SINGAPORE] Bursa-listed Hong Leong Bank (HLB) – a subsidiary of Malaysian tycoon Quek Leng Chan’s Hong Leong Financial Group (HLFG) – on Monday (May 26) announced it has formed a strategic alliance ...
Groww files confidential DRHP with SEBI to launch IPO, targets $7-8 billion Valuation
Sources have indicated that Groww is likely to opt for a conservative IPO valuation ranging between $7-8 billion, factoring in current market sentiment and volatility.
Groww IPO: Stock broking firm files DRHP via confidential filing route for up to $1 billion public issue
The company has filed for an IPO valued between USD 700 million to USD 1 billion via a confidential pre-filing route. The funds will support technology and business expansion. The firm has seen rapid ...
Groww files confidential IPO papers with SEBI
Moneycontrol had exclusively reported on May 15 that Groww was set to file confidentially for an IPO with SEBI within two weeks, and was simultaneously raising $150 million from Singapore-based GIC as ...
Singapore’s ComfortDelGro will bid for Melbourne’s rail line as it takes its public transport model global
Ten to 14 years ago we were not even in the position to bid for this contract,” ComforDelGro CEO Cheng Siak Kian said in an interview with Fortune.
Singapore PM Wong to attend Asean Summit in Kuala Lumpur from Monday (May 26), his first regional meet since taking office
Singapore Prime Minister and Minister for Finance Lawrence Wong will travel to Kuala Lumpur from Monday (May 26) to attend the 46th Asean Summit and related meetings.
Reit privitisation unsurprising amid higher-for-longer interest rates, but investment opportunities remain: SGX equities head
SINGAPORE] Real estate investment trusts (Reits) being taken private is unsurprising as the sector is facing some challenges, but investment opportunities are still there for those “willing to look ...
Billionaires, tycoons choose Singapore to set up charity foundations
Some of the richest people in the world, such as American hedge fund billionaire Ray Dalio, Indonesian coal king Low Tuck Kwong and Brazil-born Facebook co-founder Eduardo Saverin, have set up ...
Recession-Proof Stocks To Invest In On The SGX
Sheng Siong, Sembcorp Industries and SPDR Gold Shares are some companies and ETFs that will likely remain resilient during a recession ...
25 years after investing big in biomedical sector, Singapore has tasted some success but the big league remains elusive
Despite world-class infrastructure and billion-dollar investments, Singapore’s biomedical sector remains under the radar. As the nation nurtures homegrown startups and pushes for commercial success, ...
Singapore’s MAS says chief didn’t say US dollar assets are irreplaceable
Singapore’s central bank said both cyclical and structural factors can affect the pricing and confidence in US dollar assets, adding that its managing director didn’t say earlier this week that dollar ...
Singapore jails mastermind behind US$10.9 million fake wine investment scheme
Eldric Ko, who was on the run for 13 years, offered a venture that purported to source wine from French suppliers and sell the product to investors.
‘Replicating Singapore’s path’: Ambani to double bet to Rs 75,000 cr, Adani to invest Rs 50,000 cr in Northeast
India’s corporate giants Reliance Industries and Adani Group on Thursday announced massive new investment commitments for the Northeast, signalling a bold push to transform the region into an economic ...
Mukesh Ambani pledges Rs 75,000 crore for North-East, sees ‘Singapore-like success’; Gautam Adani to invest Rs 50,000 crore
Reliance Industries and Adani Group have pledged substantial investments of Rs 75,000 crore and Rs 50,000 crore respectively, at the Rising Northeast Investors Summit 2025.
More companies, including some from Singapore, eye listings in Hong Kong
Singapore biotech firm Mirxes began trading in Hong Kong on May 23 at a valuation exceeding US$1 billion. Read more at straitstimes.com. Read more at straitstimes.com.
Trust Bank’s FY2024 net interest income soars 124.7% to S$72.8 million; losses narrow
SINGAPORE] Trust Bank on Friday (May 23) reported net interest income of S$72.8 million for the financial year ended Dec 31, 2024, up 124.7 per cent from S$32.4 million a year ago. Read more at The ...