A term sheet showed the IPO, which will run from Aug. 1 to Aug. 6, puts a value of $4 billion on the company, which sold its first scooter in 2021. That valuation is about 25% lower than Ola's last ...
Proxymity and Deutsche Bank Extend Their Partnership With Singapore Market Deployment
Deutsche Bank Singapore goes live with Proxymity Vote Connect Global, the first Proxymity partner to launch in Singapore, expediting the arrival of true shareholder democracy worldwide with complete ...
RTX’s Collins Aerospace plans relocation to a new $250m manufacturing plant in Singapore
US-based Collins Aerospace has announced plans to relocate to a new $250m manufacturing plant in Singapore. Collins will transfer its operations from the current Bedok site as part of the relocation ...
Spate of 3 layoffs in 6 months lead to low morale among Citi Singapore staff
SINGAPORE: The ongoing restructuring efforts by US banking giant Citigroup have left employees in its... The post Spate of 3 layoffs in 6 months lead to low morale among Citi Singapore staff appeared ...
Fidelity, Nomura line up bids for Ola Electric’s India IPO, sources say
SoftBank-backed Indian e-scooter maker Ola Electric's IPO is set to draw investor bids from Fidelity, Nomura and Norway's Norges Bank, as well as several Indian mutual funds, two sources with direct ...
Ola Electric IPO GMP Today: Check e-scooter firm’s grey market premium ahead of subscription opening – Details
E-scooter manufacturer Ola Electric is set to launch its initial public offer (IPO) next week, collecting around Rs 5,500 crore from the primary market. The IPO will include both a fresh issue and an ...
Singapore is Egypt’s four biggest investor
Finance Minister Ahmed Kouchouk said, on Sunday 28/7/2024, that Singapore is Egypt's four biggest investor and the country is hoping to lure more Singaporean companies to boost economic activities in ...
FDI inflows in FY24: Singapore top investor in India – Mauritius, US, Japan and Netherlands in the list of top 5
Singapore emerged as the largest source of foreign direct investment (FDI) into India, despite a 31.55% drop in inflows to $11.77 billion. The total FDI — which includes equity inflows, reinvested ...
Ola Electric IPO opens on August 2: 10 key points for investors
The SoftBank-backed electric scooter maker Ola Electric is set to open its IPO for retail subscription on August 2 ... valuation than in its last funding round in September led by Singapore’s ...
High average daily turnover in Singapore stocks not always linked to large caps
THE 200 most traded stocks in Singapore have contributed almost all the S$1.1 billion in average daily turnover (ADT) for the local market in the 2024 year to Jul 24. ADT simply represents the total ...
Ola Electric IPO | SoftBank-backed IPO to open for subscription on August 2; valuation seen at $4.4 billion: Report
SoftBank-backed Ola Electric's IPO will open for retail subscription on Aug. 2, the Indian electric scooter maker said on Saturday, a stock offering that according to two sources will value the ...
Ola Electric to launch IPO next week, valuation seen at around $4.4 billion: Report
SoftBank-backed Ola Electric's IPO will open for retail subscription on Aug. 2, the Indian electric scooter maker said on Saturday, a stock offering that according to two sources will value the ...
Singapore’s Growing Investments in Vietnam: Key Sectors
Singapore's investments in Vietnam boost key sectors like manufacturing, real estate, and energy. Read on to learn more.
Ola Electric IPO: Issue to open for retail subscription on August 2, valuation expected at $4.4 billion
Electric two-wheeler maker Ola Electric will open its initial public offering (IPO) for retail subscription on August 2, the company said in a filing with the Securities and Exchange Board of India ...
Ola Electric to launch IPO next week, valuation seen at around $4.4 bln
The issue, which will open for institutional investors a day earlier on Thursday, will close for retail subscriptions on Aug. 6, the final IPO prospectus filing showed. Ola founder Bhavish Aggarwal ...
Ola Electric to launch its ₹5,500cr IPO on August 2
The IPO will close for retail subscriptions on August 6, as revealed by the final IPO prospectus filing. Institutional investors will have access to the offering a day earlier on August 1. Ola founder ...