SINGAPORE – Singapore’s state-owned investor ... of the situation said SoftBank Group Corp. is expecting a loss of around US$100 million on its investment. A Temasek representative declined to comment ...
Singapore Market falls 0.28%
At closing bell, the Straits Times Index (STI) index fell 9.11 points or 0.28% to 3,266.77 after trading between 3,258.49 and 3,282.91. Volume was 1.69 billion shares worth S$1.49 billion. There were ...
Singapore stocks fall amid mixed regional showing
Local investors struggled to find any direction in the market on Wednesday amid concerns over a possible escalation of the Ukraine conflict. Read more at straitstimes.com.
IPO funds raised by Southeast Asian companies fall amid economic headwinds
We expect IPO activity to go through cyclical highs and lows, as the market re-calibrates from the pandemic mindset to 'regular programming'," said Tay Hwee Ling, disruptive events advisory leader of ...
Man in SG jailed after withdrawing over S$26,000 from bank accounts; monies traced to US fraud victims
Bhambri Kunal withdrew cash totalling more than S$26,000 (RM86,160) from Singapore bank accounts, which were sums later traced to three fraud victims in the United States.
Kingsmen co-founder Ong raises stake; Japfa in buybacks ahead of subsidiary’s planned IPO
Ong last bought Kingsmen shares more than a year ago although this was via a married deal that also involves fellow co-founder cum chairman Benedict Soh. On March 2, 2021, Ong and Soh acquired 500,000 ...
HSBC opens new head office in Singapore’s MBFC
The new premises are digitally enabled and support new hybrid ways of working for HSBC’s 4,000-strong local workforce.
Singapore-based Payash Capital objects to Arcelor inclusion in Srei bidding
Singapore-based Payash Capital, a 49 per cent stakeholder in Trinity Alternative Investment Managers Limited (TAIML), has opposed the decision of the administrator to include ArcelorMittal as a bidder ...
Singapore’s Sea Has Smaller-Than-Expected Loss on Cost Cuts
Sea Ltd.’s quarterly loss swelled less than analysts had estimated, helped by measures to curtail expenses as the Singapore online company’s growth slows.
Singapore Finance Ministry: Payouts to offset GST hike to start in Dec with cash handouts of up to S$700 for eligible Singaporeans
About 2.9 million adult Singaporeans will receive up to S$200 (RM665.18) in cash in December, as part of the Assurance Package that the Singapore ...
Recession Is ‘Price We Pay’ For Misreading Inflationary Pressures, Says Singapore Senior Minister
Singapore’s Senior Minister Tharman Shanmugaratnam said ... Tharman said the challenge now is to increase investment and sustain it at higher levels for longer. “The scale of investment required is ...
Funds raised from IPOs in South-east Asia fall amid tough economic conditions
SINGAPORE - The initial public offering (IPO) market in Singapore has not been spared from souring economic conditions that have hit most of the region so far in 2022. Read more at straitstimes.com.
3 Singapore REITs That Announced Acquisitions to Boost Their DPU
If you’re looking for higher distributions, these three REITs should be on your investment radar. The post 3 Singapore REITs That Announced Acquisitions to Boost Their DPU appeared first on The Smart ...
Singapore shipyard eyes 2024 IPO
Singapore shipbuilder Strategic Marine has announced plans to list in 2024. Speaking with The Straits Times, chief executive Chan Eng Yew said proceeds would go to expand production capacity at its ...
Sai Silks gets Sebi nod to float IPO; eyes to raise up to Rs 1,200-crore
The IPO comprises fresh issue of equity shares worth Rs 600 crore and an offer-for-sale of up to 18,048,440 equity shares by promoters and promoter group entities, according to the draft red herring ...
KFin Tech gets SEBI nod to raise ₹2,400 cr via IPO
The capital market regulator, SEBI, has approved ₹2,400 crore initial public issue of KFin Technologies, one of the largest investor solutions provider to mutual funds, based on number of AMC clients ...