Posts by Liam Redmond
Infinity Development sees muted Catalist debut; up 1.3% from all-placement offer price
[ad_1] [SINGAPORE] Shares of adhesive manufacturer Infinity Development were up 1.3 per cent at Wednesday’s (Dec 3) open – as the company debuted on the Catalist board of the Singapore Exchange. The counter opened at S$0.395, compared with its all-placement offer of 35.1 million placement shares at S$0.39 apiece. It later ticked up to S$0.40…
Read MoreAdani Group plans US$15 billion India airports expansion by 2030
[ad_1] [DELHI] The Adani Group plans to invest US$15 billion to boost passenger capacity at its airports to 200 million annually in the next five years, sources familiar with the matter said, helping power India’s aviation boom as it prepares to list its airport unit. The plan involves adding terminals, taxiways, and a new runway…
Read MoreUltraGreen.ai shares jump 10% from IPO price on SGX mainboard trading debut
[ad_1] [SINGAPORE] Shares of UltraGreen.ai surged 10 per cent on Wednesday (Dec 3) morning from its offer price of US$1.45, as the company debuted on the Singapore Exchange’s mainboard. The pre-market quote was up by about 5 per cent at US$1.52, before the counter began trading at US$1.51 at market open. It subsequently climbed to…
Read MoreUltraGreen.ai shares up 7.5% at midday on SGX trading debut in largest non-Reit IPO since 2017
[ad_1] After hitting a high of US$1.62 in the morning, it eases to S$1.56 by midday; offer was 13.6 times subscribed [SINGAPORE] UltraGreen.ai surged 12 per cent on Wednesday (Dec 3) morning from its offer price of US$1.45, as the company started trading on Singapore Exchange’s (SGX) mainboard. The initial public offering (IPO) is the…
Read MoreUltraGreen.ai shares up 7.6% at midday on SGX trading debut in largest non-Reit IPO since 2017
[ad_1] After hitting a high of US$1.62 in the morning, it eases to S$1.56 by midday; offer was 13.6 times subscribed [SINGAPORE] UltraGreen.ai surged 12 per cent on Wednesday (Dec 3) morning from its offer price of US$1.45, as the company started trading on Singapore Exchange’s (SGX) mainboard. The initial public offering (IPO) is the…
Read MoreUltraGreen.ai closes up 4.8% on SGX trading debut in largest non-Reit IPO since 2017
[ad_1] It ends the day US$0.07 higher at US$1.52 after hitting a high of US$1.62 in the morning [SINGAPORE] UltraGreen.ai surged 12 per cent on Wednesday (Dec 3) morning from its offer price of US$1.45, as the company started trading on Singapore Exchange’s (SGX) mainboard. The initial public offering (IPO) is the largest one since…
Read MoreIt’s time WNBA makes change to schedule — with one drastic option that shouldn’t be off table
[ad_1] Liberty star Sabrina Ionescu dreams of one day having her summers off. The idea of the WNBA transitioning to a more natural basketball schedule — played through the winter and into the spring — seemed far-fetched when Ionescu brought it up after a mid-July practice. “That’s a discussion for another day,” she said. “But…
Read MoreStocks to watch: Far East Group, UltraGreen.ai, Infinity Development
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Dec 3): Far East Group : The company on Tuesday announced that its dormant, 93.88 per cent indirectly owned subsidiary Far East Enterprise (Penang) will be undergoing a members’ voluntary winding up. The subsidiary was incorporated in Malaysia,…
Read MoreJD.com’s supply-chain technology unit seeks up to HK$3.3 billion in Hong Kong IPO
[ad_1] [HONG KONG] JD.com’s supply-chain technology unit has started taking investor orders for a Hong Kong initial public offering (IPO) that may raise as much as HK$3.3 billion (S$549 million), capping more than two years of efforts to go public. Jingdong Industrials is offering 211 million shares at HK$12.70 to HK$15.50 each, according to a…
Read MoreNew club Moss brings five stories of luxury amenities to Midtown Manhattan — if you can afford it
[ad_1] A new private club in a Midtown Manhattan skyscraper offers a range of luxury amenities, if you can pay the price. Moss recently opened in five stories at 520 Fifth Ave., a 1,002-foot-high supertall at 43rd St. – with monthly dues of $280 to $745 on top of initiation fees of $1,500 to $3,950.…
Read MoreAmazon rushes out latest AI chip to take on Nvidia, Google
[ad_1] [WASHINGTON] Amazon.com’s cloud unit raced to get the latest version of its artificial intelligence (AI) chip to market, renewing efforts to sell hardware capable of rivalling products from Nvidia and Google. The accelerator, called Trainium3, was recently installed in a few data centres and will be available for customers beginning on Tuesday (Dec 2),…
Read MoreGov. Gavin Newsom trolls Trump with phony new health update
[ad_1] California Gov. Gavin Newsom shared a bogus medical report in his latest attempt to troll President Donald Trump that labeled him the “healthiest human currently alive” and lavished praise on his arteries and resting heart rate. “His bone density is exceptional (a radiologist briefly wondered if we’d scanned a redwood), and his brain imaging…
Read More