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Tag: stock market

Posted on 25/07/2024

Singapore stock market doesn’t need global champions, just big ambitions

SOME months ago, a reader wrote in to lament the dearth of global champions on the Singapore Exchange. Excepting local bank DBS and flag-carrier Singapore Airlines, he said, there were no global ...

Posted on 24/07/2024

Ola Electric’s $740 mn IPO likely in August, targeting $4-4.25 billion valuation

Bhavish Aggarwal-led Ola Electric, which is backed by Japanese investment major Softbank, is gearing up to launch its widely-anticipated initial public offer as early as in the first fortnight of ...

Posted on 24/07/2024

Singapore stocks open lower on Wednesday—STI dipped by 0.4%

SINGAPORE: Singapore stocks opened lower on Wednesday, July 24, mirroring mixed performances in the US... The post Singapore stocks open lower on Wednesday—STI dipped by 0.4% appeared first on The Ind ...

Posted on 23/07/2024

“Investing” in Singapore Lottery? The Math Behind Toto and 4D in Singapore

That's how much one lucky punter walked away with in May 2024—the largest prize money won from a single ticket in the history of Singapore lottery. *low whistle* The thought of taking part sure is ...

Posted on 23/07/2024

ValueMax’s Malaysia associate company Well Chip IPO jumps 42%

KUALA LUMPUR] Shares of Johor-based pawnbroker Well Chip Group, an associate company of Singapore Exchange-listed ValueMax Group, soared over 40 per cent in its initial public offering (IPO) debut in ...

Posted on 23/07/2024

Singapore Bourse May Find Support On Tuesday.

The Singapore stock market has moved lower in three straight sessions, sinking more than 50 points or 1.5 percent in that span. The ...

Posted on 23/07/2024

This Week’s South Florida Deal Sheet: Singapore REIT Sells Boca Raton Office For Loss

One Town Center was 99.7% leased in the first quarter, according to an investor presentation from Prime US REIT reported by the South Florida Business Journal. It had a $85M valuation with a 7% ...

Posted on 23/07/2024

Our Heritage: How Did OCBC, Singapore’s Oldest Local Bank, Become One Of The Biggest In Southeast Asia?

OCBC, Singapore oldest local bank, is also one of the biggest banks in Southeast Asia. Here's the journey of this Singapore bank and how it grew.

Posted on 22/07/2024

Asia Deal Digest: A&G, A&O Lead on Billion Dollar JV Deals, Hong Kong IPOs Pick Up But Deal Values Remain Small

Two Singapore deals are some of the region's largest transactions ... The largest initial public offering (IPO) in the city this year was that of Chinese tea firm Sichuan Baicha Baidao Industrial, ...

Posted on 22/07/2024

Tesla’s Elon Musk praises Singapore’s ‘brilliant’ first PM Lee Kuan Yew for Changi Airport

Elon Musk shared a blog lauding Lee Kuan Yew’s foresight in developing Changi Airport, which has been named the world’s best airport 12 times by London-based research firm Skytrax.

Posted on 22/07/2024

U Mobile eyes RM2.3b IPO in 2025, set to be Malaysia’s largest in nearly eight years

Malaysian mobile data service company U Mobile is planning a domestic initial public offering (IPO) that is expected to raise more than US$500 million ...

Posted on 22/07/2024

Ten Years Of Tiger: A Founder’s Vision For Investing, And The Decade To Come

Currently, Singapore clients represent the largest share of our ... and the number of trading clients grew nearly threefold. There are variations in investor behaviour and preferences in different ...

Posted on 22/07/2024

Singapore’s Golden Energy secures $1.1 billion to buy Australian coking coal assets: Sources

Company was delisted from SGX last year after successful $2.23 billion offer by majority owner Indonesia’s Widjaja family. Read more at straitstimes.com.

Posted on 22/07/2024

Singapore consortium secures $850m for South32’s Australian coking coal

A consortium led by Singapore’s Golden Energy and Resources has secured $850 million to buy South32’s Australian coking coal assets, two sources told Reuters, as private credit continues to fill a ...

Posted on 21/07/2024

Me and My Money: From national swimmer and Olympian to diving into the finance industry

Bryan Tay sees some of his investments in fitness studios as a way to pay it forward. Read more at straitstimes.com.

Posted on 21/07/2024

1 in 5 Singaporeans cut back on digital banking due to spike in identity verifications

The report also revealed that Singaporeans have a low tolerance for inefficiency in digital banking, with many abandoning applications that have over 10 questions.

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