Raises
Singapore-listed Malaysian glove makers get a boost as US raises tariffs on China gloves
MARKET watchers are optimistic on the prospects of Malaysia’s glove making sector as the US looks to impose higher tariffs on Chinese gloves. This follows the United States Trade Representative’s...
Microsoft announces US$60 billion buyback, raises dividend 10%
MICROSOFT unveiled a new US$60 billion stock-buyback programme, matching its largest-ever repurchase authorisation, and raised its quarterly dividend 10 per cent.The software company said shareholders as at Nov 21...
Olam raises bid for Australia’s Namoi Cotton to A$0.75 per share
This comes days after independent directors of Namoi unanimously recommended that shareholders accept Louis Dreyfus Company Melbourne’s takeover offerTHE tussle for Australia’s largest cotton ginner is heating up as...
Midea raises US$4 billion in upsized Hong Kong listing
CHINESE appliance giant Midea Group raised US$4 billion in its Hong Kong listing in an enlarged deal that was priced at the top of the marketed range, in a...
Taishin raises offer for Shin Kong in what could be Taiwan’s biggest financial deal
TAIWAN financial conglomerate Taishin said it would raise its offer for peer Shin Kong by 25 per cent to about NT$222.4 billion (S$9 billion), in a deal that would...
Investment and trading platform SDAX raises US$50 million in Series B2 round
The funds will be used to grow the business to include sectors such as wealth and fund managementSINGAPORE’S Digital Asset Exchange (SDAX) has raised US$50 million at the close...
Brokers’ take: RHB raises SGX target on higher SDAV estimates
RHB raised its target price on the Singapore Exchange (SGX) to S$11.70 from S$10.80 after the bourse’s August securities turnover data came in higher than estimates by the research...
Hewlett Packard Enterprise raises annual profit forecast on AI strength
HEWLETT Packard Enterprise (HPE) raised its annual profit forecast on Wednesday (Sep 4), as demand for artificial intelligence (AI) servers continues to pick up owing to higher investments in...
