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Tag: ipo

Posted on 08/08/2023

Singapore’s $150M pledge to transform FinTech landscape

Singapore has firmly established itself as a thriving hub ... to the tokenization of assets and the implementation of institutional-grade Decentralized Finance (DeFi) protocols. This collaboration ...

Posted on 07/08/2023

China or India? How to invest in the coming Asia boom

China is the world’s ­second-largest economy, featuring a massive consumer market and advanced manufacturing. India has friendlier relations with the West and a young workforce. Its economy is ...

Posted on 07/08/2023

Retail investors are getting bullish on the Singapore stock market: Moomoo Singapore

According to Moomoo Singapore, 70% of survey respondents think they will trade Singapore stocks in the next six months.

Posted on 07/08/2023

Guide To Buying US T-Bills For Singapore Investors

In July 2023, the US Federal Reserve raised benchmark interest rates to the 5.25%-5.50% level. This was the 11th rate hike in under 18 months – driving up interest rates up from the 0.25% to 0.50% ...

Posted on 07/08/2023

Parallels between Grand Slam tennis and the Singapore stock market

I tuned in to some Grand Slam tennis, the French Open, on television. Even though it was the latter stage of the tournament, when matches are expected to be more exciting and stakes higher, the ...

Posted on 05/08/2023

Singapore bank OCBC second-quarter earnings rise; sees rate cuts from 2024

Singapore's second-biggest lender Oversea-Chinese Banking Corp (OCBC) on Friday posted a 34% rise in second-quarter net profit, in line with estimates, while flagging it expected interest rates to ...

Posted on 05/08/2023

Singapore’s Temasek To Invest Rs 1,200 Crore In M&M’s EV Business, Acquire Nearly 3 Per Cent Stake

Mahindra & Mahindra (M&M) on Thursday said that Singapore's sovereign wealth fund, Temasek Holdings Pvt Limited, will be investing up to Rs 1,200 crore in its electric vehicle (EV) business at a ...

Posted on 05/08/2023

George Goh ‘made a mistake’ about role of the CIO in investment management businesses: Ng Kok Song

SINGAPORE: Mr Ng Kok Song has said that his fellow presidential hopeful George Goh is mistaken about the role of the CIO in an investment management company. "I think Mr Goh made a mistake. He thinks ...

Posted on 05/08/2023

Temasek to invest Rs 1,200 crore in M&M’s EV subsidiary

As per the agreement, Temasek will invest Rs 1,200 crore in the form of Compulsorily Convertible Preference Shares ('CCPS') at a valuation of up to Rs 80,580 crore, resulting in Temasek’s ownership ...

Posted on 04/08/2023

Singapore bank OCBC Q2 earnings rise; sees rate cuts from 2024

Singapore's second-biggest lender Oversea-Chinese Banking Corp (OCBC) on Friday posted a 34% rise in second-quarter net profit, in line with estimates, while flagging it expected interest rates to ...

Posted on 04/08/2023

When has the Singapore President’s approval been sought to tap into past reserves?

The Singapore President has powers to approve or reject requests to tap into past reserves. When have such instances come up?

Posted on 03/08/2023

Temasek to invest in Mahindra EV unit at $9.8 bln valuation

Singapore investment firm Temasek will take up to a 3% stake in Mahindra and Mahindra's electric vehicle unit at a valuation of up to $9.8 billion, the latest investment in the Indian automaker as it ...

Posted on 03/08/2023

Temasek to invest ?1200 Cr in Mahindra’s electric arm at Rs 80,580 Cr valuation

After the fund infusion, Temasek will have a shareholding in MEAL ranging from 1.49-2.97% of the paid-up share capital on a fully diluted basis. On Thursday, Mahindra Electric Automobile Ltd (MEAL), ...

Posted on 03/08/2023

Temasek to invest 1200 Cr rupees in Mahindra’s electric arm

After the fund infusion, Temasek will have a shareholding in MEAL ranging from 1.49-2.97% of the paid-up share capital on a fully diluted basis.

Posted on 03/08/2023

Temasek to invest Rs 1,200 crore in Mahindra’s electric vehicle subsidiary

Temasek, a global investment firm, has announced that it will invest Rs 1,200 crore in Mahindra’s EV subsidiary. With this investment, MEAL’s valuation goes up by 15 percent from up to Rs 70,070 crore ...

Posted on 03/08/2023

Singapore yet to receive new proposals from Malaysia to revive HSR project

SINGAPORE has yet to receive any new proposals from Malaysia to develop a high-speed railway (HSR) between Kuala Lumpur and Singapore, said Acting Minister for Transport Chee Hong Tat in Parliament on ...

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