Singapore-based edtech IMMRSIV (IMSV) has filed for a proposed $17M US initial public offering. Read more here.
Malaysian Businessman Gets 36 Years In Singapore Jail For RM26 Billion Penny Stock Crash
John Soh Chee Wen, a 63-year-old prominent Malaysian businessman, is the mastermind of a scheme that led to the largest market manipulation in Singapore.
DBS makes key leadership changes for institutional banking business
Joyce Tee, now group head of SME banking, to head the institutional banking group for DBS China. Read more at straitstimes.com.
Singapore Shares May Run Out Of Steam On Thursday
The Singapore stock market has ticked higher in consecutive trading days, collecting almost 10 points or 0.3 percent along the way.
Singapore’s 2023 Budget statement to be delivered in Parliament on Feb 14
SINGAPORE: Deputy Prime Minister and Minister for Finance Lawrence Wong will deliver Singapore's 2023 Budget statement in Parliament on Feb 14, 2023, the Ministry of Finance (MOF) said on Thursday ...
Mercatus confirms sale of Singapore malls to Link Reit for S$2.16 billion
Asia’s biggest Reit, will buy a portfolio of assets from Singapore shopping mall owner NTUC Enterprise Co-operative for S$2.16 billion, NTUC unit Mercatus Co-operative confirmed on Wednesday (Dec 28).
UOB Kay Hian’s ban from IPO, RTO sponsor activities significant but unsurprising: market watchers
UOB Kay Hian’s (UOBKH) ban from new issue and sponsor activities is a significant one, but comes as no surprise to market watchers polled by The Business Times. Read more at The Business Times.
Mercatus confirms sale of Singapore malls to Link Reit for S$2.16b
Asia’s biggest Reit, will buy a portfolio of assets from Singapore shopping mall owner NTUC Enterprise Co-operative for S$2.16 billion, NTUC unit Mercatus Co-operative confirmed on Wednesday (Dec 28).
Penny stock crash mastermind John Soh gets 36 years’ jail, Quah Su-Ling sentenced to 20 years
Singapore’s most audacious market manipulation case wiped out nearly $8 billion in market value in 2013. Read more at straitstimes.com.
UOBKH’s ban from IPO, RTO sponsor activities significant but unsurprising: market watchers
UOB Kay Hian’s (UOBKH) ban from new issue and sponsor activities is a significant one, but comes as no surprise to market watchers polled by The Business Times. Read more at The Business Times.
Malaysian Behind Singapore Penny-stocks Scam Jailed For 36 Years
A Malaysian businessman convicted of masterminding a stock scam that wiped US$5.8 billion off Singapore's exchange was sentenced on Wednesday to 36 years in jail by a court in the city-state.
Sixteen Singapore mosques participate in pilot investment programme
Sixteen mosques in the western part of Singapore have signed up to participate in a pilot programme to invest their reserves in order for them to be financially resilient ...
The ride ahead for finance and accounting in 2023 amidst a conservative outlook
Finance & Accounting (F&A) professionals are once again caught in the eye of the storm. Being the designated financial guardians, they play a critical role in helping their organisations navigate ...
36 years’ jail for mastermind of scheme that led to S$8 billion penny stock crash in 2013
SINGAPORE: The mastermind of a scheme that led to the largest and most serious case of market manipulation in Singapore, which wiped out S$8 billion from the Singapore stock ma ...
S-Reit IPOs running scared in rising interest rate environment
THE end of 2022 marks more than a dozen years of drought in new real estate investment trust (Reit) listings on the Singapore Exchange (SGX). Read more at The Business Times.
S-Reit IPOs run scared in rising interest rate environment
THE year 2022 marks the first year in 12 that there will be no new real estate investment trust (Reit) listings on the Singapore Exchange (SGX). Read more at The Business Times.