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Tag: stock market

Posted on 06/08/2024

Singapore’s EDBI and SEEDS Capital merge to form new government investment entity, SG Growth Capital

Beyond bringing more collaboration opportunities between local and foreign companies, SG Growth Capital will look to develop deeper expertise in startup financing, venture building, and deep tech ...

Posted on 06/08/2024

Payments, Crypto Sectors Dominate Singapore Fintech Deals Amid Declining Investments

The first half of 2024 showed notable resilience in Singapore's fintech market, with deal activity increasing by 19 percent.

Posted on 06/08/2024

Ola Electric IPO subscribed 115% on Day 3 so far. Check GMP and other key details

The initial public offering (IPO) of Ola Electric has been subscribed 1.15 times as of the third day of the bidding process. The issue was fully subscribed by the end of day 2.The issue attracted bids ...

Posted on 06/08/2024

Ola IPO waits to cross the line ; FirstCry’s anchor book sets off

Ola Electric Mobility’s initial public offering (IPO) of Rs 6,146-crore — the largest in two years — closes on Tuesday. Amid a selloff in the global market, subscription for the maiden share sale by ...

Posted on 06/08/2024

Markets bid to recover from brutal sell-off but fears linger; Singapore share index down 0.7%

SINGAPORE - Margin calls pushed the Singapore market further south on Aug 6 even as other Asian ... “Now is the best time to pick up the favourite stock you’ve been eyeing for a while, at a valuation ...

Posted on 06/08/2024

$8.5 trillion wiped out from global stock markets but are recession fears premature?

The pillars that had underpinned financial-market gains for years have been shaken. Read more at straitstimes.com.

Posted on 06/08/2024

FirstCry IPO: Issue subscribed 2% on Day 1, employees buy 44% of allocated portion

Marquee institutional investors including Government of Singapore, Monetary Authority of Singapore ... aims to raise Rs 4,193.73 crore through an initial share sale. The IPO is a combination of fresh ...

Posted on 06/08/2024

Sembcorp to invest $700 million in green urban initiatives; first-half profit down 11%

It announced an interim dividend of six cents per share, which will be paid on Aug 22. Read more at straitstimes.com.

Posted on 06/08/2024

Firstcry IPO: Retail platform raises ₹1,886 crore in anchor book round ahead of public issue

According to the exchange filing, the company has allocated 4,05,55,428 equity shares to 71 anchor investors at the upper price band of ₹465 per equity share with face value of ₹2 per share.

Posted on 06/08/2024

OLA Electric IPO GMP declines further! What grey market premium signals for Bhavish Aggarwal’s EV company

The initial share sale received bids for 49,43,63,610 shares against 46,51,59,451 shares on offer, translating into 1.06 times subscription, according to the NSE data.

Posted on 06/08/2024

Ola Electric IPO sails through on Day 2. Check GMP

The initial public offering of Ola Electric was fully subscribed on the second day. Retail investors' portion was oversubscribed 2.86 times and non-institutional investors' portion 1.09 times.

Posted on 05/08/2024

Ola Electric IPO subscribed 64% in 2 days. Check GMP and other details

The IPO comprises a fresh issue of Rs 5,500 crore and an offer ... The company lowered its valuation in its last funding round in September led by Singapore’s investment firm Temasek, which valued it ...

Posted on 05/08/2024

UOB prices A$1 billion in bonds, the largest-ever conventional single-tranche issuance by a Singapore issuer in Australia

SINGAPORE, Aug. 5, 2024 /PRNewswire/ -- UOB Sydney Branch has priced A$1 billion in four-year senior unsecured notes due 2028. The notes were priced on Friday (2 Aug) at the Bank Bill Swap Rate (BBSW) ...

Posted on 05/08/2024

Singapore gets Big Pharma rush to invest in plants for aging region

SINGAPORE -- Large investments from some of the world's biggest drugmakers are pouring into Singapore as companies seek to expand production in the city-state and access broader Asia, one of the ...

Posted on 04/08/2024

Afcom Holdings IPO: 129% GMP per share – Check subscription last date

The company is involve in carriage freight from airport to airport. It has been flying cargo flights to ASEAN nations such as Singapore, Indonesia, and Brunei, mainly Singapore.

Posted on 04/08/2024

Hong Kong’s Wealth Comeback: Chinese Rich Return After Singapore Cracks Down on Money Laundering

Hong Kong is welcoming back its wealthy Chinese residents with open arms. After years of millionaires leaving the city, about 200 high-net-worth individuals are expected to return this year. This ...

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