Posts Tagged ‘Dual’
The SGX-NYSE tie-up didn’t take off, but conditions today may spell success for SGX-Nasdaq dual listing
Rising interest rates and post-pandemic situation weighed on market in 2022, but that has changed [SINGAPORE] There has been much buzz regarding the Singapore Exchange’s (SGX) move to roll out a new dual-listing bridge with Nasdaq. Are there lessons from a similar tie-up with the New York Stock Exchange (NYSE) announced years back, which failed…
Read MoreRaffles Education seeks shareholder nod for dual sale of China asset, Merchant Road property
Two extraordinary general meetings will be held on Feb 3; share price jumps 21.3% [SINGAPORE] Raffles Education is seeking shareholder approval for the disposals of its college asset in China for 426.4 million yuan (S$75.9 million) and a Merchant Road property for S$121.8 million. Following the news, the company’s shares jumped S$0.032 or 21.3 per…
Read MoreNew Poll Shows Americans Reject Dual Citizenship Ban, 60% Say Immigrants to Keep Their Original Citizenship
A clear majority of Americans oppose efforts to strip immigrants of their original citizenship, according to a new YouGov poll that puts Ohio Republican Senator Bernie Moreno‘s controversial dual citizenship ban at odds with public opinion. The survey found that 60% of respondents believe naturalised citizens should be allowed to retain their birth nationality, dealing…
Read MoreOlam Group says unit secures US$1.12 billion dual currency loan
OLAM Group said on Wednesday its unit olam food ingredients (ofi) had secured a multi-tranche dual currency term loan facility aggregating US$1.12 billion. The facility, consisting of two US dollar tranches of US$775 million in total and a tranche of 2.42 billion yuan (S$444.3 million), would be transferred to the unit following its planned initial…
Read MoreOlam unit bags US$1.12 billion dual currency loan facility
It will be used to refinance ofi’s existing loans and for general corporate purposes [SINGAPORE] Agribusiness conglomerate Olam Group said on Wednesday (Dec 10) that its wholly owned subsidiary, Olam Food Ingredients (ofi), secured a multi-tranche dual currency term loan facility of US$1.12 billion. The facility consists of two US dollar tranches of US$775 million…
Read MoreBill Could Force 5M Americans, Including Melania Trump and Elon Musk, to Renounce Dual Citizenship
A Republican senator’s bill to ban dual citizenship would place First Lady Melania Trump, tech billionaire Elon Musk, and an estimated five million Americans in an impossible dilemma: choose one country or automatically lose US citizenship. The Exclusive Citizenship Act of 2025, introduced by Senator Bernie Moreno on 1 December, explicitly prohibits ‘dual or multiple…
Read MoreAurelux Group Launches as a Dual Sector Firm Offering Off Market Jet Sourcing and Financial Concierge Services
Aurelux Group announces official launch, marking the entry of a new player focused on two specialized sectors: discreet off-market corporate jet sourcing and financial concierge services supporting U.S. businesses and employees with payroll-related tax solutions. The company, founded by Leroy-Laurent Glass, is positioning its work around accessibility, transparency, and relationship-driven service across both aviation and…
Read MoreNasdaq-listed AvePoint launches public offering for dual listing on SGX mainboard
The purpose is to increase the company’s financial flexibility and create a market for its shares on the Singapore Exchange [SINGAPORE] Cybersecurity company AvePoint has launched a public offering on the mainboard of the Singapore Exchange (SGX), listing 13.3 million common shares at S$19.50 per share. Underwriters have a 30-day option to purchase up to…
Read MoreSingapore’s Carro eyes M&A, Australia foray ahead of potential dual listing
It will also be the first major automotive tech and commerce startup from Singapore to go public in the US [SINGAPORE] Carro, South-east Asia’s largest used-car online marketplace, is weighing a dual listing and plans to bulk up for it by expanding into Australia and pursuing two to three acquisitions as early as the next…
Read MoreSingapore’s Carro eyes M&A, Australia foray ahead of potential dual listing
It will also be the first major automotive tech and commerce startup from Singapore to go public in the US [SINGAPORE] Carro, South-east Asia’s largest used-car online marketplace, is weighing a dual listing and plans to bulk up for it by expanding into Australia and pursuing two to three acquisitions as early as the next…
Read More