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Tag: finance

Posted on 28/07/2024

High average daily turnover in Singapore stocks not always linked to large caps

THE 200 most traded stocks in Singapore have contributed almost all the S$1.1 billion in average daily turnover (ADT) for the local market in the 2024 year to Jul 24. ADT simply represents the total ...

Posted on 28/07/2024

Ola Electric IPO | SoftBank-backed IPO to open for subscription on August 2; valuation seen at $4.4 billion: Report

SoftBank-backed Ola Electric's IPO will open for retail subscription on Aug. 2, the Indian electric scooter maker said on Saturday, a stock offering that according to two sources will value the ...

Posted on 28/07/2024

Citi layoffs in Singapore left employees uncertain and in low morale, former and current staff say

Citi employees in Singapore have gone through three rounds of layoffs in six months since the US bank announced a major restructuring last September.

Posted on 27/07/2024

Ola Electric to launch IPO next week, valuation seen at around $4.4 billion: Report

SoftBank-backed Ola Electric's IPO will open for retail subscription on Aug. 2, the Indian electric scooter maker said on Saturday, a stock offering that according to two sources will value the ...

Posted on 27/07/2024

Up to S$3 cashback for PayLah! users at hawker stalls, heartland shops on Saturdays under new scheme by POSB

The Support Our Heartlands initiative, which also extends to participating wet markets, will run from Aug 1 to Dec 31.

Posted on 27/07/2024

Singapore’s Growing Investments in Vietnam: Key Sectors

Singapore's investments in Vietnam boost key sectors like manufacturing, real estate, and energy. Read on to learn more.

Posted on 27/07/2024

Ola Electric IPO: Issue to open for retail subscription on August 2, valuation expected at $4.4 billion

Electric two-wheeler maker Ola Electric will open its initial public offering (IPO) for retail subscription on August 2, the company said in a filing with the Securities and Exchange Board of India ...

Posted on 27/07/2024

Ola Electric to launch IPO next week, valuation seen at around $4.4 bln

The issue, which will open for institutional investors a day earlier on Thursday, will close for retail subscriptions on Aug. 6, the final IPO prospectus filing showed. Ola founder Bhavish Aggarwal ...

Posted on 27/07/2024

Ola Electric to launch its ₹5,500cr IPO on August 2

The IPO will close for retail subscriptions on August 6, as revealed by the final IPO prospectus filing. Institutional investors will have access to the offering a day earlier on August 1. Ola founder ...

Posted on 27/07/2024

Ola Electric IPO to open for public on August 2

Ola Electric's IPO opens August 2, valued at $4.2-$4.4 billion, with founder Bhavish Aggarwal offloading shares.

Posted on 27/07/2024

ValueMax’s Malaysia associate company Well Chip IPO jumps nearly 50%

KUALA LUMPUR] Johor-based pawnbroker Well Chip Group, an associate company of Singapore Exchange-listed ValueMax Group, made its debut on Bursa Malaysia’s main market stock exchange on Tuesday (Jul 23 ...

Posted on 27/07/2024

Singapore’s market value may soon beat Thailand for first time since 2020

For years, Thai equities stood tall as one of Southeast Asia’s largest stock markets. That bullish story is fast unraveling, and not even cheap valuations can save the day.

Posted on 27/07/2024

Up to S$3 cashback for PayLah! customers at hawker stalls, heartland shops & markets on Saturdays

From Aug. 1 until the end of the year, the first 75,000 people who scan to pay with PayLah! at participating merchants on Saturdays will get up to S$3 cashback. These comprise hawker stalls, heartland ...

Posted on 27/07/2024

Singapore reports increased use of crypto to fund terrorism

Singapore is facing a troubling trend: more and more cryptocurrencies are being used to fund terrorisms around the world. The Ministry of Home Affairs (MHA) recently reported that, while traditional ...

Posted on 26/07/2024

Strength in Singapore’s data centre colocation market has analysts positive on Keppel DC REIT

Although Lee says that the REIT’s 1HFY2024 results painted the strength of Singapore's colocation data centre market, he notes that key downsides include short land tenure on its Singapore assets, ...

Posted on 26/07/2024

UOB makes ‘management refresh’ amid digital push

To replace Hwee (pictured middle), UOB has promoted Singapore-based Lawrence Goh (pictured right) is promoted head of GTO and will commence the role on the same day as September 1, according to a UOB ...

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