Atlantis Resources’ head of corporate finance to become CFO

The latter is the current head of corporate finance at the group and has been with Atlantis since before its IPO (initial public offering ... as we have transitioned the finance department from Singapore to Edinburgh, where he has built a highly competent ... ( read original story ...)

Bailout is only way out for 1MDB, says Pua

Pua, the opposition’s chief critic on 1MDB affairs, said this was because banks around the world would refuse to be involved with the “investment fund units” which 1MDB said would help finance the ... “In fact, the Singapore courts also confirmed ... ( read original story ...)

Stocks in Asia Waver on Disappointing Earnings

Nomura raised its target price to 6,400 yen from 5,600 yen and kept a "buy" call, noting the automaker was well ahead of rivals in the Indian market and that margins ... around 10% to 66 Australian cents. In Singapore, shares of DBS dropped 2.3%. ( read original story ...)

SEBI boosts stock trading on GIFT

Stock brokers ... that shifted to Singapore and Dubai may come back as derivatives trading picks up on GIFT and even the talent pool will return here.” The 52 stocks that are now allowed on GIFT account for nearly 55 per cent of market capitalisation ... ( read original story ...)

Singapore’s Novena Global plans $150m Taiwan IPO

Singapore-based Novena Global Lifecare Group is teeing up a $150m IPO in Taiwan as it looks for capital to fund expansion in north Asia. By John Loh, Jonathan Breen 12:00 PM Novena, an integrated medical healthcare and aesthetic group, dropped plans to ... ( read original story ...)

Prima Marine to double fleet via IPO

The rest of the cash from the IPO would go into working capital and repaying loans ... It previously planned to list in the stock market in Hong Kong and Singapore but finally decided to list in the SET. ( read original story ...)

HNA Reit looking for new banks after BAML retreats

HNA Commercial Reit is on the lookout for arrangers for its Singapore IPO, after Bank of America Merrill Lynch walked away from the deal. But the real estate investment trust’s search will not be easy. Bulge bracket firms are under scrutiny for any ties ... ( read original story ...)

Technology Ranked as Singapore’s Strongest Sector in July

NetLink NBN Trust NetLink NBN Trust designs, builds, owns and operates the passive fibre network infrastructure of Singapore’s Next Gen NBN, made its trading debut on the Mainboard on 19 July. The trust contributed IPO market capitalisation of $3.2 ... ( read original story ...)

Singapore Market May Run Out Of Steam

(RTTNews.com) - The Singapore stock market has tracked higher in back-to-back sessions, advancing almost 20 points or 0.6 percent along the way. The Straits Times Index now rests just beneath the 3,350-point plateau, although it may be stuck in neutral on ... ( read original story ...)

IT stocks lead the pack on SGX in July

The sector, which comprises about one-tenth of Singapore-listed stocks ... electronics provider Venture's performance as the sector's largest capitalised stock. It has a market cap of $3.7 billion and a return of 38.6 per cent in the year to date. ( read original story ...)