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Tag: finance

Posted on 18/06/2025

Overseas investors pile into ‘safe haven’ GemLife’s $750m IPO

The land lease operator’s initial share sale taps the need for affordable housing for downsizers and the demand of investors to buy into Australian housing.

Posted on 18/06/2025

Enigmatig IPO Prices at $5 a Share, to Begin Trading June 18

International consultancy firm Enigmatig said its initial public offering of about 2.8 million Class A ordinary shares priced at $5 a share, the high end of its anticipated range. The company's shares ...

Posted on 18/06/2025

Springview wins major contract for heritage redevelopment in Singapore, stock climbs

Tuesday  said that its indirect wholly owned Singapore operating subsidiary, Springview Enterprises Pte., won a major contract worth S$1.725 million. The contract is for the redevelopment of two units ...

Posted on 17/06/2025

These projects contributed to Singapore’s new residential stock growth

The Core Central Region accounted for over half of the new completions. In a recent report, Savills noted that following a substantial level of completions in the previous two quarters in Singapore, ...

Posted on 17/06/2025

Australian resort operator GemLife IPO to raise up to A$750 million, says Thakral

SINGAPORE] An associate of property investor Thakral Corporation has launched an initial public offering (IPO) to raise up to A$750 million (S$628.2 million) at an implied post-money valuation of A$1.

Posted on 17/06/2025

AUD 750mn GemLife IPO Launched by Thakral Corp

Thakral Corp announces AUD 750 million IPO for GemLife Communities Group in Australia, projected as the largest IPO in 2025. GemLife offers over-50s lifestyle resorts.

Posted on 17/06/2025

Stanchart Singapore Marathon 2025 to flag off at F1 Pit Building, end at Padang

The 2025 race has already attracted 7,000 international runners - a total of 60,000 participants are expected. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 17/06/2025

Indonesia Pushes for Stronger Economic Cooperation with Singapore

Jakarta. Indonesia recently called for stronger cooperation with its close neighbor Singapore particularly in sectors such as investment and tourism.

Posted on 17/06/2025

‘Attractive valuations:’ DBS says it’s time to buy these industrial S-Reits on easing trade tensions

SINGAPORE] The tide could soon turn for underperforming industrial Singapore-listed real estate investment trusts (S-Reits) as the sector looks set for a comeback, with attractive opportunities for re ...

Posted on 17/06/2025

Johor-Singapore Special Economic Zone borders on success

Singapore and Malaysia — are now embarking on the Johor-Singapore Special Economic Zone. While teething issues are to be expected, the ambitious initiative could help redefine regional growth by ...

Posted on 17/06/2025

Singapore travel rewards platform HeyMax eyes expansion to Japan and other popular destinations

Users can earn miles from their credit card spending to redeem flights and hotel points.  Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 17/06/2025

Singapore’s Trident Digital Targets Mammoth $500M Raise to Establish XRP Treasury

Singapore-based Trident Digital (TDTH) is looking to raise up to $500 million to build what it says will be one of the world’s first corporate treasuries centered around XRP. The listed tech firm, ...

Posted on 17/06/2025

Singapore’s Temasek, Kuwait wealth fund join AI infrastructure investment group

Singapore state investment firm Temasek Holdings and Kuwait Investment Authority (KIA) have joined the AI Infrastructure Partnership (AIP) consortium to invest in artificial intelligence ...

Posted on 17/06/2025

Singapore Money Laundering Scandal: 6 Single-Family Offices Linked to Major Money Laundering Case

Singapore, renowned for its robust financial sector and stringent regulatory framework, has been thrust into its largest-ever money laundering scandal, involving six single-family offices (SFOs) and a ...

Posted on 16/06/2025

OCBC extends RM351mil financing for Johor property projects in JS-SEZ

Bhd has extended RM351mil in financing to See Hong Chen Group and Exsim to support three strategic real estate developments in the Johor-Singapore Special Economic Zone (JS-SEZ).

Posted on 16/06/2025

Indonesian govt seeks larger investment from Singapore

Coordinating Minister for Economic Affairs Airlangga Hartarto has urged Singapore to increase its investment in Indonesia to US$30 billion to US$40 billion as ...

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