB also recently became the first Singapore bank to receive an in-principle forign-owned subsidiary bank licence in Vietnam. While the economy in the 20th century was driven by goods and services, the 21st century is being driven by digital technology and ... ( read original story ...)
OCBC’s presence a symbol of enduring Sino-Singapore ties: Heng
A reconstructed OCBC building in Xiamen yesterday was held up as a symbol of the longstanding ties between Singapore and China by Singapore's Minister for Finance Heng Swee Keat. Noting that the bank has a long history in China - having opened its doors ... ( read original story ...)
The Week Ahead: DBS Group, UOB and OCBC Eyed
So it raises the question as to why the interest rate is still stick at 0%. Inflation will also be on the agenda in Singapore. The headline inflation rate in the Garden City was 0.6% in August. It is expected to rise to 0.9% this time. The core inflation ... ( read original story ...)
Investors Sour on Singapore IPOs
An Australian real-estate company has pulled its plans for a billion-dollar initial public offering in Singapore following tepid demand for its units, people familiar with the process said Friday, indicating that investors remain wary in a volatile global ... ( read original story ...)
Australia’s Cromwell puts on hold up to $1.1 billion Singapore IPO of REIT
SINGAPORE (Reuters) - Australia’s Cromwell Property Group (CMW.AX) has put on hold its up to 927 million euros ($1.1 billion) initial public offering (IPO) of a real estate investment trust on the Singapore Exchange, according to a stock exchange filing. ( read original story ...)
Singapore ruling party takes flak over wealth gap
“Singapore has followed a different approach [to other developed nations], with a lower tax burden overall . . . while providing targeted subsidies for those in need,” the Ministry of Finance said. Lee Hsien Loong, prime minister ... ( read original story ...)
Asia Pacific Alternative Finance Report “Cultivating Growth” Released
Australia was the second largest alternative finance market with US$609.6 million in 2016, followed by Japan in third with US$398.45 million and in fourth South Korea with US$376.31 million, New Zealand in fifth with US$223.25 million, Singapore in sixth ... ( read original story ...)
ERA Realty’s re-entry to SGX as APAC Realty; IPO priced at S$0.66 per share
is making a comeback to the Singapore bourse under APAC Realty, alongside its other related businesses. The initial public offering (IPO) is priced at 66 Singapore cents per share. APAC Realty plans to raise a sum total of S$27.1 million. The IPO comprises ... ( read original story ...)
Qoo10 Singapore announces the Integrated Cashless Payment and Advertising Model – QPay
SINGAPORE, Sept. 22, 2017 /PRNewswire/ -- Qoo10 Singapore, Asia's leading online marketplace, announces the integrated Payment and Advertising Model, QPay. Qpay, an integrated cashless payment system enables consumers to purchase items simply by scanning a ... ( read original story ...)