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Tag: ipo

Posted on 09/03/2023

DBS chief Gupta’s pay climbs 13% to S$15.4 million as bank profit soars

SINGAPORE — DBS Group Chief Executive Piyush Gupta earned ... That included a cash bonus of S$5.8 million, his salary of S$1.5 million as well as deferred pay, the Singaporean bank's latest annual ...

Posted on 09/03/2023

Stock Market Live: Sensex and Nifty 50 likely to open flat tracing global cues

Indian equity benchmarks NSE Nifty 50 and BSE Sensex are expected to make a flat start on Thursday tracing global markets. Singapore Exchange Nifty futures, an early indicator of the Nifty index, ...

Posted on 09/03/2023

Nifty to extend gains or fall below 17,700? Check US, Asia stocks, SGX Nifty, FII/DII data, more before market opens

Indian benchmark indices are likely to open on a flat note, hinted SGX Nifty. Here are eight key things to know before the share market opens for trade on Thursday.

Posted on 09/03/2023

Singapore pursuing three strategies for sustained, moderate growth: DPM Wong

As an advanced economy with a small labour force that already sees high employment levels, it is an “economic imperative” that Singapore relies on productivity to drive economic growth moving forward, ...

Posted on 09/03/2023

China’s SHEIN set to raise US$2 billion, eyes US IPO later this year

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 ...

Posted on 09/03/2023

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 ...

Posted on 09/03/2023

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 ...

Posted on 08/03/2023

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 ...

Posted on 08/03/2023

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 ...

Posted on 08/03/2023

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.

Posted on 08/03/2023

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 ...

Posted on 08/03/2023

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 ...

Posted on 08/03/2023

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.

Posted on 08/03/2023

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.

Posted on 08/03/2023

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 ...

Posted on 07/03/2023

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 ...

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