According to the CCI announcement, the proposed combination involves the acquisition of equity stakes in multiple Singapore-incorporated entities with significant real estate investments in India.
NetLink NBN Trust opens 11th central office in Seletar, a $110 mil investment
The Seletar central office is located to serve Singapore’s northern and northwestern regions, which span across 40,000 new homes.
Envy nickel trading fraud: Chief investment officer of related firm fined over conflicts of interest
Under Doo Chun Ki, Envysion Wealth Management failed to put in place an appropriate risk management framework and failed to mitigate conflicts of interest in the management of assets.
AI key to boosting Singapore’s financial hub edge as Govt keeps improving guard rails: Josephine Teo
Singapore leverages AI to maintain its financial hub edge, with ongoing improvements in guardrails and innovative applications in financial services. Read more at straitstimes.com. Read more at ...
Singapore-listed palm oil stocks seen benefiting as prices rise, ESG risks fall
Some counters could also benefit as efforts to boost the local stock market gain steam. Read more at straitstimes.com. Read more at straitstimes.com.
CapitaLand Ascendas Reit to acquire 3 Singapore properties for $565.8 million
Move will increase the value of the Reit's Singapore portfolio to around $12.3 billion. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore’s Mapletree wants to set up data centers in India
Singapore-based property developer, Mapletree, plans to invest $500-700 million in its first data centre project in Mumbai, India.
NRI Ditches Singapore For ‘Chaotic’ India, Plans Rs 1 Crore Investment In Chennai
A Non-Resident Indian (NRI) living in Singapore has said they would rather live in a 'chaotic India' than stay in the Southeast Asian nation. In a now-viral post titled, "Returning to Chennai", the 26 ...
LG Electronics India’s IPO draws Norway, Singapore wealth funds as anchor investors
(Reuters) -Appliance maker LG Electronics India has sold shares worth about 34.75 billion rupees ($391.88 million) to anchor investors including Blackrock and the wealth funds of Singapore and Norway ...
AI key to boosting Singapore’s edge as financial hub as Govt keeps improving guardrails: Josephine Teo
Singapore leverages AI to maintain its financial hub edge, with ongoing improvements in guardrails and innovative applications in financial services. Read more at straitstimes.com. Read more at ...
LG’s India IPO Is Said to Attract Abu Dhabi, Norway, Singapore Wealth Funds
LG Electronics Inc.’s initial public offering of its India arm has attracted the sovereign wealth funds of Abu Dhabi, Norway and Singapore, according to people familiar with the matter.
Singapore’s Once-Sleepy Stock Market Could Be on Cusp of Bull Run
What sets Singapore apart from its regional peers is the city-state’s reputation for stability and openness to business, as well as a strong currency.
Singapore private wealth optimism hinges on policy, China growth, BI survey shows
Private bankers in Singapore show more optimism for Asia's wealth-industry growth prospects that those in Hong Kong BI survey finds ...
Four firms file documents for SGX listings; Singapore overtakes London as preferred IPO venue
Four new firms file for SGX listings, highlighting renewed investor appetite as Singapore overtakes London as a preferred IPO venue. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore gets noticed as IPO activity rises
Increased new listings this year might just be the result of companies and Reit sponsors taking advantage of elevated investor sentiment as the STI hits new highs Read more at The Business Times.
Singapore Banks to Hold or Block Transfers Over 50% of Account Balance From 15 Oct
From 15 Oct, Singapore banks block transfers over 50% of account balances under new anti-scam safeguards to prevent rapid fund withdrawals.