SINGAPORE: A man came close to losing S$250,000 (US$185,000) after falling prey to scammers posing as a bank staff member and a police officer. The 56-year-old first received a call from a scammer ...
Great Eastern independent directors advised to recommend OCBC US$1 billion offer
The independent directors of Singapore's Great Eastern have been advised to recommend that minority shareholders accept a S$1.4 billion ($1.03 billion) offer from the insurer's top investor Oversea-Ch ...
Crypto platform to pay US$4.5 billion in SEC deal
Singapore-based crypto platform Terraform Labs PTE Ltd. and its founder, Do Hyeong Kwon, have agreed to pay US$4.5 billion after a jury found that them liable for fraud involving crypto trading that ...
Bonds Are Beating Bitcoin as Doubts Gather Over Crypto Rebound
Bitcoin retreated after setting a record of $73,798 in March and rallies back toward the peak have repeatedly fizzled.
Best 10 Online Slots Singapore Casinos For Real Money Games
The landscape of online slots in Singapore is more exciting than ever. With so many casinos vying for your attention, how can you find the right platform? No worries — our expert reviews will help ...
Jail for man who cheated six victims of over $108k in ticketing and investment scams
David Chua also made off with $22,400 from customers of the travel agency he worked at in 2019. Read more at straitstimes.com.
OCBC’s offer to Great Eastern shareholders “not fair but reasonable”; shareholders should accept it: EY
OCBC’s offer to buy the remaining shares of Great Eastern from minority investors is “not fair but reasonable”, said independent financial adviser Ernst & Young Corporate Finance on June 14. Read more ...
OCBC’s final offer of $25.60 for GEH is ‘not fair but reasonable’ says EY; advises shareholders to accept
EY advises shareholders to accept the offer, or sell their shares if they can offer a higher price than the offer price.
Great Eastern Adviser Supports OCBC’s $1 Billion Takeover Bid
Great Eastern Holdings Ltd.’s independent financial adviser said it supports a S$1.4 billion ($1 billion) offer by Oversea-Chinese Banking Corp. to take full control of the Singapore-based insurer.
OCBC privatisation deal for Great Eastern is not fair but reasonable, says IFA
In response to the offer, the Securities Investors Association (Singapore) commended OCBC for its proactive response to feedback from minority shareholders of GEH. Meanwhile, former remisier Ong Chin ...
Income Insurance and Allianz hold ‘transaction’ talks, latest possible Singapore insurance M&A
This news follows OCBC’s $1.4 bil offer to fully acquire Great Eastern, and Sumitomo’s acquisition of Singlife.
Singapore’s Great Eastern asks shareholders to accept OCBC’s $1 bln offer
June 14 (Reuters) - Singapore's Great Eastern Holdings on Friday asked its shareholders to accept a S$1.4 billion ($1.03 billion) offer from Oversea-Chinese Banking Corp to buy the remaining stake in ...
Singapore’s Income Insurance in talks with Allianz on potential deal, no details
Singapore's Income Insurance Ltd said on Friday it is in talks with Allianz about a possible tie-up, saying only that any potential deal related to its shares. The statement suggests Allianz could ...
Bars, restaurants in Singapore gear up for Euro 2024 crowds
SINGAPORE: Football fever is set to hit Singapore this weekend as Euro 2024 kicks off in Germany, with food and beverage (F&B) outlets gearing up for the crowds during the month-long tournament from ...
Singapore stocks book net retail inflow of S$1.01 billion year to date, see significant bank outflows in Q2
SINGAPORE stocks booked net retail inflow of S$1.01 billion in the 2024 year to Jun 13, with significant bank outflows in the second quarter. Read more at The Business Times.
Allianz Is Said to Weigh Deal With Singapore’s Income Insurance
Allianz SE and Singapore-based Income Insurance Ltd. are in talks about a possible tie-up, people familiar with the matter said.