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Tag: ipo

Posted on 29/11/2023

Monetary Landscape of Singapore: Central Bank Chief Dismisses Role for Private Cryptocurrencies

The Chief of Singapore's central bank has unequivocally stated that private cryptocurrencies are unwelcome within the country's monetary framework ...

Posted on 29/11/2023

Wellington Management develops its Singapore wealth offering

Wellington Asia Quality Income Fund: The Wellington Asia Quality Income Fund, which is mainly involved in businesses that are based in or heavily engage in business in the Asia ex-Japan region, is ...

Posted on 29/11/2023

Singapore’s M&L Healthcare sells new diabetes-related treatment to Nasdaq firm for $334 million

M&L Healthcare is a family-owned investment fund founded by shipping tycoon Michael Kum and his wife Lynda. Read more at straitstimes.com.

Posted on 29/11/2023

Nearly 8 in 10 of Singapore’s wealthiest investors will divest from non-sustainable firms

Financially abundant investors prioritise ESG and sustainability factors the most when investing. ESG has further climbed up the ladder of priorities of Singapore’s wealthiest or “financially abundant ...

Posted on 29/11/2023

Singapore-based think tank raises red flags on Maharlika

The Maharlika Investment Fund (MIF) has a “strong legal framework,” but has potential risks such as the possible misuse of funds and a lack of accountability, according ...

Posted on 29/11/2023

Income Investing: How A Consistent Income Stream Can Help Fight Inflation And Manage Market Volatility

Income investing can provide both a safety buffer and the opportunity for growth in an unpredictable and high-inflation environment.

Posted on 29/11/2023

Shein IPO Is In the Works: What You Need to Know

The initial public offering (IPO) world is buzzing on news Singapore-based fast-fashion retailer Shein has filed confidential paperwork to go public in the U.S. While details are sparse, reports ...

Posted on 29/11/2023

Shein’s IPO Plan to Fuel Scrutiny Over Cotton, Roots in China

Fast-fashion retailer Shein has a lot of work to do to convince skeptics that the runway is clear for it to launch an initial public offering next year.

Posted on 29/11/2023

Shein’s IPO could raise billions. Here’s what to know about the secretive Chinese-founded retailer.

A stock sale "will shine a spotlight on the business model and financials" of the fast-fashion giant about which little is known, said one analyst.

Posted on 28/11/2023

Reddit leads class of 2024 IPO candidates testing the water

Kim Kardashian’s Skims underwear label, valued this summer at US$4 billion, is discussing strategic options including an IPO.

Posted on 28/11/2023

Singapore stocks extend decline amid mixed regional trading; STI down 0.7%

SINGAPORE shares fell on Tuesday (Nov 28 ... but the potential decline in interest rates is not sparking the typical positive response in the stock market. “Investors may be harbouring concerns that ...

Posted on 28/11/2023

China’s Shein files for US IPO in major test for investor appetite -sources

By Kane Wu and Anirban Sen (Reuters) -Fashion company Shein has confidentially filed to go public in the United States, according to two sources familiar with the matter, in what is likely to be one ...

Posted on 28/11/2023

Singapore FIs Show More Caution in Adopting BaaS, AI, and Embedded Finance

Singapore's financial institutions have demonstrated a mix of resilience and cautiousness in adopting new banking technologies.

Posted on 28/11/2023

Buzzy Business: This Singapore-Based Startup Raised $28 Million To Grind Flies Into Farm Food

Nutrition Technologies specializes in animal feed and fertilizers that incorporate a simple, seemingly gross ingredient: black soldier flies.

Posted on 28/11/2023

Fashion Retail Giant Shein Reportedly Files for IPO

Singapore-based fashion retailer Shein has filed confidentially with the Securities and Exchange Commission for an initial public offering, according to The Wall Street Journal.

Posted on 28/11/2023

Chinese fast-fashion retailer Shein files for US IPO, sources say

The online retailer, which was founded in China but is now headquartered in Singapore, is working with Goldman Sachs ... a valuation of as much as US$90 billion (S$120 billion) in a US IPO, Bloomberg ...

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