A handful of companies from the technology and consumer durables sectors are aiming to launch IPOs in Southeast Asia later this year, pointing to an upturn after pandemic-hit markets and weak economic ... ( read original story ...)
Mindspace Business Parks REIT IPO oversubscribed on day two of bidding; issue closes today
Mindspace Business Parks REIT initial public offering (IPO) enters its third and final day today after being subscribed 1.23 times by investors so far. ( read original story ...)
Ant’s IPO Bonanza for Silver Lake, Warburg, Carlyle
A raft of U.S. private equity firms backed by the country’s largest endowment and pension funds stands to reap big gains from Ant Group’s highly anticipated initial public offering, even as U.S. ( read original story ...)
To the cloud: Nexion launches pre-IPO funding round
Street Talk understands the three year old company has kicked off a pre-IPO fundraising round ... a data centre in Perth and services clients across Australia, New Zealand, Singapore and the UK. ( read original story ...)
Singapore’s jobless rate jumps in second quarter, nearing financial crisis peak
Singapore's jobless rate rose sharply in the second quarter to a new decade-high of 2.9%, provisional data showed on Wednesday, as the COVID-19 pandemic saw employment shrink in the services and ... ( read original story ...)
Can Singapore maintain its sweet spot between China and the US?
Maintaining its ties with Washington and Beijing without provoking the ire of either will prove trickier as US-China relations deteriorate and tensions grow in the South China Sea. ( read original story ...)
Singapore spy case reawakens fears China recruiting on island state
SINGAPORE: The case of a Singaporean caught spying for China ... When he moved to the United States his handlers gave him a bank card and told him to communicate with them using multiple phones to ... ( read original story ...)
Live: SGX Nifty Indicates A Positive Start; IndusInd Bank, UltraTech, United Spirits In Focus
Catch all live updates on share prices, index moves, corporate announcements and more from the Sensex and Nifty, today. ( read original story ...)
Online Banking: Easy Tips To Prevent Cyber Attacks And Safeguard Your Money
When faraway princes are after your heart and Insta-buddies are after your OTP, the best thing you can do for your life’s savings is to follow these life-saving tips. The Internet has brought us an ... ( read original story ...)
Mindspace Business Parks REIT IPO subscribed 32% on first day
Ahead of the launch of its IPO, Mindspace Business Parks REIT, raised ₹1,518.74 crore by allocating shares to institutional investors as part of the anchor allotment for the offer ... ( read original story ...)
Mashreq Bank: Executive Appointment: Mashreq appoints James as Head of FI and NBFI
DUBAI, UAE / ACCESSWIRE / / Mashreq, one of the leading financial institutions in the UAE, has recently appointed James Pearson as the Head of Financial Institutions (FI) and Non-Banking Financial ... ( read original story ...)
Should You Invest in IPOs?
An upcoming IPO, Singapore Paincare Holdings, seems to be priced at a premium. The company is offering shares at S$0.22 apiece, which is substantially higher than the group’s unaudited net asset value ... ( read original story ...)
FIIs lead Mindspace REIT IPO anchor allotment of ₹1,518 crore
Mindspace REIT had allocated 5.52 crore shares under the anchor allotment.Anchor allotment was led by FIIs such as government of Singapore, funds managed by Nomura, Capital Group, Fidelity, HSBC and S ... ( read original story ...)
Singapore Bank Seeks Court Intervention for Distressed Shipping Group
Singapore’s OCBC Bank has sought a court-appointed supervisor to manage shipping firm Xihe Holdings Pte Ltd and four of its subsidiaries. Xihe Holdings is part of the troubled Singapore-based Lim ... ( read original story ...)
Credit Suisse faces US$300 million lawsuit in Singapore over rogue trader
Bidzina Ivanishvili, the biggest victim of a rogue trader at Credit Suisse Group, is suing one of the bank's trusts in Singapore for at least US$300 million (S$415.6 million), opening a fresh front in ... ( read original story ...)
Singapore Airlines gets $540 mln in funding to manage coronavirus crisis
July 23 (Reuters) - Singapore Airlines Ltd said on Thursday it had secured S$750 million ($541.87 million) of funding against some of its Airbus and Boeing aircraft to shore up liquidity amid ... ( read original story ...)