"at-above-post addthis_tool" data-url=" -Chipmaker GlobalFoundries, owned by Abu Dhabi’s sovereign wealth fund Mubadala Investment Co, is aiming for a valuation of about $25 billion in its initial ... ( read original story ...)
Chipmaker GlobalFoundries targets valuation of about US$25 billion in US IPO
Chipmaker GlobalFoundries, owned by Abu Dhabi's sovereign wealth fund Mubadala Investment Co, is aiming for a valuation of about US$25 billion in its initial public offering in the United States.The ... ( read original story ...)
IPO-Bound PharmEasy Creates ESOP Pool Worth INR 591 Cr For Employees & Founders
As per the regulatory filings, PharmEasy’s parent API Holdings has allotted 3,99,935 employee stock options to its five cofounders worth INR 236 Cr ... ( read original story ...)
GlobalFoundries, Mubadala Seek to Raise $2.6 Billion in IPO
Mubadala Investment Co. plan to raise as much as $2.6 billion in a U.S. initial public offering. The company is marketing 33 million shares while Abu Dhabi’s Mubadala plans to sell 22 million shares, ... ( read original story ...)
GHY Culture Deal to Acquire Singapore’s Clover Films Is Canceled
Singapore entertainment group GHY Culture & Media has revealed that its proposed takeover of producer and distributor Clover Films is not going ahead. GHY announced plans in mid-June to acquire a 51% ... ( read original story ...)
Global minimum corporate tax rate is only going to hurt the West – and help Singapore
Singapore included — have signed a landmark agreement establishing a global minimum corporate tax rate of 15 per cent, there’s doubt as to how it is going to affect the city-state. After all, small ... ( read original story ...)
Stock Market LIVE Updates: Sensex, Nifty50 likely to open higher; SGX Nifty futures up over 50 points
Indian equity benchmarks Sensex and Nifty50 are likely to start Tuesday's session on a positive note amid gains in other Asian markets. At 7:40 am, Nifty futures trading on Singapore Exchange -- an ... ( read original story ...)
Here’s what you can expect for this year’s Singapore FinTech Festival organised by MAS
Organised by the Monetary Authority of Singapore (MAS), the Festival (SFF) is back for its sixth edition on November 8 to 12. This year’s theme is the impact of Web 3.0 on financial services. As we ... ( read original story ...)
RPT-Global power cost surge wrecks Singapore’s electricity market
The global energy crunch which has sent natural gas prices to record highs and caused power shortages in many parts of the world is now spilling over to the island state of Singapore which is ... ( read original story ...)
Asia Digest: SG’s Fat Projects Acquisition raises $100m; K Car mops up $285m in IPO
SG-based SPAC firm Fat Projects Acquisition Corp has announced the closing of its $100-million IPO while K Car, a South Korean automotive marketplace fully owned by private equity firm Hahn & Company, ... ( read original story ...)
PharmEasy Closes Pre-IPO Investment Round Of Up To $350 Mn; Valuation Jumps To $5.6 Bn
API Holdings Ltd, the parent of PharmEasy, has also closed a $130-140 million secondary share sale. Around 20 senior executives have acquired shares worth $5 million as part of the secondary sale ... ( read original story ...)
Paytm, Fino, OYO: Inside The Grey Market Rush For India’s IPO-Bound Startup Shares
The shares of the two fintech startups (Fino and MobiKwik) have mainly been on the rise, post the IPO approvals. In another significant development this week, the unlisted arena has started witnessing ... ( read original story ...)
Funding Rundown: Tala raises $145M, PharmEasy gets $350M in pre-IPO round, says report & SaaS Labs bags $17M in Series A round
Tala raises $145M in funding round led by Upstart Fintech company Tala has raised $145 million in Series-E funding round, led by Upstart with participation from the Stellar Development Foundation. New ... ( read original story ...)
Adani Wilmar, Nykaa, Star Health and Allied Insurance, among 6 IPOs approved by SEBI
Rakesh Jhunjhunwala-owned Star Health Insurance, e-commerce brand Nykaa, and Adani Group’s FMCG unit Adani Wilmar are some of the companies that received the green light from capital markets regulator ... ( read original story ...)
Stock Market LIVE Updates: Sensex, Nifty50 likely to open higher today amid mixed global cues; SGX Nifty futures up 25 points
Indian equity benchmarks Sensex and Nifty50 are likely to start the week on a positive note. Nifty futures trading on Singapore Exchange -- an early indicator of NSE's Nifty50 index in India -- were ... ( read original story ...)
Singapore Bourse Expected To Crack Resistance At 3,200 Points
The Singapore stock market has climbed higher in three straight sessions, collecting almost 65 points or 2 percent along the way. The ... ( read original story ...)