We feature four Singapore REITs that managed to pull off a DPU increase despite facing headwinds. The post 4 Singapore REITs That Reported Year-on-Year DPU Increases appeared first on The Smart ...
Inflation top concern for Singapore investors
Inflation and the increase in the cost of goods and services (86%) remain the biggest financial concern in 2023 across all ages for Singapore respondents surveyed and analyzed in the 2023 Wealth ...
Temasek-Backed STT GDC Is Said to Mull $1 Billion Pre-IPO Round
A digital infrastructure provider backed by Singapore’s state-owned investment firm Temasek Holdings Pte is considering raising as much as $1 billion in a funding round before its potential initial ...
ST Telemedia’s GDC is said to mull US$1 billion pre-IPO round
ST Telemedia Global Data Centres has held talks with potential advisers on the fundraising as it’s keen to bring in strategic investors, the people said. The funding round would help set a valuation ...
Singapore bank OCBC posts record quarterly profit, flags rates peaking
Singapore's second-biggest lender Oversea-Chinese Banking Corp (OCBC) reported on Wednesday a better-than-expected 39% jump in first-quarter profit from a year earlier on the back of strong net ...
Losing Streak Likely To Continue For Singapore Stock Market
The Singapore stock market has moved lower in three straight sessions, slipping more than 25 points or 0.8 percent along the way. The ...
Singapore bank OCBC posts record quarterly profit, upgrades margin guidance
Singapore's second-biggest lender Oversea-Chinese Banking Corp (OCBC) reported on Wednesday its best-ever quarterly profit and upgraded its net interest margin guidance for the full year on the back ...
Olam Agri’s Singapore-Saudi $1.3 billion dual listing may launch as early as June: Sources
The dual IPO in Singapore and Saudi Arabia would make Olam Agri the first company to list in both countries. Read more at straitstimes.com.
Nexus Select Trust REIT IPO:Issue subscribed 28% on Day 1; Non Institutional Investors steal the show; check details
The issue that opened for subscription on Tuesday, May 9, and closes on Thursday, May 11. For the proposed IPO, the company has set the price range at ₹95 to ₹100 per equity share.
Olam Agri’s Singapore-Saudi $1 billion dual listing may launch as early as June – sources
Agri-food giant Olam Group aims to launch in June the dual initial public offering (IPO) of its agricultural unit that could raise up to $1 billion in Singapore and Saudi Arabia, two sources with ...
Condom Maker Surges 23% in Mumbai Debut After a $529 Million IPO
Mankind Pharma Ltd. rallied 32% on its first day of trading in Mumbai after raising 43.3 billion rupees ($529 million) in one of India’s largest initial public offerings of the year.
Blackstone’s Nexus Select Trust IPO:Non Institutional Investors show interest so far; check details
The issue that opened for subscription on Tuesday, May 9, and closes on Thursday, May 11. For the proposed IPO, the company has set the price range at ₹95 to ₹100 per equity share.
Singapore Wealth Fund Sees More Growth in Fintech After Downturn
Singapore’s sovereign wealth fund said it still sees more growth in the financial technology sector, even after a downturn that’s sent startup valuations plummeting as investors turn away from riskier ...
Nexus Select Trust raises Rs 1,440 cr from anchor investors; to hit market with Rs 3,200 cr REIT IPO on May 9
As per the regulatory filing on Monday, Nexus Select Trust has raised Rs 1,440 crore from anchor investors, which included many mutual fund and insurance companies.
Najib’s trial: Ex-banker says 1MDB’s US$2.3b ‘investment’ had zero economic benefits, only to prevent fraud detection
Swampillai agreed that this US$2.318 billion purported investment had absolutely “no benefit” to 1MDB, and agreed with the benefit of hindsight that it was to carry out further fraud by evading ...
Singapore may vote on soaring rent as locals feel real estate price pinch
Singapore's Finance Minister Lawrence Wong said, in Singapore, the prime minister has to be a real estate agent while acknowledging that prices have soared ...