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Tag: stock market

Posted on 24/05/2021

Gojek and Tokopedia’s holding group GoTo plans fundraising ahead of blockbuster IPO this year

The Indonesian unicorn is likely to attract sovereign wealth funds and global financial institutions with a final round of fundraising to anchor what is likely to be Jakarta’s largest ever initial ... ( read original story ...)

Posted on 24/05/2021

OCBC plans to increase Global Transaction Banking staff strength in Singapore by end-2022

The division currently has close to 100 staff in Singapore. OCBC Bank's Head of Global Transaction Banking, Melvyn Low, has shared with The Straits Times the bank's intention to grow the division's ... ( read original story ...)

Posted on 24/05/2021

Singapore central bank set up green finance industry taskforce

A financial industry taskforce convened by the Monetary Authority of Singapore (MAS) launched today several initiatives to accelerate green finance in Singapore through improving disclosures and ... ( read original story ...)

Posted on 24/05/2021

Would investors take a big gulp of the Oatly IPO?

Oprah-backed Oatly Group of Malmo, Sweden is on track to claim the title as the biggest plant-based food company IPO of 2021. ( read original story ...)

Posted on 23/05/2021

Aung San Suu Kyi in court, JD Logistics IPO, HSBC coal plan

After more than 100 days under house arrest, Aung San Suu Kyi will appear in court on Monday as the junta levies five criminal charges against her. And with 60 days to go before Tokyo welcomes 15,000 ... ( read original story ...)

Posted on 22/05/2021

Zomato, GoAir and other major upcoming IPOs in 2021

Companies that have recently filed the draft prospectus for their offering with market regulator include Zomato, GoAir, CarTrade, Nuvoco Vistas, Devyani International, and Aditya Birla Sunlife AMC. ( read original story ...)

Posted on 22/05/2021

Singapore to Review Support for Vulnerable Firms Amid Outbreak

Singapore will review how it can further support companies after a new wave of Covid-19 infections prompted authorities to increase restrictions that curbed business activity and the movement of ... ( read original story ...)

Posted on 22/05/2021

Oatly soars in trading debut after raising $1.9b in IPO

NEW YORK • Oatly Group, the vegan food and drink maker, climbed 19 per cent in its debut after pricing its initial public offering (IPO) on the high end to raise more than US$1.4 billion (S$1.86 ... ( read original story ...)

Posted on 22/05/2021

For Monde Nissin IPO, allotment cap for retail investors raised to P 1M

As Monde Nissin Corp. launched the largest initial public offering (IPO) in Philippine stock market history and the biggest equity deal out of Southeast Asia’s food and beverage segment, local small ... ( read original story ...)

Posted on 21/05/2021

Singapore stocks track Wall St gains to end 0.26% higher

Investors ended the week on a high note with local shares tracking Wall Street gains overnight as inflation concerns subsided amid favourable United States jobs data.. Read more at straitstimes.com. ( read original story ...)

Posted on 21/05/2021

Domestic consequences of Arvind Kejriwal’s ‘Singapore strain’ statement

Singapore’s economic recovery, especially its aviation sector’s, would be in jeopardy if rumours like the one floated by Delhi Chief Minister Arvind Kejriwal were to go unchallenged ... ( read original story ...)

Posted on 21/05/2021

75 unlinked Covid-19 cases in Singapore in past two weeks raising concerns

The number of unlinked Covid-19 cases in Singapore has been going up steadily this month, giving rise to concerns that there are undetected reservoirs of infections in the community. ( read original story ...)

Posted on 21/05/2021

JD Logistics set to raise $3.2bn with lowered IPO price

JD Logistics is set to raise $3.16 billion from its Hong Kong IPO after pricing its shares toward the lower end of their marketed range due to investor concerns about the sector. Despite the uncertain ... ( read original story ...)

Posted on 21/05/2021

Chinese SPAC TenX Keane Acquisition files for IPO in US

TenX Keane Acquisition, a China-based blank-check company, joins a flood of special purpose acquisition companies (SPACs) planning initial public offerings in the U.S., as it looks to raise $50 ... ( read original story ...)

Posted on 21/05/2021

Thai Protests to Resume, Singapore Boosts Testing: Virus Update

Singapore stepped up Covid testing amid a rise in new and unlinked infections. Thai anti-government protesters plan a return to Bangkok’s streets when the latest outbreak subsides, while the ... ( read original story ...)

Posted on 21/05/2021

Singapore Stock Market May Extend Thursday’s Gains

The Singapore stock market ticked higher again on Thursday, one session after ending the two-day winning streak in which it had jumped almost 90 points or 3 percent. The Straits Times Index now rests ... ( read original story ...)

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