SINGAPORE: DBS Group has agreed to buy a 13 per cent stake in privately-owned Shenzhen Rural Commercial Bank Corp (SZRCB) for 5.29 billion yuan ... ( read original story ...)
Singapore’s DBS to buy stake in bank in China’s tech hub
Singapore's biggest bank will buy a 13% stake in Shenzhen Rural Commercial Bank Corp for S$1.1 billion, joining global competitors pushing into China as the country opens its financial market. DUBAI ... ( read original story ...)
Singapore’s DBS Bank to acquire 13 pct stake in Shenzhen Rural Commercial Bank
Singapore-headquartered DBS Group Holdings Ltd (DBS Group) announced on Tuesday that its wholly-owned subsidiary, DBS Bank Ltd (DBS Bank), has entered into an agreement to subscribe for a 13 percent ... ( read original story ...)
Lucky Me! maker Monde Nissin’s IPO gets SEC clearance
Food maker Monde Nissin Corporation, the owner of Lucky Me! brands, has secured the thumbs-up of the Securities and Exchange Commission (SEC) to proceed with its plan to raise more than P60 billion in ... ( read original story ...)
SEC clears Monde Nissin’s P72.45-billion IPO
Monde Nissin aims to run the public offering from May 17 to 21 and list on the Philippine Stock Exchange on May 31 ... ( read original story ...)
Singapore businessman Ng Yu Zhi linked to alleged $1 billion fraud faces more charges
He is said to have raised the money from investors, purportedly to finance nickel trading.. Read more at straitstimes.com. ( read original story ...)
Weekend flash floods show that Singapore needs to invest more to deal with effects of climate change, says minister
Flash floods over the weekend showed that even after Singapore has spent S$2 billion (RM6.2 billion) to improve drainage over the last decade, it still needs to invest more to deal with the effects of ... ( read original story ...)
Jaime Taylor joins Chaucer Singapore’s Political Risks and Credit team
Taylor will join the team as a class underwriter, bringing nearly 20 years of experience to the position. Specialty insurance group Chaucer has appointed Jaime Taylor to its Singapore operations as a ... ( read original story ...)
Green Pulse Podcast: Understanding Singapore’s potential to lead in carbon services
The Straits Times analyses the beat of the changing environment, from biodiversity conservation to climate change.. Read more at straitstimes.com. ( read original story ...)
Deutsche Bank Establishes Emerging Market FX Trading Engine in Singapore
Deutsche Bank, a leading German financial services provider, is replacing its London-based global FX pricing engine for emerging markets. ( read original story ...)
Singapore: Econ Healthcare raises S$13.5m with Singapore IPO
Econ Healthcare has returned to the public equity markets with an IPO on the SGX that raised S$13.5m (US$10.12m). It offered 50 million shares on the Catalist Board at a price of S$0.28 per share. The ... ( read original story ...)
7 Ways to Legally Reduce Income Tax in Singapore (2021)
Singapore has a variety of different tax relief initiatives ... For example, if you are transitioning from an administrative role into finance, and you have taken a course that will help you in your ... ( read original story ...)
S’pore trails in Asia-Pacific’s first-quarter IPO bonanza
SGX has one new listing - Aztech Global - as region's exchanges see 200 IPOs raising $46b. Read more at straitstimes.com. ( read original story ...)
ThaiBev puts beverage unit IPO in Singapore on ice
Thailand liquor giant Thai Beverage will postpone a proposed initial public offering of its brewery unit, BeerCo, on the Singapore Exchange, the company said Friday, citing a resurgence of coronavirus ... ( read original story ...)
Will the Darktrace IPO race out of the blocks?
UK cyber security company Darktrace has announced its intention to list in London in the coming weeks. Read our preview. ( read original story ...)
Singapore’s largest bank aims for zero thermal coal exposure by 2039
Piyush Gupta, chief executive of Singapore's DBS Group Holdings, says the bank will immediately stop taking on new clients that derive more than 25% of their revenue from thermal coal. ( read original story ...)