Daily Briefing: GoBear bags $24.12m from existing investors; LongHash Ventures reveals fourth cohort of startups

28 May 2020 - Singapore Business Review
And Ziliqa rolls out social media initiatives to support relief efforts. From DealStreetAsia: Fintech firm GoBear snapped up $24.12m (US$17m) funding from its existing Dutch investors Walvis Participaties and Aegon to expand its financial services platform, according to an announcement. The firm plans ...
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Singapore stocks: STI resumes Monday afternoon up 0.1% on day

16 Dec 2019 - The Business Times
SINGAPORE shares reversed course to resume trading in positive territory on Monday afternoon, with the Straits Times Index gaining 0.1 per cent or 3.27 points to 3,217.32 as at 1.05pm. Gainers outnumbered losers 162 to 130, after about 458.4 million shares worth S$346.3 million changed hands. Among ...
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Stocks to watch: DBS, UOB, Keppel, Debao, Mercurius, Jumbo, Raffles Infra, Sim Leisure

16 Dec 2019 - The Business Times
THE following companies saw new developments that may affect trading of their shares on Monday: DBS, UOB: UOB and DBS have teamed up with Standard Chartered Bank (Singapore) to extend a S$945 million green loan to Allianz Real Estate and Gaw Capital Partners, the banks announced on Monday morning. The ...
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UOB, DBS and StanChart grant $945m green loan for DUO Tower deal

16 Dec 2019 - Singapore Business Review
The loan was granted to Allianz Real Estate and Gaw Capital Partners. United Overseas Bank (UOB), DBS Bank and Standard Chartered Singapore have jointly grant a $945m green loan to asset manager Allianz Real Estate and private equity fund firm Gaw Capital Partners to finance their acquisition of DUO ...
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Daily Briefing: SingSaver launches digital insurance comparison platform; Hardware firm Home-Fix closes down

13 Dec 2019 - Singapore Business Review
And Pan Pacific Hotels Group rebrands The Westin Prince Hotel in Toronto. From e27: SingSaver.com.sg, Singapore’s financial comparison platform, has launched instant digital insurance comparisons and secured a brokerage license from the Monetary Authority of Singapore (MAS). With the license, the platform ...
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Property investments hit $10.2b as investors target tight office supply

18 Nov 2019 - Singapore Business Review
The city recorded its lowest volume of office supply in a decade. Overseas investors are racing for Singapore’s offices as rents and occupancies climb amidst a tight pipeline that saw the city record one of its lowest office supplies over the past decade. The property sector enjoyed a colossal third ...
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UOB withdraws JM application, statutory demands against Hoe Leong

8 Nov 2019 - The Business Times
HEAVY equipment supplier Hoe Leong Corporation on Friday said that the Singapore High Court has granted leave for United Overseas Bank (UOB) to withdraw its application to place the firm under judicial management. Accordingly, UOB has filed a notice to do so, and has also withdrawn all statutory demands ...
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Allianz says mental illness needs to be addressed holistically

30 May 2019 - The Star Online
KUALA LUMPUR: Allianz Malaysia Bhd said the onus should not be solely on insurance companies on the issue of insurance coverage for mental illnesses, amid calls from the government for insurers to also cover such illnesses. “This is an issue that we are looking at and will have to look at because society ...
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Daily Briefing: Five-room HDB flat in Boon Tiong Road sold for record $1.2m; Allianz Real Estate invests US$600m into GLP

9 May 2019 - Singapore Business Review
And about 164,000 Singaporeans living private properties have not declared their income. From DealStreetAsia: Allianz Real Estate, the realty investment arm of German insurer Allianz, has committed to invest US$600m in the China and Japan-focused funds of Singapore-based logistics major GLP, according ...
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Quick take: Allianz shares rise on strong results and dividend

22 Feb 2019 - The Star Online
KUALA LUMPUR: One of the best performers on Bursa Malaysia on Friday has been Allianz Malaysia Bhd share price, after it announced a 15% rise in fourth quarter net profit and declared 40 sen dividend. In morning trade the conglomerate’s shares are up a sizeable 30 sen, or 2.11% to RM14.30. Allianz-PA ...
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