Singapore's second-biggest lender Oversea-Chinese Banking Corp (OCBC) on Friday posted a 34% rise in second-quarter net profit, in line with estimates, while flagging it expected interest rates to ...
Singapore’s Temasek To Invest Rs 1,200 Crore In M&M’s EV Business, Acquire Nearly 3 Per Cent Stake
Mahindra & Mahindra (M&M) on Thursday said that Singapore's sovereign wealth fund, Temasek Holdings Pvt Limited, will be investing up to Rs 1,200 crore in its electric vehicle (EV) business at a ...
George Goh ‘made a mistake’ about role of the CIO in investment management businesses: Ng Kok Song
SINGAPORE: Mr Ng Kok Song has said that his fellow presidential hopeful George Goh is mistaken about the role of the CIO in an investment management company. "I think Mr Goh made a mistake. He thinks ...
Temasek to invest Rs 1,200 crore in M&M’s EV subsidiary
As per the agreement, Temasek will invest Rs 1,200 crore in the form of Compulsorily Convertible Preference Shares ('CCPS') at a valuation of up to Rs 80,580 crore, resulting in Temasek’s ownership ...
Singapore bank OCBC Q2 earnings rise; sees rate cuts from 2024
Singapore's second-biggest lender Oversea-Chinese Banking Corp (OCBC) on Friday posted a 34% rise in second-quarter net profit, in line with estimates, while flagging it expected interest rates to ...
When has the Singapore President’s approval been sought to tap into past reserves?
The Singapore President has powers to approve or reject requests to tap into past reserves. When have such instances come up?
Temasek to invest in Mahindra EV unit at $9.8 bln valuation
Singapore investment firm Temasek will take up to a 3% stake in Mahindra and Mahindra's electric vehicle unit at a valuation of up to $9.8 billion, the latest investment in the Indian automaker as it ...
Temasek to invest ?1200 Cr in Mahindra’s electric arm at Rs 80,580 Cr valuation
After the fund infusion, Temasek will have a shareholding in MEAL ranging from 1.49-2.97% of the paid-up share capital on a fully diluted basis. On Thursday, Mahindra Electric Automobile Ltd (MEAL), ...
Temasek to invest 1200 Cr rupees in Mahindra’s electric arm
After the fund infusion, Temasek will have a shareholding in MEAL ranging from 1.49-2.97% of the paid-up share capital on a fully diluted basis.
Temasek to invest Rs 1,200 crore in Mahindra’s electric vehicle subsidiary
Temasek, a global investment firm, has announced that it will invest Rs 1,200 crore in Mahindra’s EV subsidiary. With this investment, MEAL’s valuation goes up by 15 percent from up to Rs 70,070 crore ...
Singapore yet to receive new proposals from Malaysia to revive HSR project
SINGAPORE has yet to receive any new proposals from Malaysia to develop a high-speed railway (HSR) between Kuala Lumpur and Singapore, said Acting Minister for Transport Chee Hong Tat in Parliament on ...
Singapore consumers need over S$500,000 to achieve financial freedom: Singlife survey
A Singlife survey found that the average S'pore consumer needs to have savings of S$566,640 to achieve financial freedom. How long will it take?
Singapore bank DBS’ Q2 profit beats estimates; expects record year
Singapore's biggest bank DBS Group said on Thursday its second-quarter profit jumped a forecast-beating 48% to a new record as higher interest rates helped drive income growth, and forecast growth in ...
Can Property Investing Ever Be Safe? Here’s Why A Guaranteed Real Estate-Backed Loan Could Be Your Best Option For Regular Passive Income
Since BigFundr’s targeted Deal returns of more than 6% nett p.a. are currently higher than fixed deposits and provide more stability than equity investments, investors can now diversify into investing ...
Singapore’s Bank DBS Second-Quarter Net Profit Jumps 48% On-Year
SINGAPORE (Reuters) - Singapore's biggest bank DBS Group reported on Thursday a 48% rise in net profit in the second quarter from a year earlier on the back of stronger total income growth.
Singapore’s Indian origin investment Guru Narayana Iyer Narayanan dies
Singapore’s investment guru Narayana Iyer Narayanan, who represented the interests of minority stakeholders in major corporations, has passed away. He was 95. Narayanan, who had deep knowledge of the ...