Some 67% of personal investors in the country currently hold cryptocurrencies, with 78% owning Ethereum while 69% have Bitcoin, and 67% say the COVID-19 pandemic promoted them to invest more. ( read original story ...)
HSBC Inks US$575 Million Deal To Acquire AXA Singapore’s Insurance Assets
HSBC said that it has entered into an agreement to acquire 100% of AXA Insurance issued share capital in Singapore for US$575 million. ( read original story ...)
These investors will make a killing in the Ixigo IPO
Ixigo filed draft papers for the share sale on Friday. The biggest beneficiary will be venture capital and growth equity firm Elevation, previously SAIF Partners, with a 12-fold jump in its ... ( read original story ...)
Barclays Private Bank’s Singapore Head on Laser-Guided Wealth Management for Asia’s UHNW Clientele
Evonne Tan is the recently appointed Head of Barclays Private Bank, Singapore. In this new role, she will focus on building on the collaboration between the Private Bank and Barclays Corporate and ... ( read original story ...)
Ixigo IPO to shower Elevation Capital, other investors with manifold returns
IPO, for which draft papers were filed recently, will multiply the decade-long investment of venture capital and growth equity firm Elevation Capital by about 12 times ... ( read original story ...)
Ahead Of Proposed IPO, Ola Gets CCI Approval For Multiple Investments Worth $500 Million
Ahead of its proposed initial public offering (IPO), ride-hailing platform Ola has got the approval from the Competition Commission of India (CCI) for investments worth over Rs 3,700 crore. The CCI ... ( read original story ...)
Singapore’s Olam picks London for food ingredients unit listing
Commodity trader Olam International said on Friday it would seek a primary listing for its food ingredients business in London and a concurrent secondary listing in Singapore by the first half of next ... ( read original story ...)
Time for Singapore ETFs?
Singapore's economy expanded 14.7% year over year in the second quarter of 2021, compared with an advance estimate of a 14.2% expansion and a final 1.5% gain in the first quarter. ( read original story ...)
Exclusive-Olam seeking about $3 billion for London IPO of food ingredients unit – sources
Olam has said it is seeking a concurrent secondary listing in Singapore for OFI by the first half of 2022. Two of the sources said Olam had appointed Citigroup, Credit Suisse, HSBC, JPMorgan and ... ( read original story ...)
GEN Singapore 2H income likely flat amid crisis: Nomura
Banking group Nomura said in a Friday note it expected Genting Singapore Ltd, operator of the Resorts World Sentosa (RWS) casino complex (pictured in a ) in Singapore, to record second-half earnings ... ( read original story ...)
Singapore’s shift to Sora from Libor quickens as contracts jump fourfold
Banks in Singapore are embracing a new benchmark for derivatives transactions as the financial hub prepares to transition away from Libor by the end of September.. Read more at straitstimes.com. ( read original story ...)
Olam picks London and Singapore for listing of food ingredients arm; first-half profit up 26.7%
SINGAPORE - Agri-food giant Olam International is seeking an initial public offering (IPO) of its food ingredients arm, Olam Food Ingredients (OFI), on the premium segment of the London Stock Exchange ... ( read original story ...)
Olam picks London for food ingredients IPO
Olam International has picked London for the initial public offering of its multibillion-pound food ingredients business, as the Singapore-based agricultural trading house looks to tap growing ... ( read original story ...)
Travel platform ixigo files for Rs 1,600-crore IPO
AI-based travel app ixigo is looking to raise Rs 750 crore in primary fundraise and Rs 850 crore via an offer for sale from existing investors as part of its initial public offering, according to the ... ( read original story ...)
DBS Bank Gets Greenlight From Singapore Regulator to Provide Crypto Services
The brokerage arm of Singapore’s DBS Bank has received approval “in principle” from the country’s financial regulator to begin offering crypto services to asset managers and companies. DBS Vickers ... ( read original story ...)
Ravi Thakran’s Turmeric Capital said to consider Singapore SPAC listing
Tumeric Capital, the Singapore-based PE firm led by former L Catterton Asia head Ravi Thakran, is reportedly exploring listing a SPAC in Singapore. ( read original story ...)