Stocks to watch: MCT, First Resources, Raffles Medical, UE, Bumitama, Vicom, KSH

12 Nov 2019 - The Business Times
THE following companies saw new developments that may affect trading of their shares on Tuesday: Mapletree Commercial Trust (MCT): MCT has raised S$460.5 million in gross proceeds from its preferential offering, which was 1.45 times subscribed, it said on Monday night. Some 205.6 million new units will ...
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Tencent should be split up

12 Nov 2019 - The Business Times
[TAIPEI] China's most ubiquitous company is hiding one of its most valuable assets. That needs to change. Tencent Holdings Ltd, best known for the WeChat messenger that almost everyone in the country uses, has a growing fintech business. But it's getting overshadowed by the games and social media divisions. ...
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Dennis Tan quits as OCBC's head of consumer financial services, Sunny Quek taking over

11 Nov 2019 - The Business Times
DENNIS Tan who oversees OCBC Bank's consumer financial services Singapore is leaving the bank. Mr Tan had joined OCBC, the second largest banking group in South-east Asia, 10 years ago as head of branch and group premier banking. He was appointed its consumer financial services Singapore in November ...
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Stocks to watch: DBS, Jardine C&C, EHT, Venture, ST Engineering, CapitaLand, UIC, Metro

11 Nov 2019 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Monday: DBS: South-east Asia’s largest bank's net profit for its third quarter climbed 15 per cent, boosted by loan growth, record fee income and higher trading gains, it said on Monday. Net profit for the three ...
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Artificial intelligence to power up UOB's mobile banking app

11 Nov 2019 - The Business Times
Singapore EVER missed your regular Netflix or Spotify payment when it was due? A new mobile banking app feature by the United Overseas Bank (UOB) can now tell you if payment for your usual subscription-based service is coming up. It can even alert you if subscription fees have increased... To continue ...
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Which e-wallet app is the most used in Singapore?

8 Nov 2019 - Singapore Business Review
GrabPay topped the list of most number of active users and most downloads in a month. GrabPay remains the top e-wallet app in Singapore for the eighth quarter running, according to a study by online shopping aggregator firm iPrice and analytics platform App Annie. iPrice and App Annie used app metrics ...
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All-in-one Singapore payment platform launched by fintech startup Rapyd

8 Nov 2019 - The Business Times
MAJOR payment methods in Singapore are now accessible via an all-in-one platform created by Rapyd. The London-based fintech-as-a-service startup on Friday announced its partnership with key players in the city-state’s payments ecosystem to enable businesses and consumers to go cashless more easily. It ...
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OCBC, DBS vying for Indonesia's Bank Permata

8 Nov 2019 - Singapore Business Review
Bank Permata’s owners are seeking a valuation 1.6x of its book value. Reuters reports that OCBC Group Holdings, DBS Holdings, and Japanese banking giant Sumitomo Mitsui Financial Group are vying to buy Indonesia’s PT Bank Permata, according to sources familiar with the matter. They said Bank Permata’s ...
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ARA US Hospitality Trust Announces Acquisition of a Portfolio of Three Premium Marriott-Branded Upscale Select-Service Hotels in the United States

6 Nov 2019 - ACN Newswire
ARA US Hospitality Trust ("ARA H-Trust") is pleased to announce that it has today entered into a conditional purchase and sales agreement to acquire a portfolio of three Marriott-branded upscale select-service hotels in the United States for US$84.5 million. The three freehold properties are located ...
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Is Singapore Exchange Limited Overpriced?

31 Oct 2019 - The Motley Fool Singapore
Singapore Exchange Limited (SGX: S68), or SGX, has seen its share price soar to a new 5-year high of S$8.85 last Friday. SGX is Singapore’s sole stock exchange and provides a platform for the buying and selling of securities such as equities, derivatives, options, fixed income, and currencies. The bourse ...
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