The team at DBS notes that the deal price of GBP40.6 million translates to a price per bed of GBP92,000, below both the asset’s last valuation by about 5.4% and replacement cost of around 18%.
Singapore’s TalkMed Group gets privatisation offer for $447 million valuation
Singapore's TalkMed Group has received a privatisation offer from TW Troy valuing it at S$606.1 million ($447.24 million), the oncology service provider said on Monday. The offer comes as Southeast As ...
4,000 junior OCBC staff to receive $1,000 one-time payouts for cost-of-living pressures
A total of about 4,000 junior employees across OCBC Group in Singapore will be receiving a S$1,000 payout each to help them cope with cost-of-living concerns Read more at straitstimes.com.
OCBC Junior Staff to Receive S$7.5 Million Cost-of-Living Payout
Oversea-Chinese Banking Corp Ltd. will give a one-off payment to junior employees globally for the second year in a row to alleviate ongoing cost-of-living pressures.
OCBC Gives S$7.5 Million in Financial Aid to Junior Employees for Second Year
OCBC announced a second round of financial aid to its junior employees worldwide, totaling approximately S$7.5 million.
XTransfer, OCBC Team Up to Provide Enhanced Financial Services for SMEs
XTransfer and OCBC Bank have announced a partnership to provide SMEs with enhanced financial services for international trade.
DBS sees OUE REIT’s divestment of Shanghai property a positive move
According to OUE REIT on Dec 20, it plans to divest its 91.2% stake in Lippo Plaza Shanghai for RMB 1.92 billion ($357 million) and at an agreed property value of RMB 1.68 billion.
Johor-Singapore SEZ poised to fuel next-level growth for Malaysia and Singapore: Standard Chartered Malaysia CEO
KUALA LUMPUR] As Malaysia gears up to assume the chairmanship of Asean in 2025, the launch of the Johor-Singapore Special Economic Zone (JS-SEZ) stands to underscore the region’s commitment to ...
IPO Report Card: How Much Would You Have Made If You Invested $1,000 In Every IPO/IOP On The SGX In 2024
Investing in IPO may be an exciting way to generate returns but investors should also do their own research to ensure they invest correctly ...
Life Power List 2024: UOB cements position as most influential patron in Singapore art scene
Besides its UOB Painting of the Year contest, it has invested in arts education and supported its competition winners. Read more at straitstimes.com.
Sias to take its Invest Singapore programme to the heartlands
The Securities Investors Association (Singapore), or Sias, will step up efforts to boost retail participation in local stocks in 2025 and build on what has been a bumper year for investors. Read more ...
Earn up to 3.15% interest with the best fixed deposit rates in Singapore this Dec 2024!
SINGAPORE: Make the most of 2024 as the year draws to a close and set yourself up for a stronger start in the new year! Earn up to 3.15% interest with these banks offering competitive rates this ...
Singapore-based FII invests ₹40 crore through private placement in this IPO-bound company
Singapore-based FII, Amansa Investment invests ₹40 crore through private placement in IPO-bound company Standard Glass Lining Technology through private placement.
Singapore’s bolttech valued at $2.1bn in series C funding round
The fresh capital will support bolttech’s global growth strategy, helping to enhance its platform’s capabilities.
OCBC’s research head ‘may revise upwards’ banks’ 2025 profit forecasts with fewer Fed cuts expected
Carmen Lee, head of OCBC Investment Research, expects banking analysts to start revising upwards their full-year earnings forecasts for Singapore’s three banks in January after the holiday season.
Sias to bring its ‘Invest Singapore’ programme to the heartland
The initiative involves bringing its “Invest Singapore” programme to the heartland to encourage more folks to look at the market here, while helping them embark on their investment journey.