Godrej Agrovet IPO subscribed 89% till noon on Day 2

On the first day, the IPO was subscribed 53 per cent ... The anchor investors include the Government of Singapore, First State Indian Subcontinent Fund, JP Morgan, Russell Investment Company, The India Fund Inc — Aberdeen, Goldman Sachs India, SBI ... ( read original story ...)

Godrej Agrovet IPO subscribed 2.37 times on second day

The IPO will close on 6 October ... which at the upper end of the price band will fetch the Singapore state-owned investor about Rs565.8 crore. Temasek invested Rs572 crore in 2012. Post share sale, Temasek will hold 13% in Godrej Agrovet. ( read original story ...)

Deripaska’s EN+ to Raise $1.5 Billion in IPO

The much-anticipated public launch of Mr. Deripaska’s company, which owns power and aluminum assets in Russia, is expected to include a commitment of $500 million from AnAn Group, a Singapore partner of CEFC China Energy Co. EN+ didn’t disclose what ... ( read original story ...)

New Initiatives in the Singapore Patent Landscape

In this regard, the role of Intellectual Property Office of Singapore (IPOS) is evolving to a multi-faceted innovation centric entity, as adeptly summarized by the Chief Executive of IPOS, Mr Daren Tang in a recent commentary: To contribute to this ... ( read original story ...)

Godrej Agrovet IPO subscribed 89% on Day 2

Government of Singapore, among others, at Rs 460 apiece. Godrej Industries owns 60.81 per cent stake in Godrej Agrovet and intends to use the IPO proceeds towards loan repayments and other general purposes. The company is the largest palm oil producer in ... ( read original story ...)

More for China than London in Russian hydro IPO

Ahead of the offering, Singapore’s AnAn, a strategic partner of Chinese conglomerate CEFC China Energy, agreed to purchase global depository receipts during the IPO for $500 million, En+ said in its statement. CEFC said on Sept. 8 it had agreed to buy a ... ( read original story ...)

Russia’s En+ launches IPO in London and Moscow

Ahead of the offering, Singapore’s AnAn Group, a strategic partner of China’s CEFC, agreed to purchase global depository receipts (GDRs) during the IPO for $500 million, En+ said in its statement. En+ plans to use the primary proceeds from the offering ... ( read original story ...)

Singapore Shares May Extend Thursday’s Gains

(RTTNews.com) - The Singapore stock market on Thursday ended the two-day slide in which it had fallen more than 25 points or 0.7 percent. The Straits Times Index now rests just above the 3,260-point plateau and it may add to its winnings on Friday. ( read original story ...)

Singapore and Thailand mull digital payments alliance

The Monetary Authority of Singapore (MAS) and the Bank of Thailand are in discussions about connecting their national digital payment systems as officials step up efforts to curb the use of cash, according to Bloomberg. The link would bring together ... ( read original story ...)

Standard Chartered Probed on $1.4 Billion Client Transfers

Regulators in Europe and Asia are investigating Standard Chartered Plc over the role staff may have played in transferring $1.4 billion of private bank client assets from Guernsey to Singapore before new tax transparency rules were introduced, people with ... ( read original story ...)

Singapore Bourse May Snap Losing Streak

(RTTNews.com) - The Singapore stock market has finished lower in two straight sessions, sliding more than 25 points or 0.7 percent along the way. The Straits Times Index now rests just above the 3,235-point plateau although it may find traction on Thursday. ( read original story ...)