Hello, everyone. Here are three things about the local stock market that you might be interested in today. 1. The Straits Times Index (SGX: ^STI), ended Wednesday at 3,533.99 points, down 14.75 points or 0.42%. CapitaLand Commercial Trust (SGX: C61U) lost ... ( read original story ...)
LY Corp debuts at 28.5 S cents on Catalist, 9.6% higher than IPO price
at 28.5 Singapore cents, a 9.6 per cent gain from its 26 cents initial public offering (IPO) price. As at 9.07am on Wednesday, the counter was trading at 29 Singapore cents apiece. Some 4.89 million shares changed hands. LY Corp is the first to launch an ... ( read original story ...)
Hong Kong vs Singapore: which is your best bet for a banking job in 2018?
As hiring in Singapore and Hong Kong heats up this bonus season, we reveal which city has the most banking jobs across nine key functions. https://news.efinancialcareers.com/sg-en/306704/hiring-asian-banking-chinese-new-year/ If you’re looking for a ... ( read original story ...)
Singapore downgrades hygiene rating of Michelin-star outlet after 43 get food poisoning symptoms
SINGAPORE, Jan 30 (Reuters) - A Michelin-star restaurant in Singapore has been hit with a hygiene downgrade by health authorities after more than three dozen guests at a wedding reception fell ill, having eaten food prepared by its kitchen staff. The 43 ... ( read original story ...)
Renewed Selling Pressure Tipped For Singapore Shares
The Singapore stock market on Monday snapped the two-day slide in which it had surrendered more than 40 points or 1.2 percent. The Straits Times Index now rests just above the 3,575-point plateau although it figures to head south again on Tuesday. ( read original story ...)
Sembcorp Industries planning IPO for India unit to raise $500-600 million
Mumbai: Singapore-based utility group Sembcorp Industries is gearing up to file for an initial public offering (IPO) of its Indian arm which could see the company raise around $500-600 million (about Rs3,200-3,800 crore), two people aware of the ... ( read original story ...)
HNA’s Former Singapore Partner Is Said to Revive IPO Work
Davos WEF 2018: Paytm To Sell Loans, Insurance As It Builds Three-Stack Model, Says Vijay Shekhar Sharma What Dalal Street Wants From Budget 2018 NSE’s Limaye Says Options Open To Stop Futures Trade From Moving To Singapore Budget 2018: Between A (Fiscal ... ( read original story ...)
Week in Review: Luye May Stage $500 Million Singapore IPO of Healthcare Assets
Luye Medical, the healthcare arm of Luye Life Sciences, is considering an IPO in Singapore that could raise as much as $500 million (see story). The company has assembled a portfolio of businesses, largely through M&A, consisting of hospitals, clinics and ... ( read original story ...)
HNA’s former Singapore partner is said to revive REIT IPO work
(Jan 26): AEP Investment Management Pte has resumed work on a long-delayed Singapore initial public offering of its property assets after Chinese conglomerate HNA Group Co terminated its participation in the listing, people familiar with the matter said. ( read original story ...)
Singapore Joins Dual-Class Shares Club, Wooing Tech IPOs
(Bloomberg) -- Singapore Exchange Ltd. said it allow companies with dual-class share structures to list, a month after Hong Kong announced a similar proposal, as competition between markets for technology listings becomes increasingly fierce. SGX will ... ( read original story ...)
LY Corporation Limited to debut as the first IPO on SGX-ST in 2018
"We are encouraged by the strong investor interest in the IPO, which reflects confidence in LY ... Trading in the Company's shares on the Catalist Board of the Singapore Exchange Securities Trading Limited (SGX:1H8) is expected to commence at 9.00 a.m ... ( read original story ...)
Route Mobile files IPO papers with SEBI, to raise around Rs 600 cr
The IPO comprises a fresh issue of up Rs 350 crore and an offer ... issue proceeds for investment in subsidiaries for purchase of office premises in London and Singapore; purchase of business process outsourcing centre in Noida and general corporate ... ( read original story ...)
Singapore exchange to allow dual-class shares for IPOs
Singapore’s stock exchange will allow companies to list with dual-class shares this year, as bourses battle to attract more blockbuster initial public offerings. The decision, which followed a consultation with the market, comes only weeks after the Hong ... ( read original story ...)
“Deluded” bankers in Singapore and Hong Kong still asking for big pay rises
Candidates are much too aggressive when they negotiate pay with me. I recruit in-house for a big US bank in Singapore and Hong Kong. I think the Asian job market is better than it was last year and salaries are generally on the up, even in the back office. ( read original story ...)
Singapore Bourse Poised To End Losing Streak
The Singapore stock market has finished lower in consecutive trading days, sliding more than 40 points or 1.2 percent along the way. The Straits Times Index now rests just above the 3,565-point plateau although it's expected to stop the bleeding on Monday. ( read original story ...)
Money FM 89.3 DJs juggle finance with family
As the morning show hosts on Money FM 89.3, Singapore Press Holdings Radio's new finance-focused station, their workday begins at 4.30am. Said Jonkers: "It is not easy when one person in the relationship has to wake up so much earlier, with the alarm ... ( read original story ...)