Shares of SEAMEC ended 1.5 per cent higher at Rs 444.9 on the NSE. Reuters Standard Chartered sold 318,418 shares of Wheels India at Rs 452.7 apiece through a bulk deal on the NSE. at Rs 450 per share ... ( read original story ...)
DBS co-leads $625m finance deal in Indonesia battery metals project
Singapore bank DBS Group said on Thursday it has co-led a group of lenders in a $625 million financing deal for a battery nickel and cobalt project in Indonesia. The project by PT Halmahera Persada ... ( read original story ...)
Wilmar obtains second sustainability-linked loan from OCBC totalling US$150 mil
Wilmar International has secured a US$150 million ($202.15 million) sustainability-linked loan from OCBC Bank.Under the three-year facility, the interest rate will be reduced on a tiered basis if ... ( read original story ...)
Jana Small Finance Bank files IPO papers, to raise Rs 1,100 crore
Jana Small Finance Bank said it may consider a pre-IPO placement of an aggregate amount not exceeding Rs 500 crore, including by way of a proposed further issue to its promoters for an amount of up to ... ( read original story ...)
DBS co-leads $625 mln finance deal in Indonesia battery metals project
HANOI, April 1 (Reuters) - Singapore bank DBS Group said on Thursday it has co-led a group of lenders in a $625 million financing deal for a battery nickel and cobalt project in Indonesia. The project ... ( read original story ...)
Post-IPO, Is Vizio A Compelling Long-Term Play?
After a rough week for IPOs, Vizio Holding (VZIO), which is the ... he actually survived the horrific crash of Singapore Airlines Flight 006). His vision was to “make the home everyone’s ... ( read original story ...)
RPT-UPDATE 1-Singapore Exchange explores joining SPAC party but with restrictions
Singapore Exchange Ltd is proposing introducing regulations to allow the listing of Special Purpose Acquisition Companies (SPACs) or blank cheque firms that have taken U.S. markets by storm. "The ... ( read original story ...)
Endeavor files for IPO as Elon Musk is named to its board
The company had hoped to raise $712m from its aborted 2019 IPO. It was valued at $6.3bn in 2017, when it landed a $1bn investment from the Canada Pension Plan Investment Board and GIC, Singapore’s ... ( read original story ...)
6 Millennials Who Moved Out In Their 20s Share Personal Finance Tips To Hit This Milestone
Here are some financial tips we’ve gleaned from millennials on moving out in their 20s, to help you best weather this new stage in your life. ( read original story ...)
UOB CEO’s pay falls 8.8% to $9.8m in 2020
SINGAPORE (THE BUSINESS TIMES) - UOB chief executive officer Wee Ee Cheong earned a total salary of S$9.805 million in 2020, down 8.8 per cent from S$10.75 million in 2019, according to the bank's ... ( read original story ...)
STI falls alongside regional peers but caps strongest first quarter since 2012
SINGAPORE (THE BUSINESS TIMES ... gave the STI a strong lift for the three-month period to Mar 31. DBS, OCBC and UOB saw $1 billion of net institutional inflow in the first quarter and averaged 15.4 ... ( read original story ...)
Singapore Explores Getting in on SPACs
The Singapore Exchange started a public consultation on the publicly listed shell companies with ready pools of cash that seek to invest in—and merge with—private companies. ( read original story ...)
Bank customer satisfaction in Singapore dipped 1.7% in 2020: SMU study
Bank customers have become more price-sensitive given the economic environment.. Read more at straitstimes.com. ( read original story ...)
OCBC debuts ‘Eco-Care home and renovation loans
OCBC Bank launches Singapore’s first eco-friendly retail loans for residential property purchases and renovation. Eligible home-owners are required to pass the Building and Construction Authority’s ... ( read original story ...)
ByteDance’s India bank accounts blocked for alleged tax evasion
The government has reportedly blocked the bank accounts of Chinese tech unicorn ByteDance, which owns TikTok and Helo apps, for alleged tax evasion. ByteDance has approached the Bombay High Court to ... ( read original story ...)
Asia’s worst stock market last year is now one of the region’s top performers
Singapore's benchmark Straits Times Index has climbed around 12.2% so far this year to become one of Asia's top performers. The STI ended 2020 as the worst performer in Asia after losing 11.8%. Still, ... ( read original story ...)