It has set aside about 3.5 million more shares for underwriters of its IPO to buy. Flex plans to retain a majority stake in the business that it bought for $330 million in 2015. Flex is based in ...
Why China’s ‘crazy’ mega-rich are moving their wealth, and partying, to Singapore
Beijing’s crackdowns on tech billionaires and tax-shy celebrities, plus three years of zero-Covid, have led many affluent Chinese to relocate to the city state, where some are shelling out US$800,000 ...
Mega-rich from China seek refuge in Singapore
SINGAPORE: Singapore is seeing an influx of ultra-wealthy families from China looking to protect their wealth from a Communist Party that increasingly views them with suspicion.
Singapore investment deals pick up in early 2023 but bite-sized deals prevail
Tang: Fully-funded family offices could position themselves for opportunistic buys, or move up the risk curve to look at core plus or value-add assets (Photo: Samuel Isaac Chua/EdgeProp Singapore]The ...
China’s mega-rich move their wealth, and partying, to Singapore
Singapore is seeing an influx of ultra-wealthy families from China looking to protect their wealth from a Communist Party that increasingly views them with suspicion. Other Chinese tycoons fear the ...
Singapore Is Not Exactly The Switzerland Of Asia When It Comes To Financial Services
Singapore and Switzerland are often compared as two sides of the same coin, but how close are their approaches to fintech in reality?
Keppel O&M’s US provisions hit Singapore conglomerate’s bottom line
Keppel Infrastructure is developing Singapore’s first hydrogen-ready combined-cycle gas turbine power plant, as well as exploring carbon capture, utilisation and sequestration solutions with industry ...
Stock Market LIVE Updates: Sensex jumps over 400 pts, Nifty above 17,700; Titan rallies 5%, Adani Transmission tumbles 10%
The most significant trend in the market so far in 2023 is the big underperformance of India compared to other markets. While S&P 500 is up 8.8% YTD Nifty is down 3.23% YTD. This ...
Singapore chamber says pro-SME budget offers opportunities in India
Describing India's budget for the financial year 2023-24 as a pro-business and pro-SME friendly, the Singapore Indian Chamber of Commerce and Industry (SICCI) on Friday said it provides many collabora ...
Commentary: Singapore must clear the roadblocks for driverless cars
SINGAPORE: Investors have poured more than US$200 billion (S$261 billion) into autonomous vehicle (AV) technology and smart mobility since 2010. Multiple countries and companies are vying for a piece ...
Market LIVE Updates: SGX Nifty futures indicate a muted start for Sensex and Nifty 50
Indian equity benchmarks BSE Sensex and NSE Nifty50 are expected to remain muted on the last trading day of the week amid mixed cues from global markets. Singapore Exchange Nifty futures, an early ...
CytoMed Therapeutics sets terms for downsized $11M US IPO
Incorporated in Singapore with operations in Malaysia, CytoMed is a developer of cell-based immunotherapies for the treatment of cancer. CytoMed first filed for an IPO in November, seeking to raise ...
MAS and Brunei Darussalam Central Bank sign MOU to deepen cooperation in financial supervision
The MOU will facilitate the effective supervision of banks and insurers operating across the two jurisdictions.
Top Fintech VC QED Investors Hires Singapore Based Principle to Focus on Southeast Asia Market
QED Investors has appointed Melissa Ho as its lead in Southeast Asia as the Fintech VC focuses on the hot Asian market.
F&B brand owner YKGI raising $16.6 mil to fund expansion plans
We spoke to YKGI's CEO and marketing director, Seah Qin Quan and Seah Kun Miao, to find out more about their IPO and other plans.
Syngene rakes in $131 mn from Singapore’s GIC
Singapore’s sovereign wealth fund GIC on Wednesday invested ... Other participants include Goldman Sachs, Abu Dhabi’s sovereign wealth fund Abu Dhabi Investment Authority, Canada’s second-largest ...