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Tag: finance

Posted on 25/06/2024

Singapore stocks dip on Tuesday—STI dropped by 0.1%

SINGAPORE: Singapore stocks dipped on Tuesday, June 25, reflecting the mixed performance in the United... The post Singapore stocks dip on Tuesday—STI dropped by 0.1% appeared first on The Independent ...

Posted on 25/06/2024

IPO screener: Allied Blenders issue opens today at ₹267-281 price band

Allied Blenders IPO offers equity shares through Book Building Process, with a price band of ₹267-281. IPO opens on June 27.

Posted on 25/06/2024

Singapore pips Hong Kong as world’s most expensive city to live ‘extremely well’

Singapore retained the title, with London and Shanghai in third and fourth place, respectively. Monaco rounded out the top five. Shanghai dropped one spot from last year while London climbed one place ...

Posted on 25/06/2024

OCBC garners over 90% of Great Eastern’s shares; trading in insurer to be suspended after offer closes

OCBC and concert parties have garnered 90.16 per cent of the ... the insurer’s embedded value per share of S$36.59 as at Dec 31, 2023. Frontline regulator Singapore Exchange Regulation requires ...

Posted on 25/06/2024

4 Singapore Blue-Chip Stocks Delivering Dividend Yields of 5.6% or More

United Overseas Bank Ltd, or UOB, is Singapore’s third-largest bank. For 2023, the lender also reported a strong set of earnings as high interest rates lifted its NII. NII rose 16% year on year to S$9 ...

Posted on 25/06/2024

Great Eastern shareholders who hold out on OCBC offer could face long wait for next exit

Takeover could be in limbo if acceptances are not enough to trigger exit offer. Read more at straitstimes.com.

Posted on 25/06/2024

Foxconn to invest $383 mln in Vietnam circuit board plant, says state media

Foxconn Singapore has been awarded a licence to invest $383 million in a factory to produce printed circuit boards in Vietnam, state media reported on Monday.

Posted on 25/06/2024

OCBC garners over 90% of Great Eastern’s shares; trading in insurer to suspend at close of offer

OCBC and concert parties have garnered 90.16 per cent of the shares in Great Eastern, the bank announced on Monday (Jun 24). However, no delisting is in sight as the lender’s offer for its insurance ...

Posted on 25/06/2024

SIAS cites ‘dilemma’ for minority shareholders amidst OCBC’s GE offer

"In the recent cases of voluntary unconditional general offer, SIAS observed that the offers created dilemma to Minority Shareholders where they are not given a choice to make a decision due to terms ...

Posted on 24/06/2024

Foxconn to invest $518 million in Vietnam circuit board plant: Report

The plant in the northern province of Bac Ninh will produce 2.79 million products a year. Read more at straitstimes.com.

Posted on 24/06/2024

Online Retailer Shein Files for Confidential IPO in London, Report Says

Fashion retailer Shein has confidentially filed to go public in London, according to a Reuters report, after its plans to list in the U.S. were disrupted by the trade war with China.Shein submitted ...

Posted on 24/06/2024

Alibaba Rival Shein Confidentially Files London IPO Filing Amid US Regulatory Hurdles On Chinese Firms: Report

Shein, the fast fashion behemoth and rival to Alibaba‘s online fashion arm, reportedly filed for an initial public offering (IPO) in London. This move comes amid the company’s ongoing struggles with ...

Posted on 24/06/2024

Shein Has Confidentially Filed for London IPO, Reuters Reports

Online fashion retailer Shein has confidentially filed papers for a potential listing in London with Britain’s market regulator, Reuters reported, citing two sources.

Posted on 24/06/2024

U.S. IPO Weekly Recap: Flurry Of SPACs And IPOs Fill The Pipeline In Short Holiday Week

One IPO and three SPACs debuted this week. Singapore-based safety equipment provider Rectitude Holdings priced at the bottom of the range to raise $8 million at a $58 million market cap. Three IPOs ...

Posted on 24/06/2024

Singapore warns of money laundering risks in areas

As a business, financial and trade hub, Singapore is vulnerable to being misused as a conduit to launder illicit funds derived from fraud committed abroad, said the Singapore’s Money Laundering ...

Posted on 24/06/2024

K-pop boy band Highlight to perform in Singapore in September

SINGAPORE – K-pop boy band Highlight are returning to Singapore ... via Ticketmaster (go to ticketmaster.sg or call 3158-8588). Pre-sale tickets for DBS/POSB cardmembers will be available between noon ...

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