“It is HSBC’s case that it has been a victim of brazen fraud perpetrated by the defendants,” the bank’s lawyers said in an opening statement, adding the Lims cheated various banks into extending ...
OCBC app new security feature prompts users to delete unofficial 3rd party apps, bank says no breach in privacy
Before OCBC rolled out the new security update, they would have at least one reported case of malware from third-party apps that led to users having their bank accounts drained. Chua stated that since ...
Liquidators of Hin Leong, top creditor HSBC seeking repayment in civil suit
THE court-appointed liquidators of beleaguered oil trader Hin Leong Trading, as well as its largest creditor HSBC, are seeking US$3.5 billion from the company’s founder Lim Oon Kuin (better known as ...
7 Singapore companies on Forbes Asia’s Best Under A Billion 2023 list
SINGAPORE — Seven Singapore companies made it to this year's Forbes Asia's Best Under A Billion list. The annual list, released on Thursday (10 August), highlights 200 small and midsized publicly ...
TVS Supply Chain Solutions IPO: Subscription Opens TODAY! Check Latest GMP, Allotment, Lisiting Dates, Price Range – All Details
The TVS Supply Chain Solutions IPO is a book Built Issue with a total issue size of Rs 880 core. The price range of the IPO is Rs 187 to Rs 197 per share and the IPO will list on BSE and NSE.
Singapore’s OK Lim faces liquidators, banks in US$3.5 bil case
Hin Leong’s liquidators are PricewaterhouseCoopers LLP’s Chan Kheng Tek and GTP Advisory PAC’s Goh Thien Phong.
Singapore Chess Federation ex-treasurer awarded S$120,000 in defamation suit over sexual misconduct allegation
Mr Jasmin Nisban’s lawsuit arose from efforts by others to oust the chess body’s president and executive council in 2015, following a shock election result.
‘A fighting chance’: IPO-bound Mirxes on why it chose Hong Kong over Singapore
IN THE days after cancer diagnostics startup Mirxes announced it applied to Hong Kong’s stock exchange for an initial public offering (IPO), executives at the company were flooded with questions about ...
SGX RegCo revises listing rules for life sciences IPO aspirants
Mainboard life sciences IPO aspirants need not show revenue yet but are to have a market cap of at least $300 million ...
DBS Bank uncovers big data challenges with AI use – and solutions, too
The Singapore bank opens up about the hurdles it had to overcome applying artificial intelligence to its operations and why success goes beyond getting the models right.
TVS Supply Chain Solutions IPO: Latest GMP Price, Allotment Date, Stock Listing Date And Other Details
The funds generated from the IPO will be directed towards the following purposes: --Prepayment or partial repayment of outstanding borrowings obtained by the company and its subsidiaries, namely TVS ...
TVS Supply Chain IPO opens tomorrow: GMP, issue details, 10 key things to know
On Tuesday, TVS Supply Chain IPO GMP was ₹ 0. According to analysts of topsharebrokers.com, trend indicates upside and expects a strong listing. The lowest GMP is recorded at ₹ 0 while the highest GMP ...
KL-Singapore high-speed rail update
Project managers said at least 700 representatives from local and international companies attended a Ministry of Finance event.
OCBC’s new anti-scam measure upsets some users; bank clarifies only apps with risky permission settings flagged
The bank's new security feature prevents users from logging onto their Internet banking and OCBC Digital app on their phone if it detects potentially risky apps downloaded from unofficial portals.
New banking app security feature sparks customer outcry; banks say it doesn’t conduct surveillance on users’ phones
To counter malware scams, banks here are rolling out a “stronger security feature” where phone users will not be able to use their mobile banking applications or log in to their internet banking ...
DBS to boost investments, hiring in China’s Greater Bay Area
DBS Group Holdings, Southeast Asia’s largest bank, will increase investment and hiring in China’s Greater Bay Area as it expects growth in the region to outpace the rest of the country, according to ...