Markets & Investing

OCBC bags over 90% of Great Eastern’s shares, trade suspension to take effect

Trade suspension will be lifted if Great Eastern's public float rebounds to at least 10%.

SingPost settles share transfer issue with Famous Holdings

Famous Holdings will transfer 37.5% shares to SingPost Logistics Investments.

SIAS cites ‘dilemma’ for minority shareholders amidst OCBC's GE offer

OCBC earlier announced a $1.4b offer to acquire the remaining 11.56% stake in GE.

Singapore dominates Southeast Asia tech funding

The city accounted for 68% of total funds raised in SEA in H1 2024.

Carro secures $75m multi-currency loan from HSBC

The loan will boost the company’s liquidity.

Singapore's YoY investment volume plunges 34.7% in Q1

The commercial sector is seeing the biggest decline.

Kuok Khoon Hong raises stake in Wilmar International to 14.1%

Kuok currently holds 880.1 million shares in Wilmar.

85 Singaporean companies included in Fortune’s SEA 500 rankings

Trafigura, Wilmar, Olam, Flex, and DBS all made it into the top 10.

Sabana REIT refutes claims bond issuance affects its internalisation process

Quarz Capital Asia alleged the bond issuance may jeopardise Sabana Industrial REIT financially.

Trafigura agrees to pay $55m to settle CFTC charges

The agreement neither admitted nor denied the CFTC’s findings.

Singapore stocks book $1b in net retail inflow so far this year

Capital flight from banks was more than offset by large net buying in other stocks.