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Tag: ipo

Posted on 14/05/2024

Q1 2024 update: M&A activity in mining in Singapore

In the Singaporean mining industry, there were 3 M&A deals announced in Q1 2024, worth a total value of $36.4m, according to GlobalData’s Deals Database. The $35m minority acquisition of Geo Energy ...

Posted on 14/05/2024

Briefs: Singapore must recognise stock-market challenges: DPM Wong; StarHub and M1 potential merger said to be back on

Yet on a panel at Intel’s AI Summit, IDC’s VP in data analytics, AI, sustainability, and industry research, Chris Marshall, said that Singapore’s challenge in scaling AI is its small and ageing ...

Posted on 14/05/2024

Haidilao restaurant operator Super Hi targets $1.87 billion valuation in US IPO

Singapore-based Super Hi’s 2023 revenue stood at US$686.4 million compared with US$558.2 million a year earlier. Read more at straitstimes.com.

Posted on 14/05/2024

Shein Leans to London IPO Amid U.S. Hurdles

The fast-fashion company headquartered in Singapore hasn't ruled out a U.S. listing, but the London Stock Exchange offers an easier route to going public, possibly within a month.

Posted on 13/05/2024

Shein steps up IPO plans amid reports suppliers still work 75 hours a week

Shein shares are set to go public on the London Stock Exchange (LSE), marking the controversial online retailer's initial public offering (IPO) as one of the largest globally this year. However, a ...

Posted on 13/05/2024

Singapore stocks edge up, bucking decline in key regional markets

SINGAPORE - The Straits Times Index (STI) started the trading week with a rise of 0.4 per cent or 12.96 points to 3,303.66 after markets closed on May 13, making it one of the few better-performing ...

Posted on 13/05/2024

Singapore’s Lawrence Wong retains finance chief post after becoming PM

SINGAPORE -- Singapore's incoming leader, Lawrence Wong, will remain as finance minister after he becomes prime minister on Wednesday, according to the new cabinet lineup released Monday, as he ...

Posted on 13/05/2024

Singapore cabinet reshuffle: continuity in focus with veteran Gan Kim Yong to be Lawrence Wong’s deputy

Gan is likely chosen as DPM due to his close working relationship with Wong as co-chair in the Covid-19 government taskforce, an analyst says.

Posted on 13/05/2024

Singapore PM-Designate Wong Sticks With Old Guard in Reshuffle

Singapore’s incoming Prime Minister Lawrence Wong picked Trade Minister Gan Kim Yong as his deputy, keeping the cabinet of outgoing premier Lee Hsien Loong largely intact.

Posted on 13/05/2024

DPM Wong to remain as Finance Minister after becoming PM

Deputy Prime Minister (DPM) Lawrence Wong will retain his position as Finance Minister, after becoming Prime Minister (PM), according to the Prime Minister's Office (PMO)'s announcement on the Cabinet ...

Posted on 13/05/2024

Gan Kim Yong to become new DPM in Singapore’s Cabinet reshuffle; no changes of ministerial portfolios

MINISTER for Trade and Industry Gan Kim Yong will be promoted to Deputy Prime Minister (DPM) come May 15, alongside current DPM Heng Swee Keat, in a Cabinet reshuffle with few other major changes.

Posted on 13/05/2024

Gan Kim Yong to become DPM in Singapore Cabinet changes

Lawrence Wong, who announced the appointment of Mr Gan, said that continuity and stability are "key considerations" as the government approaches the end of its current term.

Posted on 13/05/2024

Flipkart mulls moving HQ to India ahead of IPO: Report|

Flipkart contemplates relocating domicile to India reflecting a trend of established startups returning home for regulatory alignment and IPO readiness. The move, if executed, could also result in tax ...

Posted on 13/05/2024

Singapore steps up investment in tourism human capital

Recognising that human capital is a crucial component of a successful tourism industry, Singapore has intensified its investments in capability development, with a compressed training and ...

Posted on 13/05/2024

With IPO in mind, Flipkart may move domicile from Singapore to India

Walmart-owned e-commerce firm Flipkart is reportedly planning to move its domicile back from Singapore to India, according to industry sources. The company, valued at $33 billion, may provide a ...

Posted on 13/05/2024

Shein steps up London IPO preparations amid U.S. hurdles to listing, sources say

By Julie Zhu, Greg Roumeliotis and Kane Wu HONG KONG/NEW YORK (Reuters) -Fast-fashion giant Shein is stepping up preparations for a London listing after its attempt to float itself in New York faced ...

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