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Tag: ipo

Posted on 28/07/2023

Singapore home prices fall for 1st time in 3 years as red-hot pace slows

Data from the Urban Redevelopment Authority showed private property values slid 0.2 per cent from the previous three months, when they rose 3.3 per cent.

Posted on 28/07/2023

SG, UK boost cooperation in sustainable finance and fintech

The countries will cooperate on seven key areas. Singapore and the United Kingdom have agreed to further collaborate on joint projects in the areas of sustainable finance and fintech and innovation.

Posted on 28/07/2023

GIC cuts key quant unit in ‘tough’ overhaul of investment teams

The Systematic Investment Group, which had about 30 staff earlier this year, is being reorganized with some team members reassigned to different units while others are leaving to join external quant ...

Posted on 28/07/2023

UPDATE 2-Siltronic sees drop in sales this year of up to 19%, raises investment

Siltronic said it was preparing for its next growth phase by investing in its new Singapore factory, where it plans to produce state-of-the-art 300 mm wafers from 2024. It now plans to invest 1.3 ...

Posted on 27/07/2023

Siltronic Sees Drop in Sales This Year of up to 19%, Raises Investment

(Reuters) - German silicon wafer group Siltronic expects sales to fall up to 19% this year due to weak demand from the semiconductor industry but plans to invest in expansion to prepare for a recovery ...

Posted on 27/07/2023

‘No regrets’: Singapore lecturer sells house to raise $150k to finance 6 students’ university fees

This Singaporean lecturer has certainly gone big by selling his retirement home to raise $150,000 so he could send six students to study in Australia. Frankie Yee, 56, first met the six international ...

Posted on 27/07/2023

50% of young people in Singapore are actively investing: AIA survey

However, young respondents fall short in other areas of investment and financial management, according to the AIA survey. What are they?

Posted on 27/07/2023

ASEAN’s Fintech Sector Attracts US$5.7Billion; Singapore Leads

"In the surge of a $5.7 billion investment wave, Singapore cements its role as the crucial gateway in the ASEAN Fintech landscape.

Posted on 27/07/2023

Singapore investors head for property in Japan on weaker yen, Osaka casino resort bet

The World Expo, an international event held every five years, and the casino resort are expected to boost tourism. Read more at straitstimes.com.

Posted on 27/07/2023

Singapore’s UOB bank Q2 net profit rises 27pc on-year, in line with forecast

Singapore’s United Overseas Bank (UOB) reported today a 27 per cent increase in net profit in the second quarter from a year earlier that is in ...

Posted on 26/07/2023

De-risking from China will lead to a ‘more expensive world,’ warns CEO of Singapore’s $290 billion investment firm: ‘It’s an insurance policy, you pay a premium’

Pillay has served as CEO of Temasek since October 2021; he was previously head of the state-owned investor’s international division. Temasek Holdings is Singapore’s state-owned investment company and ...

Posted on 26/07/2023

Singapore-headquartered Mirxes secures US$50 mil in Series D funding; files listing application with HKEx

Singapore-headquartered Mirxes Holding Company has successfully secured US$50 million ($66.3 million) in its Series D funding round.

Posted on 26/07/2023

Singapore biotech Mirxes files for Hong Kong IPO after raising $66 million

SINGAPORE - Cancer diagnostics company Mirxes has applied to Hong Kong’s stock exchange for an initial public offering (IPO), potentially becoming the first company based outside of China and Hong ...

Posted on 26/07/2023

DBS Group: A Solid Bank, But Limited Catalysts In The Near Term

DBS' strong position, robust capital, & positive long-term growth outlook make it a top-performing bank in Singapore, with a reasonable dividend yield of over 5%. Read more here.

Posted on 26/07/2023

Singapore High Court Declares Crypto as Property in Case Involving Bybit

Singapore’s High Court has recognised crypto as a property capable of being held on trust, in a case involving Seychelles-based exchange Bybit and a contractor, according to a court judgement ...

Posted on 26/07/2023

Ant Group plans restructuring, paving way for Hong Kong IPO – Bloomberg News

Jack Ma's Ant Group is planning a restructuring that will break off some non-core operations of its China financial-related business, Bloomberg News reported on Tuesday.

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