OCBC and concert parties have garnered 90.16 per cent of the ... the insurer’s embedded value per share of S$36.59 as at Dec 31, 2023. Frontline regulator Singapore Exchange Regulation requires ...
4 Singapore Blue-Chip Stocks Delivering Dividend Yields of 5.6% or More
United Overseas Bank Ltd, or UOB, is Singapore’s third-largest bank. For 2023, the lender also reported a strong set of earnings as high interest rates lifted its NII. NII rose 16% year on year to S$9 ...
Great Eastern shareholders who hold out on OCBC offer could face long wait for next exit
Takeover could be in limbo if acceptances are not enough to trigger exit offer. Read more at straitstimes.com.
Foxconn to invest $383 mln in Vietnam circuit board plant, says state media
Foxconn Singapore has been awarded a licence to invest $383 million in a factory to produce printed circuit boards in Vietnam, state media reported on Monday.
OCBC garners over 90% of Great Eastern’s shares; trading in insurer to suspend at close of offer
OCBC and concert parties have garnered 90.16 per cent of the shares in Great Eastern, the bank announced on Monday (Jun 24). However, no delisting is in sight as the lender’s offer for its insurance ...
SIAS cites ‘dilemma’ for minority shareholders amidst OCBC’s GE offer
"In the recent cases of voluntary unconditional general offer, SIAS observed that the offers created dilemma to Minority Shareholders where they are not given a choice to make a decision due to terms ...
Foxconn to invest $518 million in Vietnam circuit board plant: Report
The plant in the northern province of Bac Ninh will produce 2.79 million products a year. Read more at straitstimes.com.
Online Retailer Shein Files for Confidential IPO in London, Report Says
Fashion retailer Shein has confidentially filed to go public in London, according to a Reuters report, after its plans to list in the U.S. were disrupted by the trade war with China.Shein submitted ...
Alibaba Rival Shein Confidentially Files London IPO Filing Amid US Regulatory Hurdles On Chinese Firms: Report
Shein, the fast fashion behemoth and rival to Alibaba‘s online fashion arm, reportedly filed for an initial public offering (IPO) in London. This move comes amid the company’s ongoing struggles with ...
Shein Has Confidentially Filed for London IPO, Reuters Reports
Online fashion retailer Shein has confidentially filed papers for a potential listing in London with Britain’s market regulator, Reuters reported, citing two sources.
U.S. IPO Weekly Recap: Flurry Of SPACs And IPOs Fill The Pipeline In Short Holiday Week
One IPO and three SPACs debuted this week. Singapore-based safety equipment provider Rectitude Holdings priced at the bottom of the range to raise $8 million at a $58 million market cap. Three IPOs ...
Singapore warns of money laundering risks in areas
As a business, financial and trade hub, Singapore is vulnerable to being misused as a conduit to launder illicit funds derived from fraud committed abroad, said the Singapore’s Money Laundering ...
K-pop boy band Highlight to perform in Singapore in September
SINGAPORE – K-pop boy band Highlight are returning to Singapore ... via Ticketmaster (go to ticketmaster.sg or call 3158-8588). Pre-sale tickets for DBS/POSB cardmembers will be available between noon ...
Singapore core inflation sticks at 3.1% in May as overall consumer prices rise faster
Last month saw a larger increase in holiday expenses and a smaller decline in airfares. Read more at straitstimes.com.
Pine Labs plans $1 billion IPO in India after shift from Singapore
Fintech firm Pine Labs is reportedly eyeing an initial public offering (IPO) of $1 billion in India. This comes as the company has received approval from a Singapore court to relocate its base to ...
Peak XV Partners-backed Pine Labs Eyeing $1 Billion IPO in India
If this plan goes ahead, Pine Labs' IPO will become the biggest by an Indian fintech firm after Paytm operator One97 Communications raised about USD 2.5 billion in 2021 ...