David Kuo (DK): Hello, Asia. Greetings, world. This is Investing in Asia — your weekly investing podcast from Motley Fool Asia — broadcasting from the island of Singapore, just one degree north of the ... ( read original story ...)
ARA US Hospitality Trust closes at IPO price
ARA US Hospitality Trust debuted on the Singapore Exchange's mainboard at 87.5 US cents yesterday, just below its initial public offering price (IPO) of 88 US cents. The units closed at 88 US cents on ... ( read original story ...)
HSBC Singapore hires former OCBC executive
HSBC Singapore announced that it has hired a former executive of OCBC to head a newly created role in its global trade and receivables team in Singapore. Tze Tze Lee has joined HSBC as head of product ... ( read original story ...)
Accenture has poached a key AI expert from Standard Chartered
The competition for talent between Standard Chartered and Singapore’s leading consultancy firms just took an unexpected new twist. So far, it’s been all about Stan Chart poaching from the ... ( read original story ...)
Singapore lender OCBC beats estimates with 11% rise in first quarter profit
Singapore's Oversea-Chinese Banking Corp reported an 11% rise in quarterly profit on Friday that beat market estimates. The city-state's second-biggest listed lender's net profit came in at S$1.23 ... ( read original story ...)
Commentary: Game of unicorns – as more seek IPOs, is this tech bubble about to burst?
FILE PHOTO: An investor walks out of the Uber IPO roadshow with documents in hand at a hotel in Manhattan, New York, New York, US, April 30, 2019. (Photo: REUTERS/Jeenah Moon/File Photo) SINGAPORE: ... ( read original story ...)
ARA US Hospitality Trust debuts on SGX mainboard at 87.5 US cents, just below IPO price
made its trading debut on the Singapore Exchange's mainboard board at 87.5 US cents per stapled security, just slightly below its IPO (initial public offering) price of 88 US cents. The opening price ... ( read original story ...)
Onus on trade reps to obtain proper third-party authorisation: OCBC Securities
SINGAPORE (May 9): Woon Kok Yan, head of risk management of OCBC Securities, placed the blame squarely on trade representatives for failing to obtain formal third-party authorisation, when he took the ... ( read original story ...)
Eagle Hospitality drags out Singapore IPO
Eagle Hospitality Trust extended bookbuilding for its Singapore IPO twice because of market jitters following US president Donald Trump’s tweet this week about Chinese trade tariffs, according to a ... ( read original story ...)
Singapore’s DBS Bank wants more out of Patanjali’s offer for Ruchi Soya
Singaporean lender DBS Bank has contested the bankruptcy-resolution plan of Rs 4,350 crore offered by Patanjali Ayurved to buy debt-laden Ruchi Soya Industries Ltd, citing unfair treatment in terms of ... ( read original story ...)
DBS retrains call centre staff for digital future
Singapore's DBS has retrained more than 500 call centre employees for the digital age, creating new roles in areas such as social media, voice biometrics and live chat. Contact centres are ... ( read original story ...)
Singapore banks move to end Southeast Asia’s coal addiction
Singapore's DBS Group Holdings said last month that it would cease financing new coal power projects from 2021 following the completion of existing projects in Indonesia and Vietnam, and will ... ( read original story ...)
Patanjali’s Ruchi Soya plan hits a speed breaker; DBS to move NCLT
DBS Bank-Singapore told the Mumbai National Company Law Tribunal (NCLT) on Tuesday it would move the tribunal against Patanjali Ayurved’s proposed Rs 4,350-crore resolution plan for debt-laden Ruchi ... ( read original story ...)
RComm shares drop after shelving unit’s Singapore IPO
Shares in Reliance Communications dropped more than 3% on Monday after shelving a planned Singapore initial public offering for its undersea cable unit, citing unfavourable market conditions. The ... ( read original story ...)
ARA’s US Hospitality Trust IPO: 7 Things Investors Should Know
This is going to be the first pure-play US upscale select-service hospitality REIT to be listed in Singapore. The public offer opened at 9 p.m. on 2 May 2019 and closes at 12 noon on 7 May 2019. Here ... ( read original story ...)
Eagle Hospitality sweetens Singapore IPO
Eagle Hospitality Trust has cut the floor of the initial price guidance for its Singapore IPO, hiking up the yield for investors while delaying the end of its roadshow, according to a source close to ... ( read original story ...)