Ahead of its initial public offering (IPO), logistics company Delhivery has announced the appointment of three new independent ... ( read original story ...)
DBS raises Raffles Medical Group’s TP to $1.81, estimates FY2022-2023 earnings could hit record high
DBS Group Research analyst Rachel Tan has kept “buy” on Raffles Medical Group with a raised target price of $1.81 from $1.48. The higher sum-of-the-parts target price took into consideration the ... ( read original story ...)
Singapore’s TDCX sees growth behind the scenes of ASEAN tech battle
CEO Laurent Junique told Nikkei Asia that TDCX is set to attract more corporate clients in Asia as homegrown tech companies scale up their businesses on the back of rapid digitalization. "There is a ... ( read original story ...)
Singapore central bank’s tightening move shows confidence in recovery, says economist
Song Seng Wun of CIMB Private Banking discusses the surprise move by the Monetary Authority of Singapore to tighten monetary policy, as the country eases Covid-19 restrictions and opens up "vaccinated ... ( read original story ...)
Citibank services to be down for nine hours on October 16-17
Bloomberg reported in April this year that Citigroup Inc. plans to exit retail banking in 13 markets across Asia and the Europe, Middle East and Africa region. The bank will instead operate its ... ( read original story ...)
Singapore Government Unveils a New $1.5 Billion Fund
The government in Singapore has announced a range of new initiatives that are designed to boost the local stock market, help to secure a recovery from the pandemic and bring in "promising high growth ... ( read original story ...)
DBS BIG attempt to sway our opinion on the Property Investment Strategy
My colleague told me yesterday DBS came up with this report title "Will Property Still be Your Pot of Gold?" Basically, DBS's assessment is that property may not be the best retirement investment in ... ( read original story ...)
Standard Chartered invests in buy now, pay later company Atome
Standard Chartered Plc announced a 10-year partnership with Atome Financial as it seeks to tap into the booming buy now, pay later services that allow consumers to easily split payments for purchases ... ( read original story ...)
Standard Chartered Ties Up With Singapore Start-Up for Fintech Expansion
By Yifan Wang Standard Chartered PLC has tied up with Singapore start-up Atome Financial to expand in Asia's booming financial technology market. As part ... ( read original story ...)
Standard Chartered makes strategic investment in BNPL firm Atome Financial
As part of the alliance, StanChart will finance $500 million worth of loans, comprising mainly BNPL and other digital lending products. ( read original story ...)
Jeff Ubben and Singapore’s GIC Back $830 Million Fertiglobe IPO
Abu Dhabi’s state energy company and OCI NV are selling a stake worth as much as $830 million in their Middle Eastern fertilizer venture to buyers including a Singapore sovereign wealth fund and U.S. ( read original story ...)
Fertiglobe IPO price range implies equity value of up to $6 billion
Dubai: Fertiglobe, a joint venture between Abu Dhabi National Oil Co and chemical producer OCI , on Wednesday set the price range for its initial public offering, implying an equity valuation for the ... ( read original story ...)
MicroTech Medical prices IPO high
IPO sponsors CICC and Goldman Sachs wrapped up bookbuilding on Monday. They worked with joint global co-ordinator CLSA, pitching the stock with guidance of HK$27.70 to HK$31.15. The range meant ... ( read original story ...)
Activist Ubben Joins Fertiglobe Board Ahead of $830 Million IPO
Abu Dhabi’s state energy company and OCI NV are selling a stake of as much as $830 million in their Middle Eastern fertilizer venture to buyers including a Singapore sovereign wealth fund and activist ... ( read original story ...)
Abu Dhabi’s Fertiglobe sets IPO price range; implies $5.5-$6bln valuation
The Abu Dhabi-based Fertiglobe looks set to raise as much as $827 million in its initial public offering (IPO). The joint venture between Dutch chemical producer OCI and state energy company ADNOC, ... ( read original story ...)
StanChart to invest $678m in Singapore-based buy now, pay later firm Atome
Standard Chartered (StanChart) plans to provide US$500 million (S$678.3 million) in financing to Singapore-based buy now, pay later (BNPL) fintech Atome Financial, under a 10-year partnership to be ... ( read original story ...)