The company, which sells cooking oils under the Fortune brand, is expected to float its initial public offering (IPO) this month, they added. AWL is a 50:50 joint venture company between ... ( read original story ...)
Singapore’s UOB to buy Citi retail operations in 4 countries for $3.65 bln
Singapore lender United Overseas Bank (UOB) has agreed to buy Citigroup's consumer businesses in Indonesia, Malaysia, Thailand and Vietnam for about S$4.915 billion ($3.65 billion), funding the ... ( read original story ...)
Singapore’s UOB to buy Citi retail arms in 4 Southeast Asia markets for $3.65 billion
SINGAPORE (Reuters) -Singapore lender United Overseas Bank (UOB) has agreed to buy Citigroup's consumer businesses in Indonesia, Malaysia, Thailand and Vietnam for about S$4.915 billion ($3.65 billion ... ( read original story ...)
Singapore salary insights 2022 for 5 sectors: ICT, banking & finance, manufacturing, and more
A cloud engineer in the ICT sector, with three to five years of credentials, could earn a monthly salary in the range of S$5,000 to S$7,000, while a relationship manager in the banking & finance ... ( read original story ...)
Novo Tellus lodges preliminary prospectus for $150m Spac listing on SGX; Vertex launches Spac IPO
SINGAPORE - Another special purpose acquisition company (Spac) has lodged a preliminary prospectus with the Monetary Authority of Singapore (MAS) for a listing on the Singapore Exchange (SGX). . Read ... ( read original story ...)
Singapore’s Novo Tellus files for local SPAC public offering
Southeast Asian industrial technology buyout fund Novo Tellus Capital Partners has filed for a S$150 million ($111.4 million) special purpose acquisition company (SPAC) IPO in Singapore, making it the ... ( read original story ...)
Singapore Air Gets Cash on Cheap Thanks to Temasek Stake
Singapore Airlines Ltd. became the first carrier to tap the debt market for dollars in 2022, raising funds at a discount to peers thanks to its government backing.Most Read from BloombergCannabis ... ( read original story ...)
3 areas in financial statements Singapore companies must improve on
This was according to a study conducted by professors from NTU and SMU. A study commissioned by the Accounting and Corporate Regulatory Authority (ACRA) pointed to a room for improvement in the ... ( read original story ...)
Singapore Airlines raises $808 million in US dollar bond offering
The bond deal will help fund aircraft purchases and repay existing borrowings as the airline grapples with lower travel demand. . Read more at straitstimes.com. ( read original story ...)
Startup accelerator F10 to incubate early-stage blockchain startups in Singapore with Klaytn Foundation
Fintech startup accelerator F10 will partner with Klaytn Foundation to launch an Incubation Program in Singapore. The program will support early-stage startups built on Klaytn, a blockchain platform ... ( read original story ...)
Growing green talent, green finance and combatting greenwashing among MPs’ suggestions for climate action
SINGAPORE: Helping Singaporeans seize green jobs, making the country a green financing hub and fighting greenwashing were among the topics raised in a debate on a parliamentary motion that was passed ... ( read original story ...)
Letting the Air Out of Online Travel’s IPO Bloat
I'm thinking about Elizabeth Holmes' conviction in the Theranos fraud trial when contemplating the market caps of online travel companies. ( read original story ...)
Singapore IPO Tikams for 2020 and 2021
I realized that I “missed out” on the Singapore IPO Tikams in 2020, and the last post was written in 2019 where I made a grand zero dollars that year. You can assess all the prior ... ( read original story ...)
Fraud victims often have to bear burden of funds lost if they gave scammers bank details: Lawyers
SINGAPORE - Victims misled into giving out their banking details in phishing scams are often responsible for the funds lost, especially if bank information technology systems are up to mark and not ... ( read original story ...)
Mayer Brown Bolsters Banking and Finance Practice in Singapore
Soumitro Mukerji, who has nearly 15 years’ experience advising on complex banking and finance matters, said the APAC funds market is witnessing unprecedented growth. Mayer Brown has hired fund finance ... ( read original story ...)
Singapore strengthens corporate governance regime with updates to company laws
SINGAPORE - Companies in Singapore will soon be required to keep registers of nominee shareholders and their nominators, and update their registers within seven days of being informed by the nominee, ... ( read original story ...)