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Tag: finance

Posted on 04/08/2024

Afcom Holdings IPO: 129% GMP per share – Check subscription last date

The company is involve in carriage freight from airport to airport. It has been flying cargo flights to ASEAN nations such as Singapore, Indonesia, and Brunei, mainly Singapore.

Posted on 04/08/2024

Hong Kong’s Wealth Comeback: Chinese Rich Return After Singapore Cracks Down on Money Laundering

Hong Kong is welcoming back its wealthy Chinese residents with open arms. After years of millionaires leaving the city, about 200 high-net-worth individuals are expected to return this year. This ...

Posted on 04/08/2024

OCBC Q2 profit up 14% to $1.94 billion, bank to weigh its options for Great Eastern

SINGAPORE – OCBC Bank’s second-quarter earnings grew more than expected on strong growth in fee, trading and insurance income, as well as a decline in allowances. Net profit for the second quarter ...

Posted on 03/08/2024

Unicommerce eSolutions IPO: Issue opening and closing date, latest GMP, price band, minimum investment – 10 things to know

As the Unicommerce eSolutions IPO is set to open for bidding next week, let’s take a look on 10 things that investors need to know before putting their money in the public issue. The company's maiden ...

Posted on 03/08/2024

Singapore Sets Up Task Force to Boost Flagging Stock Market

Singapore has established a review group to revive its stock market amid growing calls for initiatives to tackle poor liquidity.

Posted on 03/08/2024

Singapore To Boost Stock Market Development

The Monetary Authority of Singapore (MAS) on Friday announced a review group to strengthen equities

Posted on 02/08/2024

OCBC’s Q2 profit tops expectations, says on track to meet 2024 targets

SINGAPORE: Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) reported on Friday (Aug 2) a stronger-than-expected 14 per cent year-on-year jump in second quarter net profit and said ...

Posted on 02/08/2024

Investing in Gold Bars & Using a Singapore Safe Deposit Box for Security

Financial markets keep up and down and many investors are looking to save and increase their money to gold bars.

Posted on 02/08/2024

OCBC Q2 profit up 14% at $1.94 billion, says on track to meet 2024 targets

SINGAPORE - Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) reported on Friday (Aug 2) a stronger-than-expected 14 per cent year-on-year jump in second quarter net profit and said ...

Posted on 02/08/2024

OCBC’s ‘stable’ NPL ‘eased some concerns’ about S’pore banks’ CRE exposure: Citi

Compared to the two other major Singapore banks, OCBC’s exposure in Hong Kong office CRE is the highest, at 2% of its total loan book compared to DBS’s 0.6% and United Overseas Bank U11 -0.19% ’s (UOB ...

Posted on 02/08/2024

$900m to beef up bus services is much-needed investment so let’s make most of it

New enhancement programme marks biggest injection of funds into public buses in a decade. Read more at straitstimes.com.

Posted on 02/08/2024

Ola Electric IPO subscribed 16% so far on first day of bidding process. Check GMP and other details

Ola Electric's IPO saw 16% subscription in the initial two hours, driven by retail investors. With a fresh issue of Rs 5,500 crore, founder Bhavish Aggarwal will sell 37.9 million shares. Analysts are ...

Posted on 02/08/2024

Afcom Holdings IPO Day 1: Issue subscribed 2 times so far; Latest GMP, subscription status, other key details of SME IPO

Afcom Holdings IPO price band is set at ₹102 to ₹108 per share and at the upper end of the price band, the company plans to raise ₹73.83 crore from the book-built issue.

Posted on 02/08/2024

OCBC Q2 profit up 14% to $1.94 billion, dividend of 44 cents declared

SINGAPORE – OCBC Bank’s earnings climbed in the second quarter on the back of strong growth in fee, trading and insurance income, as well as a decline in allowances. Net profit for the second quarter ...

Posted on 02/08/2024

WeRide Merges Into Crowded Field Of Autonomous Driving IPOs

That said, the WeRide IPO is notable for its very star-studded cast ... It has autonomous driving permits for its fleet of robotaxis in China, Singapore, the United Arab Emirates and the U.S., and ...

Posted on 02/08/2024

Ola Electric to raise $734 mln in India’s biggest IPO this year

A term sheet for the IPO, which will run from Aug. 1 to Aug. 6, puts a value of $4 billion on the company, which sold its first scooter in 2021. That valuation is about 25% lower than Ola's last ...

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