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TSI Metals HK offers to acquire all shares of Dutech Holdings

TSI Metals HK Limited has proposed to acquire all 356.54 million issued and paid-up ordinary shares of mainboard-listed Dutech Holdings for S$0.40 per share in cash, with a view to delist the firm from the Singapore Exchange (SGX).

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SGX appoints new head of global sales and origination

THE Singapore Exchange (SGX) has named Pol de Win as its new senior managing director and head of global sales and origination. His appointment takes effect on July 1.

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DBS issues first tokenised bond on digital exchange

DBS is tokenising bonds to help investors better diversify their debt instruments.

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Singapore bank lending up 0.1% in April: MAS data

BANK lending inched up 0.1 per cent in April on higher consumer loans, data from the Monetary Authority of Singapore (MAS) showed on Monday.

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StanChart aims to double its consumer client base by 2025, says top executive

STANDARD Chartered (StanChart) aims to double its global mass banking and affluent clients by 2025, with the growth powered in part by the burgeoning wealth in Asia, said a top executive from the bank.

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Rich China tycoons park family offices in S’pore

MAEGAN Zhao, 37, came to Singapore with her young son three years ago to assess its living and education environment. She decided to enrol him in United World College, where he will start studying next year.

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Singapore, Hong Kong play complementary roles in wealth management

HONG Kong is the top capital market for Chinese enterprises venturing abroad. Data from the Hong Kong Stock Exchange (HKSE) showed that as at end-March this year, H-share and red-chip companies have a combined market value of over HK$12 trillion (S$2 trillion), making up 23 per cent of...

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The super rich are choosing Singapore as the world’s safest haven

WHEN Singaporean car dealer Keith Oh first read the Facebook message, he was not sure if it was real. A Chinese client ordered a S$1.1 million Bentley - sight unseen - over the social network.

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DBS, StanChart execute Singapore’s first Sora-referenced interbank option trade

DBS and Standard Chartered (StanChart) have successfully executed Singapore's first interbank option trade referencing the Singapore Overnight Rate Average (Sora).

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Q1 Apac fintech funding data signals improving appetite for digital lending: S&P

DIGITAL lenders pulled in US$548 million over 38 transactions in the first quarter of 2021 to make up more than half the total amount raised by this sector over 2020, according to a recent report by S&P Global Market Intelligence.

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