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Tag: ipo

Posted on 07/11/2023

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.

Posted on 07/11/2023

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 ...

Posted on 07/11/2023

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.

Posted on 07/11/2023

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 ...

Posted on 07/11/2023

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 ...

Posted on 06/11/2023

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 ...

Posted on 06/11/2023

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 ...

Posted on 06/11/2023

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 ...

Posted on 06/11/2023

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.

Posted on 06/11/2023

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.

Posted on 05/11/2023

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 ...

Posted on 05/11/2023

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.

Posted on 05/11/2023

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.

Posted on 04/11/2023

Top Stock Market Highlights of the Week: Singapore Post, US Federal Reserve and DBS Group

Welcome to this week’s edition of top stock market highlights. Singapore Post, or SingPost, is expanding its integrated logistics network with the acquisition of Border Express (BEX) for a maximum ...

Posted on 03/11/2023

Singapore shares rally for second straight day after rate pause; STI up 2%

THE Straits Times Index (STI) rose 2 per cent or 61.17 points for the day to 3,143.66 points, and wrapped up the five-session trading week at 2.7 per cent higher than the week before. Read more at The ...

Posted on 03/11/2023

Singapore Market May Crack Resistance At 3,100 Points

(RTTNews) - The Singapore stock market has inched higher in four straight sessions, collecting more than 20 points or 0.7 percent along the way. The Straits Times Index now sits just above the ...

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