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Tag: finance

Posted on 03/08/2021

Adani Wilmar IPO: FMCG Giant And Fortune Oil-maker Files Papers For Rs 4,500 Crore IPO

Adani Wilmar has filed its DRHP (draft red herring prospectus) with Sebi for around Rs 4,500 crore Initial Public Offering. ( read original story ...)

Posted on 03/08/2021

$500M Growth Fund for Early-Stage Startups Launched by DBS and Temasek for China, India, SE Asia

Singapore-based DBS Bank Ltd (SGX:D05), a multinational banking and financial services corporation with over $330 billion in assets, and Temasek have entered into an agreement to introduce a $500 ... ( read original story ...)

Posted on 03/08/2021

Singapore’s largest bank picks 3 airlines to buy — one with ‘the cheapest recovery play’

Southeast Asia's largest lender DBS expects international travel to restart gradually toward the end of 2021 and named its top airlines in Asia. ( read original story ...)

Posted on 03/08/2021

Commentary: Push for global corporate tax deal can make Singapore a more compelling investment hub

With BEPS 2.0 minimising tax competition, Singapore can focus investors on its enduring economic fundamentals and retune its tax system, says EY’s ... ( read original story ...)

Posted on 03/08/2021

Coface Singapore – First Insurer in Asia-Pacific to Join the LiquidX Digital Trade Credit Insurance Platform

LiquidX, the global fintech solutions provider for working capital, trade finance, and insurance, today announced that Coface Singapore Branch has joined its LiquidX 360 digital platform. The state-of ... ( read original story ...)

Posted on 03/08/2021

Singapore crypto firm Matrixport banks $100m to reach unicorn status

Matrixport, the crypto finance venture led by Bitmain’s billionaire founder Wu Jihan, has raised fresh capital from investors including DST Global and Tiger Global, ramping up its pre-money valuation ... ( read original story ...)

Posted on 03/08/2021

Singapore’s Wilmar International targets $605m IPO for its Indian JV Adani Wilmar

Singaporean agribusiness Wilmar International said on Monday it was pursuing a listing of its joint venture Adani Wilmar in India through an initial public offering worth up to Rs 45,000 million ($605 ... ( read original story ...)

Posted on 03/08/2021

Singapore’s Wilmar International targets $605 mn Indian IPO for Adani Wilmar

Singaporean agribusiness Wilmar International said on Monday it was pursuing a listing of its joint venture Adani Wilmar in India ... ( read original story ...)

Posted on 03/08/2021

Independent Reserve Receives Approval in Principle to Operate in Singapore

The digital currency exchange said the approval relates to becoming a regulated provider for digital payment token services. ( read original story ...)

Posted on 03/08/2021

Report: Maybank Singapore sues NFC chairman, children for defaulting on housing loans worth RM7.9m

National Feedlot Corp Sdn Bhd (NFC) chairman Datuk Seri Mohamad Salleh Ismail and his two children have been sued by Maybank Singapore Ltd, for defaulting on two housing loan facilities for properties ... ( read original story ...)

Posted on 03/08/2021

Lion-OCBC Securities China Leaders ETF begins trading amid positive analyst outlook

SINGAPORE - The Lion-OCBC Securities China Leaders exchange-traded fund (ETF) began trading on the Singapore Exchange (SGX) on Monday (Aug 2) amid a rebound in Chinese stocks.. Read more at ... ( read original story ...)

Posted on 02/08/2021

IPO-bound Grab sees net revenue rise by 39% in Q1 2021

Southeast Asian super app Grab, which is on route to an initial public offering (IPO) of US$2 billion, saw its adjusted net sales rise 39% year-on-year to an all-time high of US$507 million in Q1 2021 ... ( read original story ...)

Posted on 02/08/2021

The Business Times and OCBC to provide awards to enterprising emerging companies

SINGAPORE - Promising emerging companies will have the chance to get more resources to grow their business such as interest-free loans, in the 14th year of the Emerging Enterprise Award organised by ... ( read original story ...)

Posted on 02/08/2021

DBS and Temasek Launches US$500 Million Debt Financing Platform for Tech Startups

DBS and Temasek announced that they have jointly launched a US$500 million growth stage debt financing platform, EvolutionX Debt Capital. ( read original story ...)

Posted on 02/08/2021

Policybazaar IPO: 10 things to know about India’s largest online insurance aggregator

PB Fintech recorded a consolidated loss of Rs 150.24 crore in FY21 against loss of Rs 304 crore in FY20 and loss of Rs 346.81 crore in FY19. ( read original story ...)

Posted on 02/08/2021

DBS and Temasek to launch debt financing platform in Asia

DBS and Temasek announced that they have entered into an agreement to jointly launch a US$500 million growth stage debt financing platform ... ( read original story ...)

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