Canada Pension Plan Investment Board (CPPIB), the Government of Singapore, SBI Multi Cap Fund, and Fidelity Investment Trust were some investors who were allotted shares under the anchor quota ...
Mankind Pharma raises Rs 1,298 crore via anchor book ahead of IPO
Mankind Pharma announced on Monday that it raised Rs 1,298 crore from anchor investors, prior to the launch of its initial share sale scheduled for subscription starting from April 25.
HDFC Bank to buy stake in Griha, gets Singapore regulatory body’s approval
The proposed agreement is subject to approval from the market regulator Sebi in respect of change in control of certain subsidiaries of HDFC Limited. After the acquisition, HDFC B ...
PBoC and MAS join forces to promote sustainable finance
The People’s Bank of China (PBoC) and the Monetary Authority of Singapore announced the establishment of the China-Singapore Green Finance Taskforce at a meeting in Chongqing on April 21. Members of ...
HSBC investors hold talks as proxy advisors oppose Asia spinoff
HSBC's logo is seen on its headquarters in Hong Kong, China August 4, 2020. REUTERS/Tyrone Siu ...
OCBC Investment Research initiates ‘buy’ on First REIT, calls it a ‘potential defensive addition’
Based on our fair value, we expect First REIT to return an attractive distribution yield of 9.1% in FY2023,” says analyst Ada Lim ...
Singapore’s iFast launches cross-border digital banking platform in UK
FAST Global Bank (“iGB”), the UK-based digital bank division of wealth management Fintech platform iFAST Corporation Ltd. (“iFAST Corp”), one of Singapore's incepted and most successful wealth ...
Singapore and China launches taskforce for green finance
The collaboration will be co-chaired by Gillian Tan and Dr. Ma Jun. The People's Bank of China (PBC) and the Monetary Authority of Singapore (MAS) have declared the formation of the China-Singapore ...
I was scared for myself and my children: O.K. Lim’s ex-personal assistant testifies
She had taken instructions to create false documents for a deal that had not taken place. Read more at straitstimes.com.
AIMS APAC REIT divests 541 Yishun Industrial Park A for $12.9 mil
Yishun Industrial Park A for $12.88 million. The sale price represents an 8.2% premium to the property’s valuation of $11.9 million as at March 31. The sale was made via a sale and purchase agreement ...
DBS downgrades OCBC and UOB to ‘hold’ as it sees ‘limited catalysts for now’
Economists from DBS Group Research expect the US Fed to hike rates once more during the 2Q2023 to 5.25%, which is the terminal rate for the current rate hike cycle. See also: CGS-CIMB stays 'neutral' ...
Singapore March Core Inflation Rises 5%, Slightly Less Than Forecast
Singapore's key consumer price gauge rose 5% in March, slightly lower than forecast, official data showed on Monday. The core inflation rate - which excludes private road transport and accommodation ...
DBS maintains ‘buy’ call on FCT with 2023 shaping up to be ‘banner year for acquisitions’
2023 is shaping up to be another banner year for acquisitions with [around] $500 million in acquisition deals year-to-date.
Singapore EV battery startup Oyika secures $8.75m in funding
Singapore-based smart-battery-swapping startup Oyika has secured fresh funding from BPIN Investment, a unit of Thailand's smart-energy company Banpu Next, according to regulatory filings. Banpu Next, ...
Funds raised by Singapore’s early-stage emerging tech startups down 28% in 2022
SINGAPORE - Early-stage emerging technology startups in Singapore raised US$253 million (S$337.5 million) in funding last year, down 28.1 per cent from the US$352 million raised in 2021, said ...
StashAway launches third cash management portfolio with fixed deposit holdings, daily-reviewed rates
The launch comes a day after the digital wealth manager announced higher management fees for its two prior cash portfolios.