HNA Commercial Reit is on the lookout for arrangers for its Singapore IPO, after Bank of America Merrill Lynch walked away from the deal. But the real estate investment trust’s search will not be easy. Bulge bracket firms are under scrutiny for any ties ... ( read original story ...)
Singapore’s GIC, Canadian pension fund to invest S$1.5 billion in Hollywood talent agency: Report
The Canada Pension Plan Investment Board and Government of Singapore Investment Fund are limited partners ... potentially postponing a long-rumoured IPO. Silver Lake has invested US$750 million in WME-IMG in two rounds, first into WME in 2012, and again ... ( read original story ...)
Technology Ranked as Singapore’s Strongest Sector in July
NetLink NBN Trust NetLink NBN Trust designs, builds, owns and operates the passive fibre network infrastructure of Singapore’s Next Gen NBN, made its trading debut on the Mainboard on 19 July. The trust contributed IPO market capitalisation of $3.2 ... ( read original story ...)
Aramco Pits London Against New York as Saudis Pick IPO Venue (1)
Tokyo and Singapore Exchanges in both Asian cities made aggressive pitches to Saudi authorities for the IPO, though neither Japan nor Singapore consumes as much crude oil as China. A listing in Japan, where Aramco owns shares in a refiner as well as ... ( read original story ...)
Morgan Lewis gains approval from Law Society to operate in Hong Kong
This year the China team has closed five IPOs in a diverse set of industries, including a $180 million IPO on the Hong Kong Exchange and collaborated with the firm’s Singapore office on multiple dual-listings on the Singapore and Hong Kong exchanges. ( read original story ...)
Luxury Pavilion – Alibaba’s exclusive hi-tech offering to its biggest spenders
SEE ALSO: JD.com registers first profits since IPO, continues plans to rival Alibaba Both Alibaba ... SEE ALSO: Online fashion store Dressabelle acquired by Singapore’s iFashion for $5.5m Artificial intelligence and big data frameworks embedded into ... ( read original story ...)
DBS, OCBC CEOs amongst LinkedIn’s power profiles
The Power Profiles 2017 names the most viewed professionals on LinkedIn in Singapore. The site noted that they utilised ... DBS CEO Piyush Gupta as well as OCBC Bank Chief Samuel Tsien were amongst the top CEO profiles. Meanwhile, Lazada CEO Maximilian ... ( read original story ...)
DBS Q2 profit rises 8.5 pct on robust loan growth
SINGAPORE, Aug 4 (Reuters) - DBS Group Holdings, Singapore's biggest lender, reported an 8.5 percent increase in quarterly profit that came in line with market expectations, boosted by strong loan growth. DBS, the last local bank to post results ... ( read original story ...)
UPDATE 1-Singapore’s DBS Q2 profit up 8.5 pct on loan growth, flags pressures on asset quality
SINGAPORE, Aug 4 (Reuters) - Singapore's biggest lender, DBS Group Holdings, reported an 8.5 percent increase in quarterly profit that came in line with market expectations, boosted by strong loan growth, but the bank flagged pressures on asset quality. ( read original story ...)
Uber Knowingly Rented Dangerous Honda Vezels to Singapore Drivers even after One Caught Fire
Uber knew there was an overheating problem with the Honda Vezels they were importing to Singapore to lease to private-hire drivers, but they simply threw caution to the wind. Even when one of the Honda Vezels caught fire, Uber executives simply hushed up ... ( read original story ...)
97 smuggled star tortoises to return home
These animals were smuggled to Singapore around six months ago. Customs officials in Singapore, however, seized and sent these endangered species to Animal Concerns and Research Education Society (Acres) there. Wildlife SOS and the Karnataka Forest ... ( read original story ...)
Iran’s oil exports to China to rise to 11-month high in August – loadings
TOKYO/SINGAPORE, Aug 3 (Reuters) - Iran's oil exports to China may rise to the highest in 11 months in August as demand for heavier Iranian crude increased after the country cut its prices, two sources with knowledge of the matter said on Thursday. ( read original story ...)
Growth in S’pore private sector edges up
Growth in Singapore's private sector picked up last month although ... but at a pace that is below the average seen so far this year. This was despite new export sales increasing at the strongest pace since the survey started nearly five years ago, buoyed ... ( read original story ...)
Man fined for smuggling ivory products into Singapore
A 33-year-old Vietnamese national, Do Trong Hoang, was fined $10,000 on Wednesday (Aug 2) for smuggling ivory products into Singapore, the Agri-Food ... AVA warned that it is an offence to illegally import/export, possess, sell, offer/advertise for ... ( read original story ...)
Singapore Area Coordinator receives electric powered vehicles in an effort to reduce carbon emissions
Singapore Area Coordinator (SAC ... utilizing green energy helps reduce dependence on foreign imports like oil. By utilizing more green energy sources, military installations worldwide can dramatically reduce their need to spend money importing coal ... ( read original story ...)
NFA awards 250K-MT rice imports
has officially awarded import rights to six Southeast Asian bidders for the 250,000 metric tons (MT) of rice to boost the country’s dwindling buffer stock. NFA said it has issued notice of award to the four companies from Vietnam, one from Singapore and ... ( read original story ...)