It’s all systems go for Converge ICT’s initial public offering of up to P41.55 billion after getting the nod of the Philippine Stock Exchange late Wednesday. ( read original story ...)
Factbox: Russian IPOs in times of crisis
The initial public offering (IPO) of Russian shipping giant Sovcomflot is the first major stock exchange flotation in Moscow in three years as deals were held back by political uncertainties and the ... ( read original story ...)
Converge ICT secures PSE approval for P41-B IPO
The Philippine Stock Exchange (PSE) has given the go-ahead for Converge ICT Solutions Inc. to proceed with its P41.55-billion initial public offering (IPO) later this month. ( read original story ...)
Singapore’s CapitaLand launches 2030 sustainability master plan, aims to triple sustainable finance portfolio to S$6b
CapitaLand Ltd unveiled its first sustainability master plan today that focuses on its sustainability targets, strategies and plans until 2030.Under the plan, clear environment-related targets are ... ( read original story ...)
Singapore Businessman Charged With $558 Million Wirecard Fraud
(Bloomberg) -- Singapore authorities charged the director of a local accounting firm with fraud for falsely claiming his company held 475.5 million euros ($558 million) on behalf of disgraced German ... ( read original story ...)
Singapore bank lending falls for 6th straight month in August: MAS data
Bank lending in Singapore in August fell for the sixth straight session over the month, preliminary data from the Monetary Authority of Singapore showed on Wednesday (Sept 30). This was largely driven ... ( read original story ...)
A three-pronged plan to secure Singapore’s role in SE Asia
The Covid-19 pandemic has offered a timely reminder of both the limitations and the advantages of Singapore’s size, location and geopolitical positioning. The short-term impact from coronavirus will ... ( read original story ...)
Commentary: Forces of climate action are reshaping finance in Singapore and around the world
It’s easy to think of climate change as distant issue that would affect other countries, when Singapore, at first sight, does not seem prone to extreme weather events such as the recent flooding in ... ( read original story ...)
Prawn meat maker in Singapore gets venture funding for new plant
Cell-based seafood producer Shiok Meats of Singapore has received US$12.6 million in Series A funding —the latest alternative protein company to raise money as the pandemic pressures global ... ( read original story ...)
Singapore Bourse May Crack Resistance At 2,500 Points
The Singapore stock market has climbed higher in two consecutive trading days, collecting more than 30 points or 1.3 percent along the way. The Straits Times Index now sits just above the 2,480-point ... ( read original story ...)
Singapore residents can report change of address online from Oct 1
From October 1, all Singapore citizens and Permanent Residents who need to report a change of residential address will be able to complete the process online, said the Immigration and Checkpoints ... ( read original story ...)
UTI garners Rs 645 crore from anchor investors ahead of IPO
UTI Asset Management Company on September 28 has raised Rs 644.64 crore from several anchor investors ahead of its IPO opening tomorrow. "Under anchor investors portion in the public issue of UTI ... ( read original story ...)
Breakingviews – Toshiba’s pulled chip IPO is tip of its worries
The reason for Kioxia’s decision to pull its $3.2 billion initial public offering on the eve of pricing depends on who you ask. The world’s second largest maker of flash memory chips said it was down ... ( read original story ...)
Wilmar’s China unit IPO raises $2.8 billion amid oversubscription of shares
SINGAPORE (THE BUSINESS TIMES) - The long-awaited initial public offering (IPO) of Wilmar International's China unit, Yihai Kerry Arawana (YKA), has successfully raised about 13.93 billion yuan ... ( read original story ...)
South Korea entertainment shares surge as K-pop sensation BTS’ label prices IPO at top end of range
Shares of Big Hit Entertainment, the music label behind global K-pop phenomenon BTS, were priced on Monday at the top end of the range ahead of its highly-anticipated market debut. ( read original story ...)
Govt to move Singapore court against Vodafone order: FinMin sources
Finance Ministry sources said that the government is seeking legal opinion on its future course of action, including challenging the award by filing of an application before the appropriate court in ... ( read original story ...)