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UltraGreen.ai’s 5.9 million share public offer 4.5 times subscribed
[SINGAPORE] The public tranche of the Singapore initial public offering (IPO) of medical imaging and surgery technology firm UltraGreen.ai notched a subscription rate of 4.5 times, with more than...
Elon Musk’s latest Tesla pay package could make him the world’s first trillionaire
Tesla shareholders have a limited time to vote on whether to approve a staggering pay package for chief executive Elon Musk that could award him nearly $1 trillion in...
Grindr receives buyout offer to take dating app private
Grindr, the publicly-traded company behind the popular dating and social networking app for LGBTQ people, is closer to becoming private.On Friday, two of Grindr’s board members who are also...
Leighton Meester, Adam Brody Share Whether Their Kids Will Follow in Their Footsteps
Nobody wants to be pushed into the family business. And that’s why Leighton Meester and Adam Brody aren’t forcing their daughter Arlo, 10, and 5-year-old son to join them on the...
Jardine Matheson to delist Mandarin Oriental at US$3.35 a share; Mandarin Oriental sells HK property for US$925 million
[SINGAPORE] Controlling shareholder Jardine Matheson is moving to take Mandarin Oriental private in a recommended cash takeover valued at US$3.35 per share, bringing the hotel group’s total valuation to...
OpenAI lifts another AI laggard with big plans for AMD
OpenAI bestowed its blessings and backing on another tech company Monday, inking a deal with chipmaker Advanced Micro Devices, instantly making it one of the hot companies investors hope...
With stock purchase, Elon Musk signals confidence in Tesla’s self-driving tech
In a move that boosted Tesla’s stock in midday trading on Monday, it was revealed that Chief Executive Elon Musk purchased approximately $1 billion worth of the company’s shares.The...
MAS needs to boost retail share of IPO listings
It would be fairer to retail investors and add to market liquidity given the larger pool of shareholdersI REFER to the commentary “It’s sink or swim time for local...
