finance – Page 1182 – SingaporeBiZZ

21/04/2021

P72.45-B Monde Nissin IPO gets SEC nod

The Securities and Exchange Commission (SEC) has cleared the P72.45-billion initial public offering (IPO) planned by food manufacturing giant Monde Nissin Corp., paving the way for what could be the ... ( read original story ...)

21/04/2021

Indonesian gold miner Archi postpones $500 million IPO

The gold miner, a unit of Indonesian conglomerate Rajawali Group, made the decision after gauging demand for the Jakarta IPO last month ... ( read original story ...)

21/04/2021

GLOBAL: Standard Chartered signs up to the Poseidon Principles

Bunkerspot provides news, in-depth analysis, expert comment and price indications for the global marine fuels industry ... ( read original story ...)

21/04/2021

DBS, StanChart Weigh Bids As Citi Retreats From Asia Consumer Business: Report

The businesses Citi is exiting had $82 billion in assets and were allocated $7 billion in tangible common equity last year. ( read original story ...)

20/04/2021

Singapore’s DBS to buy 13% stake in Chinese bank SZRCB for US$814 million

SINGAPORE: DBS Group has agreed to buy a 13 per cent stake in privately-owned Shenzhen Rural Commercial Bank Corp (SZRCB) for 5.29 billion yuan ... ( read original story ...)

20/04/2021

Singapore’s DBS to buy stake in bank in China’s tech hub

Singapore's biggest bank will buy a 13% stake in Shenzhen Rural Commercial Bank Corp for S$1.1 billion, joining global competitors pushing into China as the country opens its financial market. DUBAI ... ( read original story ...)

20/04/2021

Singapore’s DBS Bank to acquire 13 pct stake in Shenzhen Rural Commercial Bank

Singapore-headquartered DBS Group Holdings Ltd (DBS Group) announced on Tuesday that its wholly-owned subsidiary, DBS Bank Ltd (DBS Bank), has entered into an agreement to subscribe for a 13 percent ... ( read original story ...)

20/04/2021

Singapore’s DBS Bank buys 13% in Shenzhen Rural Commercial Bank for $814m

DBS, which will become the bank's largest shareholder, claims the investment will accelerate its expansion in the Greater Bay Area. ( read original story ...)

20/04/2021

DBS buys 13 per cent stake in Shenzhen Rural Commercial Bank for US$814 million as it ‘doubles down’ on bay area

Investment in Shenzhen Rural Commercial Bank positions Singapore’s biggest bank to increase its presence in the Greater Bay Area. ( read original story ...)

20/04/2021

Exclusive-DBS, StanChart weigh bids as Citi retreats From Asia Consumer Business

Banks including DBS Group, Mitsubishi UFJ Financial Group (MUFG), OCBC and Standard Chartered are set to bid for parts of Citigroup's consumer business in Asia, people with direct knowledge of the ... ( read original story ...)

20/04/2021

UPDATE 1-Singapore’s DBS to buy 13% stake in Chinese bank SZRCB for $814 mln

DBS Group has agreed to buy a 13% stake in privately-owned Shenzhen Rural Commercial Bank Corp (SZRCB) for 5.29 billion yuan ($814.3 million), marking the Southeast Asian lender's biggest acquisition ... ( read original story ...)

20/04/2021

Singapore’s DBS to buy 13% stake in privately-held Chinese lender for $814 million

Southeast Asia's largest bank DBS Group said on Tuesday it plans to buy a 13% stake in privately-held commercial lender Shenzhen Rural Commercial Bank Corp (SZRCB) for 5.29 billion yuan ($814.26 ... ( read original story ...)

20/04/2021

Lucky Me! maker Monde Nissin’s IPO gets SEC clearance

Food maker Monde Nissin Corporation, the owner of Lucky Me! brands, has secured the thumbs-up of the Securities and Exchange Commission (SEC) to proceed with its plan to raise more than P60 billion in ... ( read original story ...)

20/04/2021