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Tag: stock market

Posted on 09/07/2021

Grab CEO’s Wife Buys $30 Million Singapore Property Ahead of IPO

(Bloomberg) --The wife of Grab Holdings Chief Executive Officer Anthony Tan paid S$40 million ($29.6 million) for a mansion in Singapore, adding to the strong demand for posh homes as a safe haven ... ( read original story ...)

Posted on 09/07/2021

Indonesia’s Bukalapak kicks off US$1.1 billion IPO, biggest in more than a decade

SINGAPORE: Indonesia's Bukalapak launched an up to US$1.13 billion initial public offering ahead of next month's listing, marking the country's ... ( read original story ...)

Posted on 09/07/2021

Circle IPO Comes On Heels Of $25B Of USDC In Circulation, 6,100 Pct CAGR

Circle, the FinTech behind the USD Coin, the stablecoin backed one-to-one by the dollar, said on July 8th that it would go public via SPAC. ( read original story ...)

Posted on 09/07/2021

S’pore-based spac Fat Projects Acquisition files for $135m US IPO

Singapore-based Fat Projects Acquisition Corp, a special purpose acquisition company (Spac), has filed to go public via Nasdaq in a US$100 million (S$135 million) initial public offering (IPO), the ... ( read original story ...)

Posted on 09/07/2021

GIC-backed Bukalapak said to hike IPO target to over $1.35b on strong demand

Indonesian e-commerce firm Bukalapak aims to raise more than US$1 billion (S$1.35 billion) in its initial public offering (IPO), 25 per cent more than previously planned, on indications of strong ... ( read original story ...)

Posted on 09/07/2021

After Zomato, India’s Nykaa, Policybazaar, and Paytm expedite IPO plans

Nykaa is likely to file its draft prospectus on 17 July, while Policybazaar may file its IPO papers around 20 July. ( read original story ...)

Posted on 09/07/2021

Post IPO, Zomato could become India’s 78th most valuable firm by market capitalisation

At ₹76 per share, the upper end of the price band, Zomato will have a post-money valuation of ₹59,623 crore ($8 billion) ... ( read original story ...)

Posted on 09/07/2021

PrimeXM Deploys a New Data Center in Singapore

FX trading industry technology provider, PrimeXM has announced on Thursday that it had launched a new data center in Singapore. ( read original story ...)

Posted on 08/07/2021

Singapore and EU can collaborate on research, green finance to tackle climate crisis

S'pore and EU discussed these potential partnerships at a meeting on Thursday.. Read more at straitstimes.com. ( read original story ...)

Posted on 08/07/2021

Singapore and EU reaffirm climate action commitment ahead of COP26

SINGAPORE: The European Union (EU) and Singapore on Thursday (Jul 8) reaffirmed their joint commitment and "strong" partnership in global climate ... ( read original story ...)

Posted on 08/07/2021

Fitch Affirms Diners Club Singapore’s Credit Card ABS; Outlook Stable

Fitch Ratings has affirmed DFS Asset Purchase Company Pte. Ltd.'s working-capital facility, standby liquidity faci ... ( read original story ...)

Posted on 08/07/2021

Singapore’s GDP to grow 4℅ to 6℅ this year despite uncertain global outlook: Finance Minister Lawrence Wong

Singapore Finance Minister Lawrence Wong said that with uncertainty looming large over global economy outlook, continue to expect gross domestic product growth of at least 4 per cent to 6 per cent ... ( read original story ...)

Posted on 08/07/2021

GUUD Launches New RYTE Financing Platform To Make Trade Finance Accessible for All Businesses

New Platform enables businesses big or small to access trade finance options to improve cashflow Opens up opportunities for businesses to apply ... ( read original story ...)

Posted on 08/07/2021

S’porean working in the finance sector for 15 years says he quit because in a department with ‘23 staff, 22 were from India and…

A concerned Singaporean wrote and shared his experience working in a foreign bank in Singapore where he saw how there was widespread hiring of for ... ( read original story ...)

Posted on 08/07/2021

GIC-backed Bukalapak hikes IPO target to over $1.35 billion on strong demand: Sources

SINGAPORE (REUTERS) - Indonesian e-commerce firm Bukalapak is targeting raising more than US$1 billion (S$1.35 billion) in its initial public offering (IPO), 25 per cent more than previously planned, ... ( read original story ...)

Posted on 08/07/2021

Novo Tellus Capital mulls joining Singapore Spac race: Sources

Singapore buyout firm Novo Tellus Capital Partners is considering setting up a special purpose acquisition company (Spac) to list in the city-state as regulators prepare to authorize the vehicles in ... ( read original story ...)

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