Uni-Fuels Holdings plans $13.5M IPO for marine fuel; low margins and high valuation make it a sell according to financial writer. Learn more on UFG stock here.
Swiggy IPO gets bids of $15 bln from big investors like Norges, Fidelity, sources say
Big investors including Norway's sovereign wealth fund Norges and Fidelity have placed bids worth more than $15 billion in Swiggy's India IPO, 25 times the $605 million portion reserved for such ...
U.S. IPO Weekly Recap: Small Issuers Keep The October IPO Market Moving
Four very small Asian issuers listed in the US this past week. The offerings raised just $26 million combined. The week's big news came from the pipeline, with China-based a ...
HSBC to primarily cut senior roles in overhaul of management structure: report
According to group chief executive Georges Elhedery, HSBC's restructuring plan will target senior roles as opposed to a company-wide cut. This shift aims to simplify the organization and remove ...
Republic Power Group Withdraws IPO Filing
Singapore's Republic Power Group withdrew its filing for an initial public offering, more than two years after disclosing its plans to go public. The information-technology-services company filed ...
Singapore, Canada Funds Mull Backing $1.8 Billion Asset Shuffle
Canada’s largest pension fund and Singapore’s GIC Pte are in advanced talks to back PSG Equity’s plan to transfer $1.8 billion of company stakes into a new vehicle designed specifically for this type ...
Strong wealth segment likely to boost Q3 earnings at Singapore banks: analysts
STRONG wealth management fees are likely to have continued boosting earnings at the three local banks during the third quarter of this year, according to analysts awaiting the results of DBS, OCBC and ...
Strong wealth segment likely to boost Q3 earnings at Singapore banks amid NIM headwinds
STRONG wealth management fees are likely to have continued boosting earnings at the three local banks during the third quarter of this year, according to analysts awaiting the results of DBS, OCBC and ...
Singapore’s Winking Studios eyes London AIM market for dual listing, expansion plans
The company, which ranked third in Asia and fourth globally in revenue, has nine offices across Asia and collaborations with 22 of the world's top 25 game developers ...
Singapore bolsters fintech hub with Global Finance Technology Network
The Monetary Authority of Singapore (MAS) has established the Global Finance and Technology Network (GFTN) as part of its ongoing effort to position Singapore as a global hub for fintech innovation.
Punjab-origin man in Singapore jailed for criminal breach of trust on corporate card
Raul Randhawa, 44, was a risk and controls officer with an insurance firm with a monthly salary of more than SGD 11,000 ( ₹7 lakh approximately).
Singapore’s central bank sets up not-for-profit global fintech network
Singapore's central bank has set up a new not-for-profit platform to work with economies around the world on financial technology. The Global Finance and Technology Network will offer expert advisory ...
Goodwill Entertainment launches IPO at 20 cents per share
Goodwill Entertainment has launched its initial public offering on the Catalist board of the Singapore Exchange S68 The entertainment company has issued 60 million shares at 20 cents apiece. Of the 60 ...
HSBC will primarily cut senior roles in overhaul of management structure: CEO
The cuts will take place swiftly, with the outcome of the restructuring to be disclosed in February 2025. Read more at straitstimes.com.
Jail for man who used corporate credit card to make nearly $30k in unauthorised transactions
Raul Randhawa, who tendered his resignation in October 2023, has made full restitution. Read more at straitstimes.com.
Indian-origin man spends nearly Rs 19 lakhs with corporate credit card, jailed in Singapore
An Indian-origin Singaporean was sentenced to four months of imprisonment on Wednesday after he pleaded guilty to one count of criminal breach of trust by using a corporate credit card for personal ...