Uncertainty kills deals’: finance M&A likely to stay subdued after Q1 decline Mergers and acquisitions in…
Category: EQUITY/M&A
OCBC PLANS TO TAKE GREAT EASTERN PRIVATE
Singapore’s second-biggest lender, OCBC, unveiled a S$1.4 billion offer on Friday (May 10) to buy the…
DBS BEATS FORECASTS WITH POSITIVE OUTLOOK AHEAD
Singapore’s biggest bank DBS Group reported on Thursday (May 2) first-quarter results that trumped expectations with…
SingTel SHARES FALL BY 3% FOLLOWING US$2.3B IMPAIRMENT
Shares of Singapore Telecommunications (Singtel) fell as much as 3.3 per cent on Monday (Apr 29)…
GoTo POST Q1 ADJUSTED EBITDA AT $6.28M
Indonesia’s biggest tech firm PT GoTo Gojek Tokopedia Tbk posted on Monday a first-quarter underlying loss…
MICROSOFT TO INVEST $1.7B IN INDONESIA
Microsoft CEO Satya Nadella says investment will help Southeast Asia’s biggest economy thrive in ‘new era’.…
MALAYSIA CHARTING ITS WAY INTO HIGHER GROWTH
Led by Prime Minister Anwar Ibrahim since 2022, Malaysia is slowly leaving behind its troubled past,…
HSBC SETS UP US$1B GROWTH FUND
HSBC on Wednesday (Mar 27) said it is setting up a US$1 billion growth fund called…
CEO OF DBS AIMING FOR 15%-17% ROE in 3-5 YEARS
SINGAPORE: Singapore’s biggest bank DBS Group is confident of achieving a return on equity (ROE) of…
SINGAPORE BANK’ EARNINGS MOMENTUM TO LOSE STTEAM ON FUNDING COSTS, RATE CUTS
Singapore banks’ earnings momentum is set to lose steam this year amid rising funding costs and…