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Tag: finance

Posted on 16/10/2024

Food Innovators makes Catalist debut at S$0.20, 9.1% below IPO price

JAPANESE food and beverage operator Food Innovators Holdings (FIH) commenced trading under the code “KYB” on the Catalist board on Wednesday (Oct 16). Read more at The Business Times.

Posted on 16/10/2024

Singapore hits brakes on $1.7 billion Allianz deal for onetime insurance cooperative after it sparks public outcry

On Monday, Singapore’s government decided to block the deal until Allianz addressed some of its concerns, including whether Income Insurance will be able to continue its social mission.

Posted on 16/10/2024

OCBC SME Index at 50.8% in 3Q2024, extending gains for the second quarter in a row

The OCBC SME Index uses SME transactional data of over 100,000 OCBC SME customers in Singapore with annual sales turnover of up to $30 million.

Posted on 16/10/2024

Limited-edition bank card designs and merchandise are coming: OCBC and Disney announce 5-year collaboration

Apart from the upcoming Disney Adventure cruise, fans have something new to look forward to. OCBC and Disney have announced a five-year strategic collaboration across three of the bank's five core ...

Posted on 16/10/2024

S’pore shares dip, with Jardine Matheson leading losses, ahead of earnings

Losers outnumber gainers 350 to 235, with 1.7 billion securities worth $1.3 billion changing hands. Read more at straitstimes.com.

Posted on 16/10/2024

Prosecution seeks up to 66 months’ jail for man linked to loan ruse that cheated 2 banks of $1.2m

On Oct 15, Deputy Public Prosecutor Cheah Wenjie urged the court to sentence Lee to up to five years and six months’ jail, stressing that the offender had made no restitution. DPP Cheah also told ...

Posted on 16/10/2024

Vedanta Resources Signs Facility Agreement Worth $125 Million

Standard Chartered Bank Singapore Ltd. is the arranger, agent, and lender for the agreement, which aims to support Vedanta Resources' funding requirements.

Posted on 16/10/2024

From potato skins to kopi cups: Innovative students tackle food and packaging waste in Singapore

Selected as one of the five winning pitches in the second edition of the DBS Foundation X NEA Hungry for Change Challenge, their solution is slated for a pilot phase at Koufu Fusionopolis. Read more ...

Posted on 16/10/2024

Food Innovators’ IPO fully subscribed, public offer 6.3 times subscribed

In total, the private placement and public tranches have a subscription rate of 1.4 times. Read more at straitstimes.com.

Posted on 16/10/2024

GIC and BlackRock snap up Hyundai India shares in record $4.3 billion IPO

Singapore sovereign wealth fund GIC and US asset management giant BlackRock together picked up stakes worth a total of US$77.3 million, while American financial major Fidelity bought shares worth ...

Posted on 16/10/2024

Singapore’s OCBC Group CEO Helen Wong ranked as 2nd most powerful woman in Asia for 2024

She took 2nd place on this year’s Fortune Most Powerful Women Asia list, which ranks women business leaders across the Asia Pacific region ...

Posted on 15/10/2024

India’s biggest IPO off to a slow start, subscribed 0.18x on Day 1

Hyundai IPO India IPO automotive sector Hyundai Motors subscription trends retail investors anchor investors Government of Singapore ...

Posted on 15/10/2024

Hyundai IPO a test of investor confidence in India’s ambition to be manufacturing powerhouse

The IPO proceedings could help Hyundai narrow market gaps in India, expand its facilities to serve global markets, analysts say.

Posted on 15/10/2024

Hyundai India IPO subscribed 18% on Day 1, retail portion booked 26%

Hyundai Motor India's Rs 27,870-crore initial public offering (IPO) saw a steady response on first day of subscription with 18 percent of the overall offer getting subscribed.

Posted on 15/10/2024

Hyundai Motor IPO opens: 0.16 pc of retail portion subscribed till noon

The Rs 27,870 crore initial share sale received bids for 89,92,522 shares against 9,97,69,810 shares on offer, as per NSE data till 11:39 hours.

Posted on 15/10/2024

India’s largest IPO ever! Hyundai Motor India – Price band, minimum investment, GMP, lot size, allotment date

The three-day subscription for the initial public offering (IPO) of Hyundai Motor India Limited (HMIL) has opened today.

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