GAMING-RELATED company Winking Studios is planning to raise S$8 million through an initial public offering (IPO) on the Singapore Exchange (SGX) Catalist, it announced on Wednesday (Nov 8). Read more at The Business Times.
Shein targets up to US$90 bil valuation in US IPO, sources say
Shein was the world’s third most valuable startup in 2022, when a funding round valued the company at US$100 billion.
Shein reportedly seeks $90 billion valuation in IPO
Shein has seen big swings in its price tag over the last year. The Singapore-headquartered fast fashion platform is targeting a valuation of up to $90 ...
Shein targets up to US$90 billion valuation in US IPO, sources say
In private trades, Shein’s valuation has dropped below the US$66 billion it got in a funding round in May. Read more at straitstimes.com.
OCBC digital banking and payment services down; bank says there appears to be ‘intermittent slowness’
SINGAPORE: Some customers were unable to use OCBC's app and PayNow service on Tuesday (Nov 7), with the bank citing "intermittent slowness". OCBC acknowledged the issue on its app in a notice on its ...
Singapore shares fall at Tuesday’s open; STI down 0.8%
SINGAPORE shares struggled to advance at Tuesday’s (Nov 7) open as banks and other index counters started the morning trading session in the red. Read more at The Business Times.
Singapore Shares Due For Profit Taking On Tuesday
The Singapore stock market has moved higher in six straight sessions, collecting more than 115 points or 4 percent along the way. The ...
IPO Roundup: Hamilton Insurance Group, Shimmick and more
The IPO market has experienced a rollercoaster ride in recent ... expected to price between $8-$10 per share. Description: Singapore-based consulting firm. Elate Group (ELGP) is raising up to $5.8M at ...
What you need to know about Singapore’s proposed investment management regime
The regime will apply to local and foreign investors. The Ministry of Trade and Industry (MTI) has introduced a bill that will set out a new investment management regime for entities critical to ...
NoonTalk Media left with $1.78 mil of IPO net proceeds
NoonTalk says the utilisation of its net proceeds are in accordance with the intended use of proceeds from the IPO, and that it will continue to make periodic announcements on the utilisation of the ...
How Singapore is positioning itself as Asia’s carbon hub
Singapore has long boasted a sterling reputation as a trading powerhouse, the go-to hub in Asia for those looking to trade oil, gas, minerals, metals and other commodities. But recently, a new product ...
Singapore to look into corporate culture provision for company boards: Ravi Menon
SINGAPORE will assess the introduction of a new provision in its corporate governance code to establish good company culture, Monetary Authority of Singapore (MAS) managing director Ravi Menon said. Read more at The Business Times.
Overbought Singapore Stock Market Called Higher Again On Monday
The Singapore stock market has moved higher in five straight sessions, collecting more than 80 points or 2.7 percent along the way.
Singapore’s Lee Hsien Loong says he will step down as early as next year
Singapore Prime Minister Lee Hsien Loong has announced he will hand over the leadership of the ruling People’s Action Party (PAP) before the 2025 general elections. Lee, 71, said on Sunday that he ...
Singapore PM says succession to happen before next election
Singapore Prime Minister Lee Hsien Loong announced Sunday he will hand over power to a younger generation of leaders before the 2025 general elections.
Singapore Deputy Prime Minister Lawrence Wong to lead ruling party before general election
With the PAP widely expected to continue dominating elections, Wong is likely to become Singapore's next prime minister.