Vietnam-headquartered asset management firm VinaCapital is allegedly preparing for an initial public offering (IPO) in Singapore in 2022. ( read original story ...)
REUTERS NEXT-DBS CEO Says Hard for Digital Banks to Gain Market Share in Singapore
Singapore's soon-to-launch online-only banks will find it hard to carve out space in the city-state's market, DBS Chief Executive Piyush Gupta told the Reuters Next conference. "Even in markets like ... ( read original story ...)
Vietnam’s VinaCapital Weighing Singapore SPAC IPO Next Year
VinaCapital, a Vietnamese asset manager, is exploring setting up a blank-check company to list in Singapore next year, people with knowledge of the matter said. ( read original story ...)
DBS CEO says hard for digital banks to gain market share in Singapore
Singapore's soon-to-launch online-only banks will find it hard to carve out space in the city-state's market, DBS Chief Executive Piyush Gupta told the Reuters Next conference. ( read original story ...)
Stock Market Today: SGX Nifty drops 50 points; Asian markets weak; China’s Didi to delist from NYSE
Nifty50 on Thursday climbed for the second straight day, breaching the recent swing high of 17,324 and also the resistance of 17,350. The index reclaimed the 17,400 mark on a closing basis and formed ... ( read original story ...)
Singapore-based equity management platform Qapita secures a partnership with Citi to accelerate development of its private market trading platform
Singapore-based Qapita, which earlier announced its Series A round of USD 15 million co-led by East Ventures (Growth Fund) and Vulcan Capital added that it has secured a partnership with Citi. Citi ... ( read original story ...)
Stock Market LIVE Updates: Sensex, Nifty50 likely to open lower today; SGX Nifty futures drop
Indian equity benchmarks Sensex and Nifty50 are likely to make a negative start on Friday, tracking weakness across other Asian markets despite gains on Wall Street overnight. At 7:38 am, Singapore ... ( read original story ...)
Grab’s IPO Fizzles in First Day of Trading
The southeast Asian “superapp” company’s stock lost more than a third of its value at one point, falling to a low of $8.13 after opening at $13.06. ( read original story ...)
Grab Rings the Nasdaq Stock Market Opening Bell from Singapore
To celebrate its public markets listing day, Grab (Nasdaq: GRAB), a leading superapp in Southeast Asia providing everyday services such as mobility, deliveries and digital financial services, rings ... ( read original story ...)
Singapore’s Grab soars 18.6 per cent on Nasdaq debut following SPAC merger
With its debut on the Nasdaq on Thursday, Grab Holdings becomes the biggest listing by a Southeast Asian technology company and the largest transaction by a SPAC to date. ( read original story ...)
PropertyGuru Finance Dishes Out Brutally Honest Advice to Singaporeans
PropertyGuru, Singapore’s No.1 property marketplace with 75% market share**, today revealed that its mortgage marketplace, PropertyGuru Finance, is behind the mysterious “#SmartHonestAdvice” movement ... ( read original story ...)
Singapore’s first wave SPACs to move ahead with filing plan: Sources
Three firms are working with advisers on the prospectuses, which could pave the way for their respective listings as soon as the end of this year.. Read more at straitstimes.com. ( read original story ...)
Banking woes dampen Singapore MSMEs overseas ambitions
Only 2 in 10 Singapore micro-multinationals think banks offer value for money. Complexities in international banking are named as a top challenge for micro, small, and medium businesses (MSMBs) in ... ( read original story ...)
Star Health IPO sees 22% bids so far on Day 3; will it sail through?
The issue was subscribed just 22 per cent as of 10.39 am, data on BSE showed, raising doubts that the issue may fail. Investors applied for 98,96,560 shares against 4,49,08,947 shares on offer. Retail ... ( read original story ...)
Star Health IPO struggles to get subscribed
Star Health and Allied Insurance Company's IPO is struggling to garner bids for its Rs 7,250-crore, the eight biggest in the domestic market. The offering was subscribed 20 per cent on Wednesday, a ... ( read original story ...)
Star Health IPO subscribed 20% on Day 2
On the other hand, the recent initial public offering of Policybazaar was subscribed two times on the second day, Nykaa got subscribed 4.82 times, and that of ICICI Lombard in 2017, a listed peer of ... ( read original story ...)