Singapore Airlines Ltd (SIA), flush with $16 billion raised since the start of the pandemic thanks to help from a state investor, is in a position of dominance among its Southeast Asian rivals as they ... ( read original story ...)
Bukalapak’s $1.1 billion IPO, Indonesia’s biggest in a decade, covered on launch day – sources
SINGAPORE/JAKARTA (Reuters) -Indonesia’s biggest IPO in more than a decade, the billion dollar offering from e-commerce firm Bukalapak, received enough investor orders to cover the sale on its launch ... ( read original story ...)
IPO-Bound Ola Raises $500Mn From Temasek, Warburg Pincus
Singapore government's investment fund Temasek ... founder Bhavish Aggarwal for a $500 Mn investment ahead of Ola’s IPO. This is amongst the largest investments in the Indian consumer internet ... ( read original story ...)
Singapore trader Ng Yu Zhi raised alarm bells months before arrest for investment fraud
Ng Yu Zhi continued accepting money from wealthy Singaporeans until his arrest in February, enticing them with purported investment gains that averaged 15 per cent a quarter. ( read original story ...)
SGX Nifty down 10 points; here’s what changed for market while you were sleeping
Asian share markets opened mostly lower on Friday, tracking an overnight fall in US stocks amid fears that rising Covid cases globally may hurt global growth. MSCI's broadest index of Asia-Pacific ... ( read original story ...)
Stock Market Today: SGX Nifty edges 10 pts lower; Asian markets drop tracking overnight fall in US stocks
Nifty futures on the Singapore Exchange traded 13 points, or 0.08 per cent, lower at 15,696.50, signaling that Dalal Street was headed for a muted start on Friday. Nifty50 on Thursday faced selling ... ( read original story ...)
Grab CEO’s Wife Buys $30 Million Singapore Property Ahead of IPO
(Bloomberg) --The wife of Grab Holdings Chief Executive Officer Anthony Tan paid S$40 million ($29.6 million) for a mansion in Singapore, adding to the strong demand for posh homes as a safe haven ... ( read original story ...)
Indonesia’s Bukalapak kicks off US$1.1 billion IPO, biggest in more than a decade
SINGAPORE: Indonesia's Bukalapak launched an up to US$1.13 billion initial public offering ahead of next month's listing, marking the country's ... ( read original story ...)
Circle IPO Comes On Heels Of $25B Of USDC In Circulation, 6,100 Pct CAGR
Circle, the FinTech behind the USD Coin, the stablecoin backed one-to-one by the dollar, said on July 8th that it would go public via SPAC. ( read original story ...)
Singapore sentences Canadian man to 5 years behind bars for 2016 bank robbery
David James Roach fled Singapore on the same day as the robbery, but was later detained in Britain and extradited back to Singapore in March 2020. ( read original story ...)
DBS to retrofit Newton office building into net-zero energy building by 2022
SINGAPORE - An existing four-storey office building owned by local bank DBS will be transformed into a net-zero energy building, by installing rooftop solar panels and making use of natural ... ( read original story ...)
S’pore-based spac Fat Projects Acquisition files for $135m US IPO
Singapore-based Fat Projects Acquisition Corp, a special purpose acquisition company (Spac), has filed to go public via Nasdaq in a US$100 million (S$135 million) initial public offering (IPO), the ... ( read original story ...)
GIC-backed Bukalapak said to hike IPO target to over $1.35b on strong demand
Indonesian e-commerce firm Bukalapak aims to raise more than US$1 billion (S$1.35 billion) in its initial public offering (IPO), 25 per cent more than previously planned, on indications of strong ... ( read original story ...)
After Zomato, India’s Nykaa, Policybazaar, and Paytm expedite IPO plans
Nykaa is likely to file its draft prospectus on 17 July, while Policybazaar may file its IPO papers around 20 July. ( read original story ...)
Post IPO, Zomato could become India’s 78th most valuable firm by market capitalisation
At ₹76 per share, the upper end of the price band, Zomato will have a post-money valuation of ₹59,623 crore ($8 billion) ... ( read original story ...)
PrimeXM Deploys a New Data Center in Singapore
FX trading industry technology provider, PrimeXM has announced on Thursday that it had launched a new data center in Singapore. ( read original story ...)