Chinese online fashion retailer SHEIN is set to raise around US$2 billion in a new funding round this month and is aiming for a US listing in the second half of this year, three people with knowledge ...
Credit Suisse, Mizuho join banks on US$1 billion Olam Agri IPO
Most of the offerings were in Saudi Arabia and the UAE. By comparison, Singapore hasn’t had a US$1 billion IPO since 2017, according to data compiled by Bloomberg. Listings in the city have raised ...
ESR Group receives initial go-ahead for IPO of C-REIT
ESR Group receives confirmation from Hong Kong Exchange to proceed with IPO of C-REIT on Shanghai Stock Exchange ...
China’s SHEIN set to raise $2 bln, eyes US IPO later this year -sources
It was not immediately clear if SHEIN is planning to officially seek Chinese regulatory approval for its IPO. In recent years, the company has made a Singapore firm its de facto holding company and Xu ...
34% of investment professionals in SG expect private capital market to worsen
Some, however, said it will be about the same. More than three in 10 (34%) investment professionals in Singapore believe that the private capital market will be “somewhat worse” in 2023, data from ...
Singapore’s Sea Group turns profitable for the first time
Tech giant Sea posted a quarterly profit for the first time as the company pledged to move towards profitability last quarter.
Sea sails past growth vs. profitability debate
Singapore technology giant Sea on Tuesday reported its first ever quarterly profit, beating regional tech firms like GoTo and Grab to the punch. The almost $1 billion swing from a fourth-quarter loss ...
Stock Market Live: Sensex and Nifty 50 poised for a lower start, Asian indices in the red
Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open lower mirroring the moves across global markets. Singapore Exchange Nifty futures, an early indicator of the Nifty index, was ...
Pockets of uptrend in Singapore stock market
Singapore-listed companies operating in industries from real estate to commodities say business conditions will get tougher this year as demand slows and costs continue to rise.
Babel Finance Files for Moratorium, Works on New Stablecoin to Repay US$$766M Loss
Crypto lender Babel Finance has filed applications in the Singapore High Court to buy more time from its creditors for up to six months.
China Life Singapore Wins “Most Innovative Life Insurance Company” in International Finance Awards 2022
Pte. Ltd. ("China Life Singapore" or "the Company") has won an award in 2022 International Finance Awards for Most Innovative Life Insurance Company - Singapore 2022. Established in 2015, China Life ...
Singapore: Man arrested for allegedly cheating former colleagues into making fake investments
A 37-year-old man was arrested on Monday for his suspected involvement in a series of investment scams that saw his former colleagues cheated of their money. He allegedly offered them investment deals ...
SMFL MIRAI Partners, Kenedix and ARA jointly invest in 50% interest in Singapore commercial building through an ARA-managed fund
SMFL MIRAI Partners Company, Limited (President: Tatsurou Terada; hereafter, "SMFL MIRAI Partners"), a consolidated subsidiary of Sumitomo Mitsui Finance and Leasing Company, Limited (President: ...
Man arrested for allegedly cheating former colleagues into making fake investments
A 37-year-old man was arrested on Monday for his suspected involvement in a series of investment scams that saw his former colleagues cheated of their money. Read more at straitstimes.com.
Pockets of growth can be found in S’pore stock market despite pressure on earnings, dividends
Earnings support for some Singapore-listed companies will come from the opening up of the Chinese economy. Read more at straitstimes.com.
Babel Finance Files Moratorium Application in Singapore High Court
For the purpose of this announcement, "Babel Finance" refers to Babel Holding Limited and certain of its subsidiaries and related parties.