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Tag: ipo

Posted on 12/09/2024

SGX dips after analysts downgrade stock on falling equity volumes, slowdown in derivatives

The volatility in SGX’s share price came after downgrades by investment banks JPMorgan and Goldman Sachs. Read more at straitstimes.com.

Posted on 12/09/2024

Vietnamese-American man charged in Singapore over US$8.3 million money laundering case

The 61-year-old purportedly got two women to set up companies and accompanying bank accounts in Singapore, which later received alleged overseas investment scam proceeds.

Posted on 12/09/2024

GIC, Temasek said to be in talks to invest in Midea’s Hong Kong IPO

GIC is weighing subscribing for about US$500 million (S$652 million) in the Chinese appliance maker’s offering, the people said, asking not to be identified as the information is not public. They said ...

Posted on 12/09/2024

Pope praises Singapore as a ‘shining example’ for humanity

Pope Francis praised Singapore and its citizens for their hard work and ingenuity, but he urged them to be mindful of the poor and of the migrant workers who do much of the hard labor.

Posted on 12/09/2024

Diversify beyond tech: multi-sector Dow Jones ETF brings blue chips to Singapore

The SPDR Dow Jones Industrial Average ETF Trust, which is listed locally, tracks 30 prominent US companies. Read more. Read more at straitstimes.com.

Posted on 12/09/2024

Will September Be More Difficult for Bitcoin Miners?; Worldcoin Faces Scrutiny in Singapore

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a Jefferies report said that bitcoin mining was notably less profitable in August than July.

Posted on 11/09/2024

IPO frenzy goes next level! Bajaj Housing Finance receives Rs 3.2 lakh crore bids; GMP zooms over 100%

The IPO secured bids worth more than Rs 3.23 lakh crore. The robust demand was led by institutional investors who made bids worth Rs 2.6 lakh crore.

Posted on 11/09/2024

GIC, Hillhouse in talks to invest in Midea’s Hong Kong IPO, sources say

SINGAPORE sovereign wealth fund GIC and alternative asset manager Hillhouse Investment are considering investing in appliance maker Midea Group’s Hong Kong listing, sources said. Read more at The ...

Posted on 11/09/2024

Bajaj Housing Finance IPO sees Rs 3.2 lakh crore bids, GMP crosses 100%

The Rs 6,560-crore IPO has drawn a jaw-dropping Rs 3.2 lakh crore in bids, making it one of the most anticipated listings of the year. To put that in perspective, that's more than ...

Posted on 11/09/2024

Hillhouse, GIC Are Said in Talks to Invest in Midea’s Hong Kong IPO

Alternative asset manager Hillhouse Investment and Singapore sovereign wealth fund GIC Pte are considering investing in appliance maker Midea Group Co.’s Hong Kong listing, according to people ...

Posted on 11/09/2024

Economists Raise Singapore’s 2024 GDP Growth Forecast to 2.6% From 2.4%, MAS Survey Shows

Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing ...

Posted on 11/09/2024

Singlife introduces Legacy IUL for affluent market in Singapore

It’s coverage starts from $250,000 for death and terminal illness protection Singlife launched the Singlife Legacy Indexed Universal Life (IUL), a non-participating universal life plan offering ...

Posted on 11/09/2024

As Pope arrives in Singapore, all eyes are on China

SINGAPORE – Pope Francis landed in Singapore Wednesday, marking the final stage of his 12-day odyssey to Asia and Oceania, where he is expected to address various social issues and potentially make ...

Posted on 11/09/2024

PN Gadgil Jewellers IPO Opens Today: Price Band, GMP, And Key Details Revealed

The company's share price is set within the range of Rs 456-480 per share, and its market capitalisation post-issue is expected to exceed Rs 6,500 crore ...

Posted on 10/09/2024

STI hits 52-week high on strong market sentiment; Singtel gains 3.2%

SINGAPORE - The Straits Times Index (STI) rode a wave of stock market optimism to hit a 52-week intraday high of 3,523.47 points on Sept 10. It also achieved its highest close in 52 weeks, at 3,512.67 ...

Posted on 10/09/2024

Singapore-based fund to invest up to $10mln in Philippines solar company

Under the Philippine Energy Plan, the government wants to increase the share of RE in the power generation mix from 22 percent to 35 percent by 2030 and 50 percent by 2040 ...

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