The ₹1,335-crore RateGain Travel Technologies issue closes today for public subscription. The issue so far was subscribed 0.75 time at the end of day two. The minimum order quantity is 35 shares. The ... ( read original story ...)
3 ex-bank employees among 9 men charged with cheating Citibank in S$206,000 personal loan fraud
SINGAPORE: Nine men, including three former bank employees, were charged in court on Thursday (Dec 9) with conspiring to cheat Citibank into disbursing more than S$206,000 in fraudulent personal loans ... ( read original story ...)
ADB, DBS Sign Agreement for SME Supply Chain Support
The Asian Development Bank (ADB) and DBS Bank of Singapore have signed an agreement to help small and medium-sized enterprises (SMEs). ( read original story ...)
PE firm TPG Capital said to mull stake sale in IPO-bound Pathology Asia
Private equity firm TPG Capital Asia is considering selling a 20% stake in Pathology Asia Holdings, its pathology business in the region. ( read original story ...)
VinFast aims for US IPO in 2H22
Vingroup JSC's automobile unit, VinFast is paving its way to be listed on the US initial public offering (IPO) in the second half of 2022. Vingroup is expected to raise US$3 billion for VinFast, ... ( read original story ...)
Young guns cap dominant season with Singapore sweep
China's new generation of paddlers capped their season of dominance by bagging both gold medals at the World Table Tennis (WTT) Cup Finals in Singapore this week－but not before fighting off some gutsy ... ( read original story ...)
Tencent leads $95m round in Singapore-based digibank firm
SINGAPORE (BLOOMBERG) - Tyme ... into financial services in Asia and challenging existing brick-and-mortar banks such as HSBC Holdings and DBS Group Holdings. Part of its strategy is to partner with ... ( read original story ...)
Gautam Mukharya, CRO for HSBC Singapore, Joins SPIN Analytics’ Global Advisory Board
SPIN Analytics, a modern FinTech provider that brings a new paradigm for credit risk modelling, announces today that Gautam Mukharya, CRO for HSBC Singapore joins the Company’s Global Advisory Board. ( read original story ...)
How the supply-chain crisis is changing banking
Global supply-chain bottlenecks have profound implications for how and where companies will fund their operations in the future. As the lines of ships lengthen outside ports, there’s a macroeconomic ... ( read original story ...)
Hotel dining deals 2021
Take advantage of these 2021 festive hotel dining deals for DBS/POSB Cardmembers to eat, drink and be merry without breaking the bank. ( read original story ...)
Behind ex-Ovo CEO’s new blockchain venture
In this week’s big story, Mike looks at Partior, which is headed by former Ovo CEO Jason Thompson and is a joint venture by financial industry heavyweights DBS and J.P. Morgan, as well as Singapore’s ... ( read original story ...)
DBS, OCBC and UOB: Are Singapore bank stocks cheap?
Oversea-Chinese Banking Corporation Limited (SGX: O39) and United Overseas Bank Ltd (SGX: U11) — have garnered plenty of interest among investors.Since December 2020, ... ( read original story ...)
TPG Weighing Pathology Asia Stake Sale Ahead of IPO
Private equity firm TPG Capital Asia is exploring selling a stake in its pathology business in the region ahead of a potential initial public offering for the unit, according to people with knowledge ... ( read original story ...)
Behind the crypto project backed by Temasek, JP Morgan, DBS
Helmed by Ovo’s former CEO, Partior has the potential to upend global payment processing by making the process faster, cheaper, and more transparent. ( read original story ...)
RateGain IPO: Subscribed 41% On Day 1 Backed By Robust Retail Demand
The offer opened at the price band of INR 405 – INR 425, will continue till December 9. The offer includes a fresh issue of shares worth INR 375 Cr and an offer for sale (OFS) of up to 2,26,05,530 ... ( read original story ...)
Rategain Travel Technologies IPO: Everything you need to know
The Rs 1,335.73 crore initial public offering (IPO) of Rategain Travel Technologies is available from December 7-9, 2021. It has a price band of Rs 405-425 per share. ( read original story ...)