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Tag: ipo

Posted on 27/02/2024

Shein considering London IPO amid US resistance to listing

Shein, which was founded in China but is now headquartered in Singapore, is in the early stages of exploring the London option as it has judged it unlikely that the US Securities and Exchange ...

Posted on 27/02/2024

Singapore Stocks: Great Eastern Profits Plunge, Shares Fall

Shares of Great Eastern Holdings Ltd (SG:G07) fell 1.7% today after the Singapore-based insurance giant reported plunging profits for the six ...

Posted on 26/02/2024

Chinese companies axe IPO plans amid listing scrutiny

Companies have scrambled to scuttle plans for initial public offering in China this year as the securities watchdog tightens rules on share listings in a bearish market. Forty-seven companies pulled ...

Posted on 26/02/2024

Layoffs: Everything you need to know about retrenchments, including in Singapore

Worried about layoffs? Find out what typically happens when a company decides to retrench its workers, including in Singapore.

Posted on 26/02/2024

Ex-bank officer fined over unlawful computer searches on then boyfriend’s former wife

SINGAPORE – A relationship manager at Standard Chartered Bank (Singapore) used her colleagues’ computers to conduct unauthorised searches on her then boyfriend’s former wife, who was one of the bank’s ...

Posted on 25/02/2024

Extradited S’pore resident who solicited at least $13m in investment scam pleads guilty in US

In or about 2020, Rafiq launched a scheme from Singapore to dupe investment firms in New York and elsewhere into paying for alleged investment interests in various stocks in privately held companies ...

Posted on 25/02/2024

Genting Singapore Stock Slide On Q4 Underperformance

In key news for Singapore stocks, Genting Singapore (SG:G13) slides due to weak fourth-quarter performance. The company’s adjusted EBITDA for ...

Posted on 25/02/2024

A well-skilled workforce is key to attracting foreign investments to Singapore

As at 2022, there were 60,300 majority foreign-owned companies registered here, employing 1.2 million Singaporeans. Read more at straitstimes.com.

Posted on 25/02/2024

Reddit is moving ahead with IPO after two years on sidelines

The company is a high-profile addition to the year’s roster of newly and soon-to-be public companies. Thirty-four firms have raised more than US$7.1 billion in IPOs on US exchanges since Jan. 1, ...

Posted on 24/02/2024

Best savings accounts in Singapore with highest interest rates (February 2024)

So far, 2024 has been pretty hard on our bank accounts. Between the GST hike and an impending recession, it looks like our wallets are taking quite a hit this year, even with the government payouts to ...

Posted on 24/02/2024

Singapore Stocks: Singtel’s Q3 Marred by One-Time Charges

In contrast, Singtel Singapore continued to face pressure in its home market from macro challenges and weak spending ... while revenues fell 3.2% compared to the same period last year. Is Singtel a ...

Posted on 24/02/2024

Top Stock Market Highlights of the Week: Singapore’s Fibre Network, Elite Commercial REIT and Nvidia

We look at the latest results from a REIT and a GPU manufacturer while examining the latest announcement of a fibre network upgrade by the Singapore government. The post Top Stock Market Highlights of ...

Posted on 24/02/2024

Singapore’s Mobile-health Network files for $10M US IPO

Mobile-health Network Solutions (MNDR), a Singapore-based telehealth solutions provider, has filed for a $10M U.S. initial public offering. The company said in an SEC filing that it was looking to ...

Posted on 23/02/2024

Singapore’s Prepaid Card and Digital Wallet Sectors Predict Robust Growth by 2027: Q2 2023 Market Update

The financial landscape in Singapore is set to evolve significantly as the latest ... are enhancing customer experiences while reshaping financial interactions. Yahoo Finance ...

Posted on 23/02/2024

SingLand H2 net profit rises 7% to $102.4 million on fair-value gain on investment properties

Earnings per share, including fair-value gain on investment properties, stood at 7.1 Singapore cents for the half year, up from 6.7 Singapore cents the previous year. Revenue for the half year rose 3 ...

Posted on 23/02/2024

Hot stock: Genting Singapore falls 9.7% on Friday after Q4 results disappoint

SHARES of Genting Singapore fell as much as 10.2 per cent on Friday (Feb 23), after the operator of Resorts World Sentosa reported disappointing fourth-quarter financials the day before. Read more at ...

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