Latin American gym chain SmartFit has filed for an initial public offering (IPO) to raise funds for its expansion, a Brazilian securities filing showed. SAO PAULO, May 20 (Reuters) - Latin American ... ( read original story ...)
Coronavirus: OCBC Arena, OCBC Aquatic Centre closed to public from May 21
This is to facilitate the safe and uninterrupted training of Singapore athletes, said Sports Hub.. Read more at straitstimes.com. ( read original story ...)
Singapore aims for green finance leadership with new initiatives
Singapore has set up a new task force to give a fresh push to its green financing ambitions, rolling out initiatives and putting more focus on climate-related disclosures from financial institutions. ( read original story ...)
DBS and StanChart lead Singapore-based carbon exchange
The two banks plus Singapore’s stock exchange and sovereign wealth vehicle believe they have the collective strength and skills to build Climate Impact X, based initially on southeast Asian forestry ... ( read original story ...)
Singapore is a ‘key favorite market’ for UBS, gold its least preferred commodity
Adrian Zuercher from UBS Global Wealth Management lays out his sector picks in Singapore, and why he's not a big fan of gold right now. ( read original story ...)
UPDATE 1-Singapore Airlines cuts cash burn to as little as $75 mln a month -CFO
Singapore Airlines Ltd has reduced its cash burn to about S$100 million ($75 million) to S$150 million a month, from as much as S$350 million last year, as it weathers a plunge in travel demand, its ... ( read original story ...)
UOB prints its longest tenor euro covered bond
Singapore lender United Overseas Bank (UOB) on May 18 priced a 750 million euro (US$914.60 million) covered bond, representing the first covered bond transaction out of Singapore in 2021.The ... ( read original story ...)
DBS can fund S$2.7b bid for Citi India unit, says Bernstein
DBS Group Holdings has sufficient capital to bid for Citigroup's consumer assets in India valued at S$2.7 billion without needing to raise additional funds, Sanford C Bernstein & Co analysts said.. ( read original story ...)
DBS can fund $2 billion for Citi India’s assets, Bernstein analysts say
DBS CEO Piyush Gupta had said that he is interested in the U.S. bank's assets that are for sale in India, as well as in China, Taiwan and Indonesia. ( read original story ...)
ByteDance Founder Steps Down as CEO Ahead of Mega IPO
ByteDance Ltd. founder Zhang Yiming will cede the reins of TikTok’s owner to an old college roommate and lieutenant, stepping back from running the world’s most valuable startup ahead of its highly ... ( read original story ...)
Monde Nissin sets final IPO price at P13.50/share
Food maker Monde Nissin Corp., the company behind Lucky Me! noodles brand, has set the final price for its initial public offering (IPO) at P13.50 per share. ( read original story ...)
Singapore Airlines cuts cash burn to as little as $75 mln a month -CFO
Singapore Airlines Ltd SIAL.SI has reduced its cash burn to about S$100 million ($75 million) to S$150 million a month, from as much as S$350 million last year, as it weathers a plunge in travel ... ( read original story ...)
UOB rolls out green trade finance facilities
UOB has extended green trade finance facilities to two clients to help them build on their sustainability initiatives and strengthen their supply chain resilience. The clients are Musim Mas Group, a ... ( read original story ...)
Singapore Shares Predicted To Open Under Pressure
The Singapore stock market on Wednesday snapped the two-day winning streak in which it had jumped almost 90 points or 3 percent. The Straits Times Index now rests just above the 3,100-point plateau ... ( read original story ...)
Monde Nissin secures cornerstone investors for IPO
MONDE Nissin Corp. has secured “overwhelming commitments” from cornerstone investors for its P55.9-billion initial public offering (IPO), it said on Wednesday on what it called a “strong vote of ... ( read original story ...)
Monde Nissin IPO reset to June 1, attracts 11 cornerstone investors
Monde Nissin Corp. has secured 11 cornerstone investors for its $1.15 billion (P55.9 billion) initial public offering now set on June 1, earlier than the previously announced listing date of June 7. ( read original story ...)