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 ...)
Buy-now-pay-later platform Klarna says IPO hinges on Brexit
Klarna, a Swedish online payment platform, said its decision on whether to IPO in London will hinge on the British government's post-Brexit financial services rules. Why it matters: Klarna is Europe's ... ( read original story ...)
Singapore court fines Indonesian tycoon Kris Wiluan S$480,000 for market rigging
Indonesian tycoon and former chief executive of offshore and marine company KS Energy Kris Taenar Wiluan was fined S$480,000 after pleading guilty on Wednesday (May 19) to three charges of market ... ( read original story ...)
Guide for climate-related disclosures, framework for green trade finance launched
The guide details implementation of climate-related disclosures by financial institutions.. Read more at straitstimes.com. ( read original story ...)
UOB grants green trade finance facilities to Musim Mas, Barramundi Group
More than S$90b of trade flows meet green and sustainable requirements in Singapore. UOB has extended its first green trade finance facilities to Musim Mas Group and Barramundi Group, with the goal of ... ( read original story ...)
UOB Malaysia: Approved investments to rise to RM185b this year
UOB Malaysia projects approved investments in Malaysia to increase by 13% to RM185bil in 2021, of which close to 40% will be from foreign direct investment (FDI). ( read original story ...)
QIA mulls injecting HSBC headquarters into CDL’s planned Singapore Reit: Sources
The potential deal would boost the value of the Reit's portfolio to £1.8 billion from £600 million.. Read more at straitstimes.com. ( read original story ...)
Monde Nissin Prices IPO at Php13.50 Per Share and Secures Overwhelming Commitments From Premier Cornerstone Investors
Monde Nissin Corporation ("Monde Nissin" or the "Company") has priced its proposed initial public offering ("IPO") at Php13.50 per share. The IPO consists of 3,600,000,000 Common Shares (the "Offer"), ... ( read original story ...)
Deutsche Bank Securities Services in Singapore and Hashstacs Finalize PoC on DLT for Sustainability related Digital Bonds
Deutsche Bank Securities Services in Singapore and Hashstacs finalize PoC on DLT for sustainability related digital bonds. ( read original story ...)
Singapore to extend interval of COVID-19 vaccine doses to between 6 and 8 weeks
The move will ensure the maximum number of people get protection from the disease, said Health Minister Ong Ye Kung. ( read original story ...)
Bank Infections in Singapore; Jab Maker Sees Delay: Virus Update
Giant vaccine maker Serum Institute of India Ltd., which was meant to provide many poorer nations with Covid-19 shots, said exports are unlikely to resume until year-end as it struggles to supply its ... ( read original story ...)
Singapore’s Sea Doubles Revenue as Tech Battle Intensifies
Sea Ltd., Southeast Asia’s most valuable company, more than doubled revenue in the first quarter, though losses swelled as it spent to ward off competition in the regional e-commerce and online ... ( read original story ...)
NODX grows by 6.0%, but misses expecations: OCBC
The market expected exports to grow by 11.0% in April, while OCBC expected 9.6% growth. Both were wrong. Non-oil domestic exports (NODX) grew for the fifth straight month in April, at 6.0%, latest ... ( read original story ...)
Singapore ramps up vaccination drive to give all adults one Covid-19 shot by early August
The city state is ramping up its vaccination campaign amid a worrying spike in cases. To free up limited supplies and inoculate more people, the interval between doses will be extended to between six ... ( read original story ...)
DBS banker, MHA employee and two-year-old boy among 27 new Covid-19 community cases in S’pore
SINGAPORE - An investment banker at DBS and a two-year-old boy at My First Skool in Westgate were among 27 community cases reported on Tuesday (May 18). Also infected were a woman who works at the ... ( read original story ...)
MHA staff, 95-year-old retiree & DBS investment banker among unlinked community cases reported on May 18
There were no new cases from the dormitories reported today. Of the 27 community cases reported, 16 are linked to previous cases while 11 are currently unlinked. Amongst the total ... ( read original story ...)