JSW Infrastructure IPO comprises a fresh issuance of Rs 2,800 crore worth of shares and does not include an Offer for Sale (OFS) component.
DBS should focus on digitalisation to capitalise on its acquisition of Citibank’s Taiwan operations
DBS’s move to acquire Citibank’s consumer banking operations in Taiwan (Province of China) will prove highly beneficial for the bank, as long as it can tap into the digital needs of Taiwanese consumer ...
Grab shutters investment products AutoInvest and Earn+
The GrabInvest business was serving only the Singapore market as Grab did not roll out either investment product to other markets in the region. Read more at straitstimes.com.
StorHub secures $180 mil sustainability-linked loan from CIMB, UOB
StorHub’s KPIs are to reduce reduce electricity consumption and obtain LEED green building certification for seven properties.
Brokers’ take: OCBC starts coverage on Boustead Singapore with ‘buy’
OCBC Investment Research said Boustead Singapore’s current share price levels may present an “attractive entry point” for investors given its undemanding valuations, above-average yield and exposure ...
Boustead Singapore is ‘big, bold and beautiful’, says OCBC
OCBC's Ada Lim, calling Boustead Singapore 'big, bold and beautiful', has on Sept 22 initiated coverage on this country's longest-operating company with a 'buy' call and accorded a $1.05 price target ...
Self-storage business StorHub bags S$180 million sustainability-linked loan from CIMB, UOB
SINGAPORE-BASED StorHub Self Storage Group (StorHub) has bagged S$180 million via a sustainability-linked loan from CIMB and UOB. Read more at The Business Times.
Singapore investment banking fees down 20% y-o-y so far this year, DBS leading: Refinitiv
M&A deals involving a Singapore target total US$10.2 billion so far in 2023, down 70% y-o-y, marking a decade low.
JSW Infrastructure IPO opens for subscription: Check price band, lot size, share listing date and time on NSE, BSE
The company plans to mop Rs 2,800 crore from the public issue and will use part of the proceeds to repay debt.
England & Company Expands to Singapore
England & Company, an independent investment bank based in the United States, announced today it has established an office in Singapore to extend the firm's corporate advisory business in the ...
Singapore’s banking revamp following dirty money drama
Singapore’s glitzy financial skyline is currently facing unprecedented scrutiny. Not for its high-rise buildings or posh real estate, but for the uncomfortable spotlight on a money-laundering scandal ...
Singapore raises deposit insurance scheme to S$100,000 in April
Singapore’s central bank is increasing its deposit insurance coverage per depositor to a maximum of S$100,000 ($73,160) from April next year.
Woman finds $10 deal for fish fillets on Facebook, ends up losing over $44k to scammers
An online order for grouper fillets that was supposed to cost $10 ended up costing one woman more than $44,000 after scammers took control of her Android phone and banking details remotely. Read more ...
DBS clinches most investment banking fees in Singapore
Deutsche Bank is the top bank for M&As, whilst Citi took the largest share for ECM underwriting. DBS Group Holdings has captured the biggest share of investment banking fees in Singapore across the ...
Singapore’s investment banking fees decline on fewer M&As
Banks also recorded lower DCM fees compared to the first nine months of 2022. Banks in Singapore generated an estimated US$585.2m worth of investment banking fees in the first nine months of 2023, 20% ...
Singapore investment banking fees down 20% year to date, M&A value falls to decade low
INVESTMENT banking fees generated in the first three quarters of 2023 amounted to an estimated US$585.2 million, down 20 per cent compared with the first nine months of 2022, based on Refinitiv data ...