The IPO consists of a pure offer for sale of 1.61 million shares by CMDB II, which currently holds 11.93% stake in the company. ( read original story ...)
CG Power seeks shareholders nod for preferential allotment of shares to Standard Chartered Bank
The allotment of shares is for settlement of liability of the company under the guarantee issued by it pursuant to the terms under the Guarantee Settlement Agreement to Standard Chartered Bank ... ( read original story ...)
DBS Bank Singapore Launches Asia’s First Direct Crypto Offering To Clients
Asia’s largest bank has moved to offer its wealthiest clients direct access to cryptocurrencies. What Happened: ... ( read original story ...)
KFC, Pizza Hut and Costa Coffee operator Devyani International joins QSR listing wave, files for Rs 1,400 crore IPO
If plans fructify, this would be the third QSR IPO in recent times post-Burger King and Barbecue Nation. Devyani International is an arm of diversified conglomerate RJ Corp, the largest bottler for ... ( read original story ...)
What will Dr Goh Keng Swee think of the state of socio-economic affairs in Singapore today?
The Online Citizen Asia What will Dr Goh Keng Swee think of the state of socio-economic affairs in Singapore today? Opinion ... ( read original story ...)
DBS Private Bank Launches Asia’s First Bank-Backed Crypto Trust
DBS Private Bank launched a bank-backed crypto trust offering; This is the first bank-backed crypto trust launched in Asia; The service will handle Bitcoin, Ether, Bitcoin Cash, a ... ( read original story ...)
New Finance Minister Lawrence Wong may face hard decisions on taxes, more Budget measures for Covid-19 relief
The planned GST hike from 7 per cent to 9 per cent will take place between next year and 2025.. Read more at straitstimes.com. ( read original story ...)
Limited resources, endless opportunities for S’pore: DPM Heng bids farewell to Finance Ministry
SINGAPORE - Singapore's resources may be limited, but its opportunities are endless - this is the gist of a message engraved in a black leather briefcase that Deputy Prime Minister Heng Swee Keat has ... ( read original story ...)
CG Power seeks shareholders nod for preferential allotment of shares to SCB
Earlier this week on Tuesday, the board of directors of the company had approved the proposal for the issuance and allotment of 1,38,45,000 shares of the company of face value of Rs 2 each on a ... ( read original story ...)
SoftBank and Temasek buy into JD Logistics IPO
JD Logistics plans to open its Hong Kong initial public offering for general orders as early as Monday, seeking to raise as much as $3.5 billion. SoftBank Vision Fund has agreed to buy $600 million of ... ( read original story ...)
Fitch Affirms OCBC Wing Hang Bank at ‘AA-‘; Outlook Stable
Fitch Ratings has affirmed OCBC Wing Hang Bank Limited's (WHB) Long-Term Issuer Default Ratings (IDR) at 'AA-'. The ... ( read original story ...)
Wadia Group Go Air files for Rs 3600-crore IPO
Wadia Group Go Air, which has been as rebranded Go First, will be the third currently operational Indian airline to go public. The low-cost carrier has filed for an IPO to raise Rs 3,600 crore. IndiGo ... ( read original story ...)
Singapore’s biggest bank launches crypto trust solution
After setting up its own crypto exchange in December 2020, the Singaporean banking giant is now expanding its crypto services via its wholly-owned trust company DBS Trustee, The Business Times reports ... ( read original story ...)
Singapore and Rotterdam successfully complete trial with electronic bill of lading
Singapore and the Netherlands have collaborated since 2019 to explore electronic bills of lading (eBL) on the Europe-Far East trade lane where Singapore and Rotterdam are two major transhipment ports. ( read original story ...)
Postcard from Abroad: Tony Grundy, Mori Hamada & Matsumoto (Singapore) LLP
We return to Singapore as Tony Grundy, counsel, explores what it’s like to work there I took articles with Linklaters & Paines in London in 1978. Shortly after making partner in 1986, I moved to Tokyo ... ( read original story ...)
INTERVIEW: Miss Universe Singapore 2020 Bernadette Belle Wu Ong
We recently spoke to Bernadette Belle Wu Ong, the 2020 Miss Universe Singapore titleholder, as she prepares for the 69th Miss Universe competition. The competition, which takes place on 16 May 2021, ... ( read original story ...)