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Tag: ipo

Posted on 07/09/2023

IPO-Bound Ola Electric Bags $140 Mn At $5.4 Bn Valuation From Temasek, Others

Ola Electric has signed an agreement to raise $140 in a funding round led by Temasek with participation from other existing investors.

Posted on 06/09/2023

Global Investor Programme: We Simplify Singapore’s Golden Visa

It is probably for this reason that the country introduced the Singapore Global Investor Programme (GIP) in 2004, a perfect platform for a non-Singaporean individual to make the city-state their home.

Posted on 06/09/2023

Jupiter Life Line Hospitals IPO: Check day 1 subscription details, latest GMP

J upiter Life Line Hospitals Ltd witnessed strong demand on the first day of its initial public offering. The subscription period began on September 6, 2023, and will conclude on September 8, 2023.

Posted on 06/09/2023

Singapore tax collection up 13.1% to S$68.6 billion in FY22/23, reflects post-Covid recovery

SINGAPORE’S tax revenue for financial year FY 2022/2023 rose 13.1 per cent to S$68.6 billion compared to the year before, reflecting the economic recovery following the end of the Covid-19 pandemic, ...

Posted on 06/09/2023

Singapore well-positioned to weather LNG supply disruption risks, says Shell

The liquified natural gas (LNG) market remains tight but Singapore’s long-term contracts with reliable suppliers should ensure there are no shortages, noted a leading energy sector executive. Read ...

Posted on 06/09/2023

SoftBank’s Arm seeks to raise up to US$4.87 billion in anticipated IPO

Arm will offer 95.5 million American depositary shares for US$47 to US$51 each, the company said in a filing Tuesday.

Posted on 06/09/2023

Singapore bank DBS raises $1.5 bln in two US dollar bond tranches-term sheet

Singapore's DBS Group has raised $1.5 bln in two U.S. dollar bond tranches, according to a term sheet reviewed by Reuters.

Posted on 06/09/2023

Green Finance: 2 newly launched Hong Kong-based registries to boost carbon credits trade in Asia, founders say

Two Hong Kong-based and Asia-focused carbon registries launched recently will help to lower barriers for the trading of credits claimed by projects aimed at reducing greenhouse gas emissions in the ...

Posted on 06/09/2023

Economists Cut Singapore 2023 Growth Forecast, MAS Survey Shows

SINGAPORE--Experts surveyed by Singapore's central bank again ... They cut growth forecasts for the finance and insurance sector to 0.7% from 1.3%, and for the construction sector to 6.8% from 7.0%.

Posted on 06/09/2023

GASTECH-Natural gas market better supplied this winter, Chevron exec says

SINGAPORE, Sept 5 (Reuters) - The natural gas market is better supplied heading into this winter compared with last year amid fairly high stock levels, Colin Parfitt, Chevron's president of midstream, ...

Posted on 06/09/2023

Singapore’s New President Does Not Imply a Mandate for the PAP

Tharman Shanmugaratnam’s landslide victory may seem like an endorsement of the ruling People’s Action Party (PAP), but is better seen as a reflection of his personal popularity.

Posted on 05/09/2023

Singapore-based Evergreen Group Holdings to invest $7.5m in K-Pop company Attrakt

Singapore-based Evergreen Group Holdings has revealed plans to invest about 10 billion South Korean won (approx. USD $7.5 million) in K-Pop entertainment agency Attrakt. That’s according to multiple ...

Posted on 05/09/2023

Singapore Narrowly Averts Recession In First Half Of 2023

GDP estimate for 2023 was revised down to 0.5% yoy compared with the advance estimate of 0.7% yoy. The service sector economy is expected to be more resilient, boosted by the continued recovery of ...

Posted on 05/09/2023

Singapore shares fall amid declines across Asia-Pacific, STI down 0.4%

Losers outnumbered gainers 286 to 274 as 1.2 billion shares worth $656.2 million changed hands. Read more at straitstimes.com.

Posted on 05/09/2023

Ryde Group Ltd. Files For $17 Million U.S. IPO

Summary Ryde Group Ltd. has filed for an IPO to raise $17.25 million in gross proceeds. The Singapore-based firm operates a platform for car-pooling and ride-hailing services. Ryde is experiencing ...

Posted on 05/09/2023

Asia Oil & Gas Latest: Refining ‘Crying Out’ for Investment

which entered its second day in Singapore. Attendees at APPEC by S&P Global Commodity Insights will also have an opportunity to reflect on Russia’s war in Ukraine, and the transition away from fossil ...

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