Citi Research analyst Tan Yong Hong has downgraded Singapore’s three major banks to “underweight” as Citi economists expect 225 basis points (bps) of rate cuts by the US Federal Reserve in 10 months ...
Firstcry IPO: Retail platform raises ₹1,886 crore in anchor book round ahead of public issue
According to the exchange filing, the company has allocated 4,05,55,428 equity shares to 71 anchor investors at the upper price band of ₹465 per equity share with face value of ₹2 per share.
OLA Electric IPO GMP declines further! What grey market premium signals for Bhavish Aggarwal’s EV company
The initial share sale received bids for 49,43,63,610 shares against 46,51,59,451 shares on offer, translating into 1.06 times subscription, according to the NSE data.
Ola Electric IPO sails through on Day 2. Check GMP
The initial public offering of Ola Electric was fully subscribed on the second day. Retail investors' portion was oversubscribed 2.86 times and non-institutional investors' portion 1.09 times.
Ola Electric IPO subscribed 64% in 2 days. Check GMP and other details
The IPO comprises a fresh issue of Rs 5,500 crore and an offer ... The company lowered its valuation in its last funding round in September led by Singapore’s investment firm Temasek, which valued it ...
UOB prices A$1 billion in bonds, the largest-ever conventional single-tranche issuance by a Singapore issuer in Australia
SINGAPORE, Aug. 5, 2024 /PRNewswire/ -- UOB Sydney Branch has priced A$1 billion in four-year senior unsecured notes due 2028. The notes were priced on Friday (2 Aug) at the Bank Bill Swap Rate (BBSW) ...
MOVES-Nomura appoints HSBC’s Philip Kunz to head Southeast Asia wealth business, memo shows
Kunz was HSBC's head of global private banking for South and Southeast Asia until recently. He will be based in Singapore and report to Anurag Mahesh, head of coverage for Southeast Asia, global South ...
Singapore gets Big Pharma rush to invest in plants for aging region
SINGAPORE -- Large investments from some of the world's biggest drugmakers are pouring into Singapore as companies seek to expand production in the city-state and access broader Asia, one of the ...
Kickstart Your Investment Journey: Here Are 7 Singapore-Listed Companies for New Investors to Consider
1. DBS Group Holdings Ltd (SGX: D05) DBS Group Holdings Ltd (DBS) holds a significant presence both domestically as the largest bank in Singapore, and within the region, operating in 19 markets. For ...
Singapore Shares Likely To Open Under Pressure On Monday
DBS Group surrendered 1.86 percent, DFI Retail soared 2.30 percent, Frasers Logistics & Commercial Trust advanced 0.98 percent, Genting Singapore sank 0.59 percent, Hongkong Land and Jardine Cycle ...
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.
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 ...
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 ...
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 ...
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.
Singapore To Boost Stock Market Development
The Monetary Authority of Singapore (MAS) on Friday announced a review group to strengthen equities