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Top stories from The Straits Times on Friday, Dec 13
December 13, 2019 7:20 AMGood morning! Here are our top stories to kick-start your Friday, Dec 13. […]
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StanChart, PT Astra selling stake in Bank Permata to Bangkok Bank
STANDARD Chartered and PT Astra International Tbk are selling their 44.56 per cent stake each in Indonesia's Bank Permata to Bangkok Bank for approximately US$2.6 billion in an all-cash deal. […]
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Reit IPOs reign in Singapore, but more diversity welcome
SINGAPORE initial public offerings (IPOs) raised more money in 2019 than a year ago, but more diversity would be welcome, with Reits dominating new listings and set to continue doing so. […]
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Razer mulls digibank retail licence but notes tight Dec 31 deadline
RAZER is still mulling over applying for a Singapore digital banking licence but if it proceeds to meet the Dec 31 deadline, the gaming lifestyle brand will be gunning for one of two retail licences on offer. […]
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Malaysia's Etika to acquire Advend's vending operations
IN the latest string of private deals involving Singapore's small and mid-sized enterprises (SMEs), homegrown vending machine operator Advend Systems will be acquired by a Malaysian company linked to Japanese beverage conglomerate Asahi Group. […]