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Tag: stock market

Posted on 25/06/2024

IPO screener: Allied Blenders issue opens today at ₹267-281 price band

Allied Blenders IPO offers equity shares through Book Building Process, with a price band of ₹267-281. IPO opens on June 27.

Posted on 25/06/2024

Singapore pips Hong Kong as world’s most expensive city to live ‘extremely well’

Singapore retained the title, with London and Shanghai in third and fourth place, respectively. Monaco rounded out the top five. Shanghai dropped one spot from last year while London climbed one place ...

Posted on 25/06/2024

Foxconn to invest $383 mln in Vietnam circuit board plant, says state media

Foxconn Singapore has been awarded a licence to invest $383 million in a factory to produce printed circuit boards in Vietnam, state media reported on Monday.

Posted on 24/06/2024

Foxconn to invest $518 million in Vietnam circuit board plant: Report

The plant in the northern province of Bac Ninh will produce 2.79 million products a year. Read more at straitstimes.com.

Posted on 24/06/2024

Online Retailer Shein Files for Confidential IPO in London, Report Says

Fashion retailer Shein has confidentially filed to go public in London, according to a Reuters report, after its plans to list in the U.S. were disrupted by the trade war with China.Shein submitted ...

Posted on 24/06/2024

Alibaba Rival Shein Confidentially Files London IPO Filing Amid US Regulatory Hurdles On Chinese Firms: Report

Shein, the fast fashion behemoth and rival to Alibaba‘s online fashion arm, reportedly filed for an initial public offering (IPO) in London. This move comes amid the company’s ongoing struggles with ...

Posted on 24/06/2024

Shein Has Confidentially Filed for London IPO, Reuters Reports

Online fashion retailer Shein has confidentially filed papers for a potential listing in London with Britain’s market regulator, Reuters reported, citing two sources.

Posted on 24/06/2024

U.S. IPO Weekly Recap: Flurry Of SPACs And IPOs Fill The Pipeline In Short Holiday Week

One IPO and three SPACs debuted this week. Singapore-based safety equipment provider Rectitude Holdings priced at the bottom of the range to raise $8 million at a $58 million market cap. Three IPOs ...

Posted on 24/06/2024

Singapore warns of money laundering risks in areas

As a business, financial and trade hub, Singapore is vulnerable to being misused as a conduit to launder illicit funds derived from fraud committed abroad, said the Singapore’s Money Laundering ...

Posted on 23/06/2024

Pine Labs plans $1 billion IPO in India after shift from Singapore

Fintech firm Pine Labs is reportedly eyeing an initial public offering (IPO) of $1 billion in India. This comes as the company has received approval from a Singapore court to relocate its base to ...

Posted on 22/06/2024

Peak XV Partners-backed Pine Labs Eyeing $1 Billion IPO in India

If this plan goes ahead, Pine Labs' IPO will become the biggest by an Indian fintech firm after Paytm operator One97 Communications raised about USD 2.5 billion in 2021 ...

Posted on 22/06/2024

Banking sector poses highest money laundering risks in Singapore

Non-banking sectors like corporate service providers, real estate, casinos, and precious stones also pose high ML risks in the country.

Posted on 22/06/2024

Pine Labs plans $1 bn IPO after relocating from Singapore to India

Fintech firm Pine Labs is reportedly eyeing an initial public offering (IPO) of $1 billion in India. This comes as the company has received approval from a Singapore court to relocate its base to ...

Posted on 21/06/2024

Shein’s London IPO plan in regulatory limbo as investors grow jittery, sources say

structure to set up its global headquarters in Singapore in 2021. Chinese start-ups commonly use VIEs to create an overseas shell company to control their operations at home through contractual ...

Posted on 21/06/2024

Experts say Shein’s U.S. IPO is all but dead

A London IPO could, in theory, be easier than a U.S. offering ... Shein was founded in China and has since moved its headquarters to Singapore. But a good chunk of the company's supply chain is still ...

Posted on 21/06/2024

CPPIB, Temasek join Blackstone in backing Singapore hedge fund Arrowpoint

said on Friday it has secured investment from the Canada Pension Plan Investment Board (CPPIB) and a unit of Singapore’s Temasek Holdings. These sovereign wealth funds followed Blackstone, which had ...

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