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Tag: banking

Posted on 08/07/2025

IOI Properties Group a potential two-bagger, says DBS Group Research

DBS analysts figure that there is an upside of 23% to 67% with the Malaysia and REIT spinoffs, compared to IOIPG on an 'as-is' basis, which has a fair value of RM2.43 per share ...

Posted on 08/07/2025

10 Countries that offer ‘Golden Visa’ including Singapore and New Zealand: Know the cost and how to apply

Golden Visa programs are gaining traction, offering a swift route to residency through investment. These initiatives provide individuals and families with security, global opportunities, and an ...

Posted on 08/07/2025

Asian markets open: Nikkei rises 0.31%, Sensex opens 65 points down

Asian stock markets swung between gains and losses at Tuesday's open, as investors worked to assess a fresh wave of tariff threats from U.S. President Donald Trump, targeting 14 US trading partners.

Posted on 08/07/2025

No mega-deals as Singapore M&A market slumps

Deal value fell 7% year on year, whilst volume dropped 27%. Deal activity in Singapore dipped in the first five months as companies prioritised mid-sized strategic transactions worth $1.27b-$6.35b ...

Posted on 08/07/2025

Great Eastern’s shareholders reject delisting proposal, blocking OCBC bid to fully own insurer

Shareholders of Singapore-listed Great Eastern voted against a proposal to delist its stock on Tuesday, blocking Oversea-Chinese Banking Corp's planned S$900 million ($704.6 million) acquisition of ...

Posted on 08/07/2025

Great Eastern Set to Resume Trading After OCBC-Backed Delisting Bid Fails

Shares of Great Eastern are poised to resume trading in Singapore after shareholders rejected a voluntary delisting measure backed by parent Oversea-Chinese Banking Corporation.

Posted on 08/07/2025

UOB raises Vietnam’s GDP growth forecast to 6.9% for 2025

According to a report released by UOB's Global Economics & Market Research Unit released on July 8, Vietnam’s real GDP grew by a robust 7.96% year-on-year in the second quarter of 2025, significantly ...

Posted on 08/07/2025

Former OCBC staff in Singapore allegedly took over S$760,000, paid own credit card bills with stolen funds

SINGAPORE, July 8 — A bank officer who allegedly misappropriated over S$760,000 (RM2.5 million) through unauthorised fund transfers and credit card payments was charged in Singapore today with ...

Posted on 08/07/2025

Great Eastern Holdings update: OCBC, the Wongs and SGX are winners

Great Eastern Holdings set to resume trading following EGM where 36% of shares of shareholders who voted in person or by proxy voted against delisting.

Posted on 08/07/2025

Former bank officer charged with transferring $600k from client’s account

Goi Wee Shien, 43, was handed 16 charges over cheating, money laundering and forgery, among other offences. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 08/07/2025

Stonepeak in talks to invest in Warburg-backed Princeton

The US infrastructure investor may seek to invest more than US$1 billion in Singapore-based Princeton Digital via a structured equity deal.

Posted on 08/07/2025

OCBC Targets S$5 Billion in Serial Entrepreneur Loans by 2028, Broadens Regional Reach

OCBC to increase its financing for serial entrepreneurs to S$5 billion by 2028, expanding a programme first launched in Singapore in 2019.

Posted on 08/07/2025

Stocks to watch: OCBC, SIA, SGX, GuocoLand, China Aviation Oil, Del Monte Pacific

SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Jul 8): Read more at The Business Times.

Posted on 08/07/2025

NTT DC REIT seeks to raise US$773 mil in IPO, GIC to be substantial unit holder

The REIT will have over 1 billion units, and is set to be the largest REIT IPO on the SGX in more than a decade.

Posted on 08/07/2025

Standard Chartered faces $2.7 billion 1MDB lawsuit

The post Standard Chartered faces $2.7 billion 1MDB lawsuit appeared first on Self Employed.

Posted on 08/07/2025

OCBC raises loan fund size to $5b and covers more territories in boost for serial entrepreneurs

It is extending its cash line beyond Singapore to Malaysia, Indonesia and Hong Kong. Read more at straitstimes.com. Read more at straitstimes.com.

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