The company also bought Singapore co-working firm Spacemob in a separate deal ... The company, which is considering an IPO, is reportedly in talks to rent a building in Hong Kong’s nightlife district. ( read original story ...)
World Class Global first-half loss narrows on forex gain
The increase in share capital was due to the issuance of new ordinary shares in the capital of the company pursuant to the IPO while the rise in other ... shares jumped 4.1 percent to S$0.255 on the Singapore Exchange. ( read original story ...)
HNA’s Singapore REIT Partner Is Said to Explore Reducing Ties
announced in March it planned to buy at least a 35 percent stake in a REIT that will list in Singapore, as well as 75 percent of a trust management company formed with AEP. The IPO was slated to raise more than $400 million, people with knowledge of the ... ( read original story ...)
Latham & Watkins advises on $500-mn Azure Power Green Bond Offer
The Latham team was led by Singapore partner and India Practice Head Rajiv Gupta along with others. Rajiv Gupta in a statement said: “Following our work with Azure on their US IPO in 2016, it has been a pleasure to work with them once more on this ... ( read original story ...)
3 Things to Know about Singapore’s Stock Market Barometer
If you wish to know how the Singapore stock market is performing, you would have to turn your attention to the Straits Times Index (SGX: ^STI), or STI for short. As mentioned earlier, banks make up 36.52% of the index. The next biggest sector is real ... ( read original story ...)
Singapore sees US$61.5 million quarter-on-quarter increase in fintech investments
Fintech investments in Singapore saw an increase of US$61.5 million quarter over quarter despite continued decline in deal volume, according to the KPMG Pulse of Fintech report. While the historical trends showed that this is not out of the ordinary ... ( read original story ...)
Hong Kong, Singapore and China get tough on tax havens
Indonesia Finance Minister Sri Mulyani Indrawati ... In June, Indonesia signed multilateral and bilateral authority agreements with Singapore and Hong Kong, the go-to places for wealthy Indonesians to stash their money. “Globalisation has transformed ... ( read original story ...)
Warburg Pincus-backed ESR in talks to buy Singapore’s Sabana REIT: sources
SINGAPORE (Reuters) - Warburg Pincus-backed e-Shang Redwood ... unit price fell further in December following a fund raising announced by the company to finance its acquisitions. Then Sabana's manager set up a strategic review to explore options to ... ( read original story ...)
4 things you need to aim for before you can retire comfortably in Singapore
There are plenty of Singaporeans who have the capacity to retire, but still find themselves working. Some of these people work because they enjoy it, and that’s a great thing. But at the same time, some of them keep working out of fear. Many of us have a ... ( read original story ...)
Singapore Savings Bond versus Savings Account versus Fixed Deposits
The latest Singapore Savings Bond (“SBSep17“) is offering 2.12% effective interest rate over a ten years period. Many people have been lamenting about the low interest rates and I also think the Singapore Savings Bond interest rate is not attractive. ( read original story ...)
FIDOR INVESTS INVESTS CLOSE TO S$800,000 (€500,000) TO DEVELOP FIRST-OF-ITS-KIND STUDENT ACADEMY PROGRAMME FOR POLYTECHNICS IN SINGAPORE
This is the first time Fidor has introduced such a programme in the APAC region, with the aim to help boost Singapore’s growth as a FinTech Hub in this region. Supported by the Monetary Authority of Singapore (MAS), the Fidor Student Academy Singapore ... ( read original story ...)
NetLink/Singtel: dividend feast
Just as the Singapore exchange has vowed to reinstate a lunch break in its trading day, the stock market is digesting its largest IPO since 2013. Singapore Telecom on Wednesday floated three-quarters of its shares in NetLink Trust, which holds its fibre ... ( read original story ...)
VIỆT NAM’S BUSINESS PIONEERS – Vietjet
Vietnamese budget carrier VietJet has revived plans for an overseas listing after a domestic IPO last month that gave it a value of $1.2 billion. Vietnam's only privately owned airline may consider listing on either the Singapore, Hong Kong or Tokyo ... ( read original story ...)
STOCK IN FOCUS: KEPPEL CORPORATION
Dear readers, Keppel Corporation stock may be in focus when the Singapore stocks market opens on 7 Aug 2017. This arises from the reporting last Friday 7 May 2017 that Professor Huang Jing, a LKYPP Professor has been banned from entering Singapore and his ... ( read original story ...)
Axis Capital Holdings Limited (NYSE:AXS) Experiences Lighter than Usual Trading Volume
On December 2 the stock rating was downgraded from “Outperform” to ... The company currently has a P/E ratio of 14.30 and the market cap of the company is 5.39B. In the latest earnings report the EPS was $4.53 and is expected to be $4.01 for the ... ( read original story ...)
VinGroup plans to go places
With a stake of around 65 per cent in VinGroup, directly and indirectly through the Vietnam Investment Group, Vuong has been in the list of 10 richest people on the Vietnamese stock market for eight ... products to Singapore, Malaysia, Hong Kong, Japan ... ( read original story ...)