SGX’s First FinTech Company IPO – Ayondo

Ayondo – An European originated company that provides social trading and brokerage services announced its IPO and set to be listed on SGX on 26-Mar.   The 2 ‘Keywords’ Browsing through the headlines of media reports for the IPO, SGX Observer realised the 2 most associated keywords are ‘FinTech‘ and ‘Loss-Making‘.   Ayondo – Company

OCBC Bank overtakes SingTel as South-east Asia’s 2nd most valuable company

DBS overtook SingTel as South-east Asia’s most valuable company in November 2017. According to The Straits Times and TodayOnline, “The lender had a market capitalisation of S$62.97 billion as of Thursday (Nov 24)’s close, compared with Singtel’s S$60.42 billion. The telecommunications company is expected to face more competition from new Singapore mobile-phone entrant TPG Telecom Ltd.”

SGX StockFacts – Stock Facts?

Frasers Centrepoint Trust acquired one-third stake in Waterway Point (??) Frasers Centrepoint Asset Management Ltd (Manager of Frasers Centrepoint Trust) this morning issued a clarification note regarding ‘a website posting’ at SGX StockFacts portal title “Frasers Centrepoint Trust (SGX:J69U) acquired one-third stake in Waterway Point from Frasers Centrepoint Limited (SGX:TQ5)” (link) The Manager wishes to