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Tag: stock market

Posted on 18/06/2025

Overseas investors pile into ‘safe haven’ GemLife’s $750m IPO

The land lease operator’s initial share sale taps the need for affordable housing for downsizers and the demand of investors to buy into Australian housing.

Posted on 18/06/2025

Enigmatig IPO Prices at $5 a Share, to Begin Trading June 18

International consultancy firm Enigmatig said its initial public offering of about 2.8 million Class A ordinary shares priced at $5 a share, the high end of its anticipated range. The company's shares ...

Posted on 18/06/2025

Springview wins major contract for heritage redevelopment in Singapore, stock climbs

Tuesday  said that its indirect wholly owned Singapore operating subsidiary, Springview Enterprises Pte., won a major contract worth S$1.725 million. The contract is for the redevelopment of two units ...

Posted on 17/06/2025

These projects contributed to Singapore’s new residential stock growth

The Core Central Region accounted for over half of the new completions. In a recent report, Savills noted that following a substantial level of completions in the previous two quarters in Singapore, ...

Posted on 17/06/2025

Australian resort operator GemLife IPO to raise up to A$750 million, says Thakral

SINGAPORE] An associate of property investor Thakral Corporation has launched an initial public offering (IPO) to raise up to A$750 million (S$628.2 million) at an implied post-money valuation of A$1.

Posted on 17/06/2025

AUD 750mn GemLife IPO Launched by Thakral Corp

Thakral Corp announces AUD 750 million IPO for GemLife Communities Group in Australia, projected as the largest IPO in 2025. GemLife offers over-50s lifestyle resorts.

Posted on 17/06/2025

Indonesia Pushes for Stronger Economic Cooperation with Singapore

Jakarta. Indonesia recently called for stronger cooperation with its close neighbor Singapore particularly in sectors such as investment and tourism.

Posted on 17/06/2025

Johor-Singapore Special Economic Zone borders on success

Singapore and Malaysia — are now embarking on the Johor-Singapore Special Economic Zone. While teething issues are to be expected, the ambitious initiative could help redefine regional growth by ...

Posted on 17/06/2025

Singapore travel rewards platform HeyMax eyes expansion to Japan and other popular destinations

Users can earn miles from their credit card spending to redeem flights and hotel points.  Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 17/06/2025

Singapore’s Trident Digital Targets Mammoth $500M Raise to Establish XRP Treasury

Singapore-based Trident Digital (TDTH) is looking to raise up to $500 million to build what it says will be one of the world’s first corporate treasuries centered around XRP. The listed tech firm, ...

Posted on 17/06/2025

Singapore’s Temasek, Kuwait wealth fund join AI infrastructure investment group

Singapore state investment firm Temasek Holdings and Kuwait Investment Authority (KIA) have joined the AI Infrastructure Partnership (AIP) consortium to invest in artificial intelligence ...

Posted on 17/06/2025

Singapore Money Laundering Scandal: 6 Single-Family Offices Linked to Major Money Laundering Case

Singapore, renowned for its robust financial sector and stringent regulatory framework, has been thrust into its largest-ever money laundering scandal, involving six single-family offices (SFOs) and a ...

Posted on 16/06/2025

Indonesian govt seeks larger investment from Singapore

Coordinating Minister for Economic Affairs Airlangga Hartarto has urged Singapore to increase its investment in Indonesia to US$30 billion to US$40 billion as ...

Posted on 16/06/2025

Prabowo Says Danantara Copies Singapore’s $303 Billion Temasek ‘With Pride’

“ [An] achievement of Singapore that we copy with pride is your sovereign wealth fund: Temasek. … Danantara’s name actually means the future energy of Indonesia. So we are doing this for [our] future ...

Posted on 16/06/2025

EU interest rate tightening may not affect Singapore directly: Austrian central bank governor

SINGAPORE] Europe’s return to conventional monetary policy will not affect Singapore directly through interest rates, but indirectly through the Republic’s investments overseas, said Professor Robert ...

Posted on 16/06/2025

DBS keeps CLCT at ‘buy’; impending IPO of CLCR to help narrow yield spread

DBS Group Research has maintained its "buy" call and 85 cents target price on CapitaLand China Trust following news that it is taking an initial 5% stake in CapitaLand Commercial C-REIT (CLCR), slated ...

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