Another diversification is into development and construction of landed property Read more at The Business Times.
Blockchain-based lender Figure, backers seek US$526 mil in IPO
The company was co-founded in 2018 by Mike Cagney, who was previously chief executive officer of SoFi Techologies Inc.
OUE REIT’s growth playbook — Singapore-centric assets with interest rate tailwinds
OUE REIT is one of three S-REITs with an all-Singapore portfolio, offering a still attractive yield of around 5.7% after outperforming the market year-to-date ...
Singapore, Shenzhen can work together as gateways to S-E Asia and China’s Greater Bay Area: DPM Gan
He invited Shenzhen’s companies to look at opportunities in the Republic and its immediate neighbourhood. Read more at straitstimes.com. Read more at straitstimes.com.
Boustead applies on behalf of UIB Holdings for IPO and listing of Reit that includes its assets
SINGAPORE] Boustead Singapore has applied to the authorities to publicly list a real estate investment trust (Reit) that will include part of its assets. Read more at The Business Times.
Boustead Singapore submits regulatory applications to MAS and SGX in relation to REIT listing
Boustead announced on June 12 that it was conducting strategic reviews for the sale of its stake in some of its logistics and industrial real estate assets to a REIT.
Jane Street plans to move Singapore office in latest Asia expansion
SINGAPORE] Jane Street Group is planning to move to a larger office in Singapore in the latest sign of the securities trading juggernaut expanding in Asia after it signed a major lease in Hong Kong.
Hands-on financial governance approach pays off for GVT
SINGAPORE] The Covid-19 pandemic struck soon after Robby Sucipto joined manufacturing services provider Grand Venture Technology (GVT) as chief financial officer in early 2020. He feared losing his ...
askST: Thinking about buying an investment-linked plan? Here’s what you should know
Based on consumer complaints, some people do not really understand what such plans are about. Read more at straitstimes.com. Read more at straitstimes.com.
Almost 400,000 Singapore bank customers stow away over S$30 billion under money lock feature
SINGAPORE] Bank customers have stowed away billions using anti-scam tools that allow funds to be locked up. Read more at The Business Times.
Singapore key to HSBC’s global wealth strategy, says its bank’s wealth head here
SINGAPORE] As HSBC undergoes a global overhaul of its operations, Singapore remains a key priority of the bank’s strategy to “future-proof” itself, said Ashmita Acharya, head of international wealth ...
Singapore PM Lawrence Wong to make three-day visit to India; meet President Murmu, PM Modi, visit Rajghat
In Delhi, PM Wong is likely to meet several leaders, including Minister of Health and Family Welfare JP Nadda, and Finance Minister Nirmala Sitharaman.
MetaOptics eyes S$6 million in gross proceeds from IPO, to trade on SGX Catalist on Sep 9
SINGAPORE] Home-grown semiconductor optics startup MetaOptics intends to raise some S$6 million in gross proceeds from its initial public offering (IPO), as it issues 30 million placement shares at ...
Cathay Cineplexes to go into voluntary liquidation amid financial woes
It is no longer feasible for Cathay Cineplexes to continue operating, given its financial position and the absence of restructuring options, among other things, operator mm2 Asia said.
Singapore consultancy Enigmatig opts for US listing where their clients resonate
SINGAPORE] Many Singapore companies that choose to list in the US do so in search of higher valuations and deeper liquidity, but consultancy firm Enigmatig’s decision to debut there was mainly driven ...
Whitmer leads trade mission to Singapore, Japan
Gov. Gretchen Whitmer began a trade mission to Singapore and Japan on Sunday, marking the first official investment mission by a Michigan governor to Singapore, her office announced. The trip is led ...