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Tag: finance

Posted on 06/06/2025

OCBC Backs Great Eastern Delisting Bid With $700 Mln Exit Offer

SINGAPORE--Oversea-Chinese Banking Corporation has made a near-US$700 million exit offer for Great Eastern, backing the insurance subsidiary's bid to delist itself from the Singapore Exchange. OCBC is ...

Posted on 06/06/2025

Great Eastern seeks to delist through OCBC exit offer of $30.15 per share

SINGAPORE] OCBC has made a S$0.9 billion conditional exit offer at $30.15 per share for the 6.28 per cent stake in Great Eastern it does not own, in a bid to delist the insurer. Read more at The ...

Posted on 06/06/2025

Great Eastern shareholders to vote for delisting or resumption of trading; OCBC makes exit offer at $30.15

Trading of Great Eastern’s shares has been suspended since July 2024. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 06/06/2025

Stocks to watch: OCBC, Keppel DC Reit, Jardine C&C, NetLink NBN Trust

SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Jun 6). Read more at The Business Times.

Posted on 06/06/2025

OCBC to back Great Eastern’s delisting bid with near $700 million conditional exit offer

Singapore's Oversea-Chinese Banking Corporation said on Friday it would support a bid to seek a delisting of shares in Great Eastern with a S$900 million ($699.90 million) exit offer.

Posted on 06/06/2025

S’pore’s billion-dollar biotech firm: Life sciences scholar leads start-up to list in HK

Home-grown start-up Mirxes is going places, but co-founder is firmly rooted in Singapore. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 06/06/2025

Stay the course on sustainability despite policy shifts, HSBC urges firms

Its commitment to net zero stems from the 160-year-old organisation looking ahead at the next 160 years. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 06/06/2025

DBS, UOB provide $411 million loan to DayOne-INA data centre project in Indonesia

Singaporean banks DBS Group and United Overseas Bank said on Thursday that they had jointly provided a 6.7 trillion rupiah ($411 million) loan to finance a data centre campus in Indonesia.

Posted on 05/06/2025

Fintech major PhonePe appoints new board member as it prepares for IPO

PhonePe is the largest player on India's real-time payments system Unified Payments Interface (UPI). It reversed its listing from Singapore to India in 2022 ...

Posted on 05/06/2025

Bridging Dubai and Singapore: A private banking mission in a changing world

From an apartment a few streets away, Ranjit Khanna – head of private banking for Bank of Singapore in the Middle East and Europe – watched, phone in hand, capturing the moment. It was, he says, “so ...

Posted on 05/06/2025

Great Eastern plans to delist through higher OCBC-backed bid: Bloomberg

SINGAPORE] Great Eastern is considering options that include a plan to delist via an offer by OCBC, which will be higher than its original offer in May last year, Bloomberg reported on Thursday (Jun 5 ...

Posted on 05/06/2025

Singapore Paincare up 12.1% on Sias valuation

SINGAPORE] Shares of Singapore Paincare rose on Thursday (Jun 5), a day after the Securities Investors Association (Singapore), or Sias, valued the medical services company at more than double its ...

Posted on 05/06/2025

Best Credit Card Promotions in Singapore (Jun 2025): Citibank, DBS, HSBC, UOB, and More

This June, sign up for a credit card and you could walk away with welcome gifts like: Apple 10.9-inch iPad 10th Gen WiFi 64GB (worth $499) Sony WH-1000XM5 Wireless Noise Cancelling Headphones (worth ...

Posted on 05/06/2025

Best Fixed Deposit Rates in Singapore (Jun 2025)—Minimum Deposits From $500, Rates Up To 2.45%

If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...

Posted on 05/06/2025

DBS, UOB back 6.7 trillion rupiah loan facility for data centre campus in Batam’s Nongsa Digital Park

SINGAPORE] DBS and UOB have jointly provided a 6.7 trillion rupiah (S$530 million) loan facility to finance the development of a new data centre campus in Batam, Indonesia. Read more at The Business ...

Posted on 05/06/2025

DBS and UOB provide record IDR6.7 trillion loan for data centre development project in Batam

DBS Bank and United Overseas Bank(UOB) have jointly provided a landmark IDR6.7 trillion loan facility to finance the development of a new data centre campus in Batam, Indonesia, according to a joint ...

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