(Reuters) - Singapore-based online gaming and e-commerce firm Sea Ltd has raised about $884 million in its U.S IPO after pricing the offering above expectations, the company said on Friday. Supported by strong demand, the shares were sold at $15 each, more ... ( read original story ...)
Southeast Asia’s Sea, formerly Garena, to raise upwards of $884M in US IPO
Sea, the Singapore-based digital entertainment firm formerly known ... Sea originally planned to raise $1 billion but it later lowered that figure. However, the IPO could pass the $1 billion mark if the firm’s underwriters purchase their full allotment ... ( read original story ...)
Comparing Wealth Management Banks in Singapore
Singapore enjoys a well-deserved reputation as a hub for financial ... insights and research knowledge from Citi’s global research and advisory team.Access to Citibank’s online investment platforms such as eFX, Online Unit Trusts, and Citibank ... ( read original story ...)
Singapore online gaming firm Sea raises about $890 million in U.S. IPO: IFR
SINGAPORE (Reuters) - Singapore-based online gaming and e-commerce firm Sea Ltd has raised about $890 million in its U.S IPO after pricing the offering above expectations, Thomson Reuters publication IFR reported, citing two people with knowledge of the ... ( read original story ...)
Singapore’s Sea poised to raise US$850m in IPO
SINGAPORE: Singapore’s Sea Ltd. plans to price shares at $15 in its initial public offering and raise more than $850 million, according to people familiar with the matter. The total amount may be more than $1 billion if an option to sell additional ... ( read original story ...)
Magic Leap Confirms $500 Million Finance Round led by Temasek
Mixed reality hardware startup, Magic Leap has confirmed that it has raised $502 million in a funding round led by Singapore’s sovereign wealth fund Temasek. The firm previously raised more than $1.3 billion from investors including Google, Alibaba and ... ( read original story ...)
CubeLogic Accelerates Growth with Opening of New Office in Singapore
The new Singapore office will service the needs of existing APAC ... and Lee Campbell, CEO.” Here at Fintech Finance, we work with renowned executives in the industry to provide key decision-makers globally within leading financial services organizations ... ( read original story ...)
Will Hong Kong spark a race to the bottom in IPO rules?
Some big Hong Kong listings are expected to be pushed into 2018, but the pipeline remains strong. Hoping to increase its share of IPOs, the Singapore Exchange launched discussions last year over a more relaxed approach to dual-share listings. If the plan ... ( read original story ...)
Standard Chartered has just made another big hire in Asia
Standard Chartered has hired another senior banker into its expanding non-resident Indian (NRI) team in Singapore. Mo Choudhury has left EFG after just 10 months to join Standard Chartered as Standard Chartered has hired another senior banker into its ... ( read original story ...)
Standard Chartered gets personalised for investment ideas in Asia
It is now live in Singapore and the bank says it plans to introduce it in other Asian markets. No details or timelines about such intentions yet. Karen Fawcett, CEO of retail banking and group head of brand and marketing, Standard Chartered, says ... ( read original story ...)
Singapore Stock Market Has Positive Lead
The Singapore stock market has finished higher in consecutive trading days, collecting almost 40 points or 1.2 percent along the way. The Straits Times Index now rests just beneath the 3,320-point plateau and it's looking at another green light on Monday. ( read original story ...)
Singapore Airlines to offer DBS/POSB Cardmembers with irresistible fares to New Zealand from S$600 all-in return!
Calling all existing DBS/POSB card members! If you think New Zealand is way out of your budget, here’s one reason to rejoice! In partnership with DBS/POSB Cards and Singapore Airlines, tickets to Wellington from Singapore is now only going for $600 all ... ( read original story ...)
U.S. exchanges set for highest number of Asian IPOs since 2010
HONG KONG (Reuters) - U.S. exchanges are set to record their busiest year for IPOs from Asian firms since 2010 and may sustain the pace in 2018, as startups from Taiwan, Singapore, Indonesia and Vietnam join a flurry of Chinese firms that have already ... ( read original story ...)
Vincom set to raise up to $680m in record Vietnam IPO
The price range would mean that Warburg Pincus’s 4.8tn dong ($211m) investment will more than double in value after the IPO, with the group expected to reduce its ownership from 15.2 per cent to 4.89 per cent. Credit Suisse’s Singapore branch is set to ... ( read original story ...)
U.S. IPO Week Ahead: 6 IPOs Set To Price Including The 2 Largest Deals Of 2H’17
Six IPOs are set to price next week, expecting to raise a combined $1.8 billion. Three Asian deals lead the way, notably, Chinese small loans provider Qudian (Pending:QD) plans to raise $769 million, and Singapore-based online gaming and shopping platform ... ( read original story ...)
Mutual funds stock up on IPOs, large caps
Thanks to the advantage of capturing an early growth through IPOs, fund managers are making sure of their ... is likely to benefit from rebound in the Singapore refining margins—a benchmark regional refining margin—in the September quarter and stable ... ( read original story ...)