Standard Chartered

Yield watch

The dividend poser

As a result of MOH measures, Singapore Exchange Regulation (SGX RegCo) had earlier announced measures to give time extensions for companies with Dec 31, 2019 year-ends to hold their AGMs by June 30, 2020.

Fintech

Fintech startup soCash raises US$6 mil in series B funding round

SINGAPORE (July 22): soCash, the Singapore-headquartered fintech startup, announced that it has raised US$6 million ($8.2 million) in its series B funding round.

Restructuring

Standard Chartered to cut Dubai, Singapore jobs

LONDON/DUBAI (Dec 3): Standard Chartered Plc is cutting jobs in Dubai and key markets including Singapore as it looks to curb expenses, people familiar with the matter said.

Global Economy

Asia ex-Japan may see a less bountiful 2018 after record year of bond transactions: Debtwire

SINGAPORE (Jan 11): The Asian USD high-yield (HY) bond primary market in 4Q17 was boosted by the resurgence of offshore-issuance approvals from Chinese regulators and a continued appetite for new paper.

The ultra rich in Singapore and HK keep poaching Morgan Stanley’s top bankers

SINGAPORE (Nov 23): Asia’s swelling ranks of mega-wealthy are proving to be a mixed blessing for Morgan Stanley.

Results

Tat Hong's 2Q losses narrow to $2.8 mil on improved gross profit

SINGAPORE (Nov 14): Tat Hong Holdings saw its losses for the 2Q18 ended Sept nearly halve to $2.8 million from its reported loss of $5.4 million in 2Q17, mainly due to an improvement in gross profit and share of profit from associates and joint ventures (

StanChart said to be probed on clients' US$1.4 bil transferred to Singapore

(Oct 6): Regulators in Europe and Asia are investigating Standard Chartered over the role staff may have played in transferring US$1.4 billion ($1.9 billion) of private bank client assets from Guernsey to Singapore before new tax transparency rules were i

Yanlord inks $1.5 bil credit facility with consortium of 26 financial institutions

SINGAPORE (April 24): Real estate developer Yanlord Land Group today signed a landmark US$1.05 billion ($1.5 billion) syndicated 3.5 year credit facility with a consortium of 26 global banks and financial institutions, for refinancing and general corpora

EY Entrepreneur of the Year 2017 now open for nominations

SINGAPORE (Feb 7): The 16th annual EY Entrepreneur Of The Year (EOY) awards was officially launched at a ceremony held at St Regis Singapore today.
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