Tag: ipo

Following the Singapore Budget live can be difficult, especially for those of you who are stuck in the office rushing out some work deadlines for your uncompromising boss. At the same time, not all announcements would be relevant to you, the average ... ( read original story ...)

Singapore’s Finance Minister Heng Swee Keat outlined a set of targeted measures in his budget speech to help the struggling oil industry and spur construction. The government will bring forward S$700 million ($494 million) worth of infrastructure ... ( read original story ...)

Singapore’s effort to score the 2018 listing of state oil giant Saudi Aramco – expected to be the world’s biggest initial public offering – is the latest show of its ambition to develop an elite global exchange, but analysts say a lack of liquidity ... ( read original story ...)

(Photo by Suhaimi Abdullah/Getty Images) Singapore Finance Minister Heng Swee Keat is to deliver his second Budget Statement in Parliament today (Monday, 20 Feb) at 3:30pm. The budget for fiscal year 2017, which starts from April to March, will address the ... ( read original story ...)

Singapore's three finance companies are sleepy no more. The prices of all three rocketed as much as 32 per cent the past two days from Monday after the Monetary Authority of Singapore said it was relaxing rules on finance companies to spur them to ... ( read original story ...)

The Monetary Authority of Singapore (MAS) has opted to relax current rules regarding how finance companies provide loans to SMEs and startups. At the moment, a finance company faces a cap of 10% of capital funds for total uncollateralised lending ... ( read original story ...)

Singapore's trade-driven economy rose faster than thought in 2016 but concerns over a "lack of clarity" on US President Donald Trump's policies could hit growth this year, the government said Friday. The economy expanded 2.0 percent in 2016, powered by a ... ( read original story ...)

Hong Kong and Singapore are at it again. The Asian financial hub rivals are reviving a debate on dual-class shares as global competition for the hottest initial public offerings intensifies. Singapore is a few steps ahead. Prime Minister Lee Hsien Loong ... ( read original story ...)

Singapore is a few steps ahead. Prime Minister Lee Hsien Loong last week gave his approval to dual-class shares and other measures proposed by a panel to drive economic growth. The city-state’s stock exchange yesterday started a public consultation, a ... ( read original story ...)

Worried about its competitiveness as an IPO destination, Singapore has moved to re-examine its position on dual-class shares, and last year SGX's Listings Advisory Committee gave the stock exchange the green light to allow companies to list with such ... ( read original story ...)

SINGAPORE (Reuters) - Oversea-Chinese Banking Corp, Singapore's second-biggest lender, flagged worries about a weak oil and gas sector after reporting an 18 percent drop in quarterly profit to a three-year low, mainly due to a jump in impairment charges. ( read original story ...)

SINGAPORE: Singapore bank DBS Group Holdings posted its lowest quarterly profit in two years as provisions for soured loans to the city-state’s oil services industry surged, and it joined smaller rival OCBC in forecasting more pain for that sector. ( read original story ...)

The fund — the first in a series of CapBridge Investment Trust sub-trust funds — wants to give institutional investors greater access to VC-backed companies Growth-stage startups and pre-IPO companies now have a new fund to tap into when raising cash ... ( read original story ...)

(RTTNews.com) - The Singapore stock market jumped higher again on Wednesday, one session after it had ended the three-day winning streak in which it had collected almost 45 points or 1.5 percent. The Straits Times Index now rests just beneath the 3,090 ... ( read original story ...)

In Singapore’s case, the Straits Times Index has jumped by more than 10% from October 2016 to today. What can we learn from these two examples? Firstly, it is quite clear that the performance of the stock market has little in common with the state of the ... ( read original story ...)

The expansion project represents the latest in a series of recent ExxonMobil investments in base stock production, including a previous expansion of capacity at the Singapore refinery ... EMAPPL also serves the commercial market with its industrial ... ( read original story ...)