Valuation
Singtel’s Philippine JV valuation doubles to US$5 billion on Ayala and MUFG investments
Philippine conglomerate to raise stake in Mynt to 13%; Japan’s financial giant will acquire 8% stake GLOBE Fintech Innovations, otherwise known as Mynt, has secured new investments that have...
Brokers’ take: RHB expects UOB’s valuation to provide downside support; raises target to S$32
Efforts to build up the bank’s wholesale platform look to be ‘bearing fruit’, RHB notesRHB on Tuesday (Jul 23) raised its target price on UOB to S$32 from S$30.10...
Cold storage Reit Lineage seeks up to US$19.2 billion valuation in US IPO
COLD storage real estate investment trust (Reit) Lineage said on Tuesday (Jul 16) it was targeting a valuation of up to US$19.16 billion in its initial public offering (IPO)...
Nvidia gets rare downgrade on valuation concerns after rally
Nvidia’s breakneck rally since the start of last year has finally run out of room to push higher, according to New Street Research analyst Pierre Ferragu.Ferragu downgraded the artificial...
Nvidia gets rare downgrade on valuation concerns after rally
Nvidia’s breakneck rally since the start of last year has finally run out of room to push higher, according to New Street Research analyst Pierre Ferragu.Ferragu downgraded the artificial...
Britain’s Revolut surges to record profit as it seeks US$40 billion valuation
BRITISH fintech company Revolut made a record pretax profit of £438 million (S$753 million) in 2023 on strong user growth and soaring interest-related income, it said on Tuesday (Jul...
Brokers’ take: Maybank raises Singtel target on higher valuation in associate
MAYBANK Securities has lifted its target price on Singtel by 5 per cent to S$3.40 from S$3.24, after its associate, Bharti Airtel, said last week that it would raise...
SoftBank to back AI startup Perplexity at US$3 billion valuation
SOFTBANK Group’s Vision Fund 2 is investing in US artificial intelligence (AI) startup Perplexity AI at a US$3 billion valuation, Masayoshi Son’s latest bet on a sector he deems...
