Samhi Hotels' IPO subscribed 5.33x; to list at bourses today. Issue raised ₹1,370.10cr, fixed at ₹126, upper end of price band. Fresh issue of ₹1,200cr, OFS of 1.35cr shares by existing shareholders.
IPO: revival or fizzle?
After much IPO fanfare, ARM, Klaviyo, and Instacart’s shares took a wobble, prompting concerns that the IPO revival could fizzle out. IGTV financial analyst @AngelineOng gives us a recap of the IPO ...
S$700 million in proceeds from first sovereign green bonds put towards expansion of Singapore’s rail network
SINGAPORE: Under the Singapore Green Bond Framework, S$700 million (US$511 million) has been allocated to finance Jurong Region Line (JRL) and the Cross Island Line (CRL) of the country's rail network ...
Singapore police investigating money laundering scheme uncover more gold bars, luxury watches
More assets such as gold bars and watches have been seized by the authorities in Singapore, where a group of foreign nationals are being investigated in a money laundering scheme.
Singapore cracks down money laundering case worth over 1.76 billion USD
Singaporean media on September 20 reported local police have seized or frozen more than 1.76 billion USD worth of assets in one of the biggest money laundering cases ever uncovered in the city-state.
Singapore investors driven more by returns for green investments, with focus on tech solutions
It found that 68 per cent of investors in Singapore said nature is now considered a part of their investment strategy. They were also most likely to expect increased returns and reduced nature risk in ...
Chinese Origin Clients With Foreign Passports Reportedly Under Scrutiny In Singapore After $1.8M Money Laundering Fiasco
In the aftermath of a substantial money laundering scandal involving S$2.4 billion ($1.8 billion) last month, banks based in Singapore have increased their vigilance towards clients of Chinese origin ...
Singapore banks tighten oversight on foreign clients post-money laundering scandal
In a bid to strengthen its financial integrity following a money laundering scandal, Singapore's banking sector has increased its oversight of clients of Chinese descent holding foreign citizenships.
More SE Asia firms consider U.S. IPOs, filling void left by China peers
Several Southeast Asian companies are considering listing in the United States, banking on strong investor appetite for emerging market growth in the absence of Chinese stock offerings.
Singapore financial firms shrink gender pay gap
SINGAPORE: The gender pay gap for women working in Singapore’s finance industry narrowed to 15.6% in 2022, almost half the 27.1% gap of a decade ago, the city-state’s Manpower Ministry said in a ...
Ola Electric eyes IPO filing by end-October in expedited listing plan
Backed by investors including Singapore's Temasek and Japan's SoftBank, Ola Electric was valued at $5.4 billion in a recent fund raising ...
Singapore money laundering case snowballs further to over S$2.4 billion in assets seized or frozen
SINGAPORE: A massive, transnational money laundering case that surfaced in Singapore has further swelled to now involve over S$2.4 billion (US$1.8 billion) in seized or frozen assets. This more than d ...
5 Singapore Stocks That Paid Out Dividends in September
We profile five stocks that dished out dividends this month. The post 5 Singapore Stocks That Paid Out Dividends in September appeared first on The Smart Investor.
India’s Ola Electric eyes IPO filing by end-Oct in expedited listing plan-sources
Backed by investors including Singapore's Temasek and Japan's SoftBank, Ola Electric was valued at $5.4 billion in a recent fund raising. In an email to its bankers and lawyers on Sunday, an Ola ...
Ola Electric eyes IPO filing by Oct-end to raise up to $700 mn: Report
Ola Electric plans to file regulatory papers for its up to $700-million IPO before the end of October as the e-scooter maker fast-tracks its listing move, said a report on Wednesday. Backed by ...
Ola Electric Likely To File For IPO By October-end In Expedited Listing Plan: Report
Backed by investors including Singapore's Temasek and Japan's SoftBank, Ola Electric was valued at $5.4 billion in a recent fund raising.