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Tag: banking

Posted on 18/05/2026

DBS’s Tan Su Shan sells 100,000 shares via open market

DBS CEO Tan Su Shan disposed of the shares at $60.12 apiece on May 15. Following the disposal, Tan’s stake in DBS fell to 0.48% from 0.52% previously.

Posted on 18/05/2026

OCBC’s Lim maintains ‘hold’ on SingPost; awaits operational improvements

A turnaround towards commercial sustainability will take time and upfront investments, supported by financial discipline, and management’s ability to execute will be key' ...

Posted on 18/05/2026

GIC-Backed JustCo Seeks to Raise $78.1 Million in Singapore IPO

SINGAPORE--Workspace operator JustCo plans to raise around US$78.1 million in an initial public offering, as it looks to expand its overseas operations. The company, backed by Singapore ...

Posted on 18/05/2026

UOB to sell property interests worth $387 mil in Novena Square to SingLand and former Faber House to UOL Group

The deal values Novena Square at nearly $1.5 billion. United Overseas Bank is selling properties worth some $387 million to related parties as part of its capital reallocation mov ...

Posted on 18/05/2026

IHH, DBS sign $196 million loan for safer antibiotic use

(Corrects to say $196 million, not $194 million, in the headline to align with the currency conversion in the lead paragraph) SINGAPORE, May 15 (Reuters) - IHH Healthcare has signed a S$250 million ...

Posted on 18/05/2026

DBS, City Developments tie new loan to biodiversity goals

In a move highlighting the growing integration of biodiversity goals into mainstream corporate finance, DBS and City Developments Limited (CDL) have launched a S$300 million (US$234 million) ...

Posted on 18/05/2026

Singapore’s 2nd richest man Kwek Leng Beng’s CDL secures $234M sustainability-linked loan from DBS

City Developments, controlled by Singapore’s second-richest man Kwek Leng Beng, has secured a new S$300 million (US$234 million) multicurrency sustainability-linked loan (SLL) from lender DBS.

Posted on 18/05/2026

Stocks to watch: Keppel, SingLand, UOL, UOB, ST Engineering, SIA, Lendlease Global Commercial Reit

SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (May 18): Read more at The Business Times.

Posted on 17/05/2026

Singapore court grants winding up bids for three entities linked to 1MDB scandal, liquidators say

KUALA LUMPUR, May 15 (Reuters) - The Singapore High Court has granted winding up applications filed for three entities incorporated in the British Virgin Islands and linked to the multibillion-dollar ...

Posted on 17/05/2026

Singapore a ‘trusted partner’ in shaping regional trade rules, says UK’s investment minister

There is growing interest from Singaporean investors in priority areas such as venture capital for emerging technologies and infrastructure, says Jason Stockwood Read more at The Business Times.

Posted on 17/05/2026

DayOne plans dual IPO in Singapore and US, FT reports

May 17 (Reuters) - Global data centre operator DayOne, affiliated with China's GDS Holdings, is planning to list simultaneously in Singapore and the U.S. in a move that is set to raise $5 billion, the ...

Posted on 17/05/2026

CDL secures $300 mil DBS sustainability-linked loan tied to nature targets

Since 2017, we have secured over $11 billion in sustainable financing (Photo: CDL)Singapore-listed property group City Developments Limited (CDL) has secured a new $300 million multi-currency ...

Posted on 16/05/2026

JustCo targets S$100 million mainboard IPO to expand into existing and new markets

The GIC-backed company is set to be the second to list on the SGX mainboard this year Read more at The Business Times.

Posted on 16/05/2026

Singapore banks fight for bigger slice of wealth management pie

In a world of low interest rates and stiffer banking regulations on capital, the wealth management business has become more than just a source of diversification for banks.

Posted on 16/05/2026

Not mandatory for most investors to seek advice for complex products like investment-linked policies

Most retail investors can now opt in or out of financial advice for complex products, with enhanced disclosures for informed decisions. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 16/05/2026

Standard Chartered, Singapore Gulf Bank Deepen Cross-Border Clearing Ties

Standard Chartered, Singapore Gulf Bank Deepen Cross-Border Clearing Ties. Standard Chartered forges clearing relationship with Singapore Gulf Bank to smooth ME-Asia paymentsStandard Chartered has est ...

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