Business
Catalist-aspirant Toku to sell 65 million shares at S$0.25 apiece for its initial public offer
The company will raise net proceeds of S$13.7 million; post-listing, it will execute its expansion plans A listing on the Catalist board…
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Initial
Business
US regulator grants crypto firms initial approval to launch trust banks
The regulator still has to sign off with a final stamp of approval before each of the trust banks can begin to operate Crypto giants,…
Business
Nio shares rebound 7% from initial plunge after GIC lawsuit alleges inflated revenue
The recovery comes a day after the counter dived as much as 13.8 per cent amid allegations of inflated revenue Shares of Nio recovered on…
Business
Nio shares rebound 7% after initial plunge on GIC lawsuit alleging inflated revenue
The recovery comes a day after the counter dived as much as 13.8% amid allegations of inflated revenue Shares of Nio recovered on Friday…
Business
Who is Matt Dietke? Mark Zukerberg Hires AI Prodigy with $250M Deal After He Rejects Initial Deal
US technology giant Meta, which is on a hiring spree of highly talented AI researchers, has lured one more AI prodigy, Matt Deitke, in an…
Business
GIC to expand AI use after initial trials to review deals yield positive results
Artificial intelligence (AI) will have a foundational impact on the world, and offers unparalleled opportunities for investments and…
Business
MAS appoints first 3 asset managers to inject initial S$1.1 billion into Singapore equities
Temasek-backed Fullerton Fund Management will be among the first of three asset managers to tap a S$5 billion investment fund initiative…
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GrabCab launching in July with initial fleet of 40 Toyota Prius taxis
GrabCab vehicles will hit the road from July as Singapore’s sixth and newest taxi operator launches its services, with 40 cabs in its…
Business
ST Engineering and HTX form JV company with initial capital of S$10 million
The JV company, Codex Solutions, will focus on developing and maintaining in-house software capabilities for the Home Team ST…
Business
Initial MAS review group incentives could pull in regional biotech, fintech players: observers
High-growth companies in the technology, healthcare and sustainability-linked industries are potential entrants, too MARKET watchers…
Business
SGX falls 5.8% as initial MAS review group proposals dampen earlier optimism; Citi downgrades stock to ‘sell’
The counter could potentially give up much of its gains since unveiling its first-half results SHARES of Singapore Exchange (SGX) fell as…
Business
CLI to acquire initial 40% interest in SC Capital Partners for S$280 million
CAPITALAND Investment (CLI) has agreed to buy an initial 40 per cent stake in Singapore-headquartered real estate investment manager, SC…