Story continues 6. If the trading is suspended due to the free float requirement not being met, will this issue become a permanent distraction to OCBC as management strives to execute the "One Group" ...
Banking sector poses highest money laundering risks in Singapore
Non-banking sectors like corporate service providers, real estate, casinos, and precious stones also pose high ML risks in the country.
Pine Labs plans $1 bn IPO after relocating from Singapore to India
Fintech firm Pine Labs is reportedly eyeing an initial public offering (IPO) of $1 billion in India. This comes as the company has received approval from a Singapore court to relocate its base to ...
Shein’s London IPO plan in regulatory limbo as investors grow jittery, sources say
structure to set up its global headquarters in Singapore in 2021. Chinese start-ups commonly use VIEs to create an overseas shell company to control their operations at home through contractual ...
Experts say Shein’s U.S. IPO is all but dead
A London IPO could, in theory, be easier than a U.S. offering ... Shein was founded in China and has since moved its headquarters to Singapore. But a good chunk of the company's supply chain is still ...
Citing unhappiness among minority investors, SIAS seeks clarification from OCBC on Great Eastern offer
The directors of Singapore's Great Eastern have been advised to recommend that minority shareholders accept a S$1.4 billion offer from the insurer's top investor Oversea-Chinese Banking Corp (OCBC).
CPPIB, Temasek join Blackstone in backing Singapore hedge fund Arrowpoint
said on Friday it has secured investment from the Canada Pension Plan Investment Board (CPPIB) and a unit of Singapore’s Temasek Holdings. These sovereign wealth funds followed Blackstone, which had ...
HSBC Singapore unveils Live+ credit card for lifestyle spending
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this ...
Singapore becomes hot spot for M&A bankers hunting Asia deals
Total deal value 102% higher than 2Q2023, as strong corporate governance and predictable politics boost appeal of city-state.
Seniors and crypto: Protecting Singapore’s silver generation
The fundamental principle of scam avoidance remains: if something seems too good to be true, it usually is: Coinbase's Ahmed.
Singapore sees sudden frenzy in deals from around the world
Value of deals involving Singapore firms since the start of April is up 102 per cent from the full second quarter last year. Read more at straitstimes.com.
Singapore emerges as M&A hub for bankers seeking Asia deals
who joined BofA in 2015 after stints with Standard Chartered Plc and UBS Group AG. BofA was an adviser on the KKR-led STT data centre deal. It also was an adviser on the sale of a majority stake in ...
Singapore’s top banks hungry for regional expansion
The three largest banks in Singapore, DBS Group Holdings, United Overseas Bank (UOB) and Oversea-Chinese Banking Corp. (OCBC), are expanding in neighboring countries through acquisitions and new ...
DBS keeps ‘buy’ on Paragon REIT following divestment of Rail Mall
Proceeds from the divestment, which is made at nearly 30% above valuation, can be used to help pay down a perpetual securities ...
‘Having Singapore base will boost regional trade’
OPENING a Malaysia External Trade Development Corporation (Matrade) office in Singapore is part of Putrajaya’s effort to enhance trade and investment between both countries and Asean as a ...
HSBC’s Restructuring Efforts & High Rates Aid Amid Cost Woes
Additionally, in 2022, HSBC acquired 100% of the issued share capital of AXA Insurance in Singapore and L&T Investment Management Limited. Moreover, HSBC increased its ownership stake in its China ...