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Hupsteel shares fall below public float, to be suspended at offer close, Companies & Markets

Hupsteel shares fall below public float, to be suspended at offer close, Companies & Markets

Thu, Aug 22, 2019 – 9:13 PM THE valid acceptances exceeding 90 per cent held by the founding Lim family, following its voluntary conditional cash offer for steel trader Hupsteel, mean that the company’s shares…

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Chip Eng Seng proposes rights issue to raise S$96m for expansion, Companies & Markets

Chip Eng Seng proposes rights issue to raise S$96m for expansion, Companies & Markets

Thu, Aug 22, 2019 – 11:30 PM MAINBOARD-LISTED developer Chip Eng Seng on Thursday said that it plans to do a renounceable underwritten rights issue of about 156.5 million new shares at S$0.63 each, to raise net proceeds of about S$96.3…

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BT journalist Marissa Lee among winners at SGX Orb Awards , Banking & Finance

BT journalist Marissa Lee among winners at SGX Orb Awards , Banking & Finance

Thu, Aug 22, 2019 – 4:33 PM THE Business Times (BT) journalist Marissa Lee has emerged as one of the winners at the second edition of the SGX (Singapore Exchange) Orb Awards, which seeks to encourage…

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UOB expands to northern Vietnam with opening of first Hanoi branch , Banking & Finance

UOB expands to northern Vietnam with opening of first Hanoi branch , Banking & Finance

Thu, Aug 22, 2019 – 2:51 PM UNITED Overseas Bank (UOB) continues to deepen its presence in Vietnam with the opening of its Hanoi branch on Thursday – the bank’s first beyond Ho Chi Minh City.…

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Singapore unveils plan to help accountancy sector speed up technology adoption, Banking & Finance

Singapore unveils plan to help accountancy sector speed up technology adoption, Banking & Finance

Thu, Aug 22, 2019 – 11:38 AM SINGAPORE’S accountancy sector will push ahead with digitalisation through a new accountancy industry digital plan (IDP) developed by the Singapore Accountancy Commission (SAC), the Institute of Singapore Chartered…

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The last thing banks need is even lower rates, Banking & Finance

The last thing banks need is even lower rates, Banking & Finance

Thu, Aug 22, 2019 – 5:50 AM IT is generally accepted that one of the keys to a healthy economy is a robust banking system. For some reason, though, central banks seem intent on doing…

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StanChart says its global network gives it an edge over rivals, Banking & Finance

StanChart says its global network gives it an edge over rivals, Banking & Finance

Singapore AMID the clouds seeded by the trade war, Standard Chartered (StanChart) sees opportunities from helping clients navigate the increasingly complex cross-border financing landscape. Its global head of commercial, corporate and institutional banking (CCIB) Simon…

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Digitalisation must be a top priority for all companies, Banking & Finance

Digitalisation must be a top priority for all companies, Banking & Finance

ABOUT 36 per cent of respondents in the Singapore Chinese Chamber of Commerce and Industry’s annual business survey are making digitalisation a top priority. Yet, it is crucial for any business today. Digitalisation is not…

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BOS hires head of bespoke investments for Greater China and North Asia, Companies & Markets

BOS hires head of bespoke investments for Greater China and North Asia, Companies & Markets

Singapore BANK of Singapore (BOS), the private banking arm of OCBC Bank, has appointed Kelvin Teo as head of bespoke investments for Greater China and North Asia, amid the rise of ultra high net worth…

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UOB, OCBC and DBS lead in study of Asean sustainable banking, Banking & Finance

UOB, OCBC and DBS lead in study of Asean sustainable banking, Banking & Finance

Singapore AMONG 35 Asean banks assessed, only the three Singapore banks and a Thai financial institution met at least half the criteria in a survey of their performance in environment, social and governance (ESG) integration.…

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