The ₹27,870 crore Hyundai Motor India IPO, India's largest in history, will open for subscription on Tuesday, October 15 and will close on Thursday, October 17.
Hyundai’s Historic IPO: Driving into a New Chapter
Hyundai Motor India Ltd is set to make a historic IPO debut, raising Rs 8,315 crore from anchor investors ahead of its public offering. The IPO, the largest in India, is an offer-for-sale by Hyundai ...
Singapore to nominate Rena Lee for election as judge of the International Court of Justice
This is the first time a Singaporean has been nominated for election as an International Court of Justice judge.
Hyundai IPO: Carmaker garners ₹8,315 crore from anchor investors ahead of public issue
The Indian subsidiary of South Korean automaker Hyundai Motor Company (HMC) allocated 42.4 million shares to 225 funds at ₹1,960 per share, the upper limit of its price range.
U.S. IPO Weekly Recap: Standard Aero Soars In 7-IPO Week, While Big Tech Names Join Pipeline
Seven IPOs debuted in the US this past week, raising a combined $1.8 billion. Six companies submitted initial filings this past week, most notably Ingram Micro and Cerebras Systems. As many as six ...
Shipbroker Vantage Files for IPO
Vantage, a Singapore-based shipbroking services company, filed for an initial public offering with the Securities and Exchange Commission. Vantage, which was founded in 2012, said it has three ...
GDS acquires Singapore warehouse, plans data center redevelopment
In its own announcement, GDS said the purchase follows the company being awarded new data center capacity by Singapore’s Infocomm Media Development Authority (IMDA) and Economic Development Board (EDB ...
Former HSBC executive Gordon French buys $100,000 chunk of Taylor Maritime Investments
New Taylor Maritime Investments (TMI) director Gordon French has taken a stake in the company. The London-listed handysize specialist said the independent board member bought 100,000 shares at $1.015 ...
Maid’s employer wants to marry her, but his son disapproves, asks how he can “safeguard dad’s wealth; will, CPF, bank savings and property”
"My father (60) is about to marry my helper. I am afraid if he gets scammed, I will have to clean up the mess afterwards," the son shared his concerns, asking for advice ...
Singapore draws S$5.4 billion in H1 investment commitments, on track for full-year target: Gan Kim Yong
SINGAPORE continues to draw strong investments despite global corporate shifts, with the Singapore Economic Development Board (EDB) securing S$5.4 billion in fixed asset investment (FAI) commitments ...
Asia’s IPO bankers look beyond China slump with US$6 bil week
Listings from Hyundai Motor Co.’s India unit, subway operator Tokyo Metro Co. and Rigaku Holdings Corp. will push IPO volumes in Asia Pacific excluding China past $28 million.
UOB partners with industry peers and Institutes of Higher Learning
In an effort to promote job transformation, UOB works with Better U's industry partners and educational institutions.
GDP growth boosts market sentiment; STI up 0.6%
The benchmark Straits Times Index (STI) was up 0.6 per cent or 22.15 points at 3,595.91 at the close. Across the broader market, losers outnumbered gainers 301 to 254, after 1.3 billion securities ...
Singapore’s Central Bank Holds Steady as Economy Picks Up, Inflation Cools
Singapore’s growth momentum has picked up and the negative output gap is projected to close in H2 2024,” the MAS said.
OCBC to Stop Russia-Linked Transactions to Cut Risk
Oversea-Chinese Banking Corp. will stop handling transactions involving Russia as it moves to cut exposure to the nation hit with global sanctions.
Singapore Dollar Steady, Underpinned by MAS’s Appreciation Stance on Policy Band
Singapore dollar was steady against its U.S. counterpart after choppy trade earlier, after the Monetary Authority of Singapore decided to keep its policy settings unchanged.