The co-op insurer must continue providing affordable protection amid its bid to corporatise. . Read more at straitstimes.com. ( read original story ...)
Singapore SPAC Vertex Technology Set for Local Listing on Jan 21 – Source
A Singapore special-purpose acquisition company (SPAC) backed by state investor Temasek's Vertex Venture Holdings has started the book building for its initial public offering (IPO) and is set to list ... ( read original story ...)
HSBC Mulls Raising Stake in China Securities Joint Venture
HSBC Holdings (HSBC) is planning to raise its stake in the securities joint venture - HSBC Qianhai Securities Limited - to 90% as its partner sells the stake. ( read original story ...)
Temasek-backed Vertex files first Spac IPO prospectus, followed by Pegasus
Temasek-backed Vertex Technology Acquisition Corp (VTAC) lodged the first preliminary prospectus for an initial public offering (IPO) with the Monetary Authority of Singapore (MAS) on Thursday (Jan 6) ... ( read original story ...)
HSBC Asset Management adds senior ETF sales executive for Asia
HSBC Asset Management hired SSGA veteran Cheong Mun Fai as a senior ETF, index sales executive for the Asian region. ( read original story ...)
HSBC Asset Management Appoints Senior Vice President, ETF & Indexing Business Development
HSBC Asset Management (HSBC AM) has announced that it has appointed Cheong Mun Fai as Senior Vice President, ETF & Indexing Business Development, effective 1 December, 2021. Based in Singapore, Mun ... ( read original story ...)
OCBC Bank Customers Lost $8.5 Million in Fake SMS Phishing Scams; Police Downplays Hopes of Recovering Stolen Funds
Fraudsters stole at least S$8.5 million from OCBC Bank customers through fake SMS impersonating the bank. OCBC warned of increased phishing scams in December 2021. ( read original story ...)
Revolut Singapore Now Approved by Monetary Authority of Singapore to Offer Gold, Silver Exposure to Clients
Revolut has acquired approval from the Monetary Authority of Singapore to provide clients with gold and silver exposure via the firm's Fintech app. ( read original story ...)
Temasek-backed Vertex Technology is first Spac seeking S’pore IPO
Company reportedly looking to raise $170 million from sale of 34 million units at $5 each. . Read more at straitstimes.com. ( read original story ...)
Nearly 470 people lose at least $8.5m in phishing scams involving OCBC Bank
SINGAPORE - Since the start of December, at least 469 people have fallen prey to phishing scams involving OCBC Bank, with reported losses totalling at least $8.5 million. Most of the amount was lost ... ( read original story ...)
S’pore-licensed crypto firm Sygnum crosses $1 billion valuation with latest fundraising
Digital asset bank Sygnum, licensed in Singapore and Switzerland, has raised $120 million in an oversubscribed Series B funding round led by Hong Kong-listed alternative investment company Sun Hung ... ( read original story ...)
Share Market Live Updates: Sensex tanks over 800 points, Nifty below 17,700; Infosys slips 2%
On Wednesday, the benchmark indices rose for the fourth straight session led by strong gains in banking and financial stocks amid a supportive trend in European equities. ( read original story ...)
Stock Market LIVE Updates: Sensex, Nifty50 likely to open lower today; SGX Nifty drops over 100 points
Indian equity benchmarks are likely to start Thursday's session on a negative note amid weakness across most global markets. At 7:38 am, Singapore Exchange (SGX) Nifty futures -- an early indicator of ... ( read original story ...)
Singapore’s Top Fintech Legal Firms and Lawyers in 2022
Chambers and Partners, an independent research company delivering rankings and insights into providers of legal services, has released its selection of Singapore’s top fintech law firms and individual ... ( read original story ...)
GOL holds its Asia Investor Roundtable at the Singapore Exchange
Brazil's largest domestic airline, will hold its Asia Investor Roundtable tomorrow January 6, 2022, at 11:00 am (SGT/HKT) at the Singapore Exchange (SGX). ( read original story ...)
Revolut Singapore Gets OK to Offer Silver, Gold Trading
British FinTech Revolut has gotten permission from the Monetary Authority of Singapore (MAS) to allow customers to trade gold and silver on its app. ( read original story ...)