Business
LMIRT launches rights issue to raise S$63 million
Most of the proceeds will go towards paying off loans; some of it will be used for general working capital Lippo Malls Indonesia Retail…
Tag
raise
Business
Rio Tinto outlines plan to cut costs, raise productivity at strategy day
Rio Tinto CEO Simon Trott outlined a plan to focus on cost cuts and productivity gains at his first strategy day on Thursday (Dec 4) as he…
Business
Data centres are expensive. Reits are ‘powerful tools’ to raise capital – and Singapore is benefiting
Data centres are projected to need US$6.7 trillion in global investments to keep up with computing power demand by 2030 Data centres are…
Business
Analysts raise CIMB target price on ‘surprise’ capital return initiative
The bank announces it will be returning up to RM2 billion of capital to shareholders by end-2027 Analysts are maintaining their bullish…
Business
Databricks in talks to raise capital at US$134 billion valuation: report
Data analytics firm Databricks is in talks to raise US$5 billion at a valuation of US$134 billion, which is roughly 32 times this year’s…
Business
Indonesian fund to raise another 12.6 trillion rupiah from patriot bonds
Indonesian sovereign wealth fund Danantara is raising an additional 12.6 trillion rupiah (S$991 million) through a debt offering to the…
Business
Sheikha Mayassa and Anna Wintour Raise $4 Million at Inaugural Franca Fund Gala in Doha
DOHA, Qatar — The evening after Fashion Trust Arabia’s star-studded awards ceremony, the fashion world reconvened for a more intimate…
Business
Infinity Development aims to raise net proceeds of S$11.1 million in Catalist IPO
The adhesive manufacturer will use the bulk of the net proceeds, or S$6.2 million, towards expanding in overseas markets Hong Kong-based…
Business
UltraGreen.ai aims to raise US$400 million in Singapore IPO, term sheet shows
UltraGreen.ai, a medical imaging and fluorescence-guided surgery company, is aiming to raise about US$400 million in a Singapore initial…
Business
Warner Bros Discovery wants Paramount to raise its offer to US$30 per share, Axios reports
WARNER Bros Discovery’s board wants Paramount Skydance to sweeten its latest bid of US$23.5 per share to about US$30 apiece, Axios…
News
Shelters plea for Gazans as winter rains raise fears of more disease and death
Yolande Knell,Middle East correspondent, Jerusalem and Wahiba Ahmed,Jerusalem Aid agencies have reiterated calls for Israel to allow more…
News
Trump rolls back tariffs on grocery items, and critics say it's an admission tariffs raise prices
President Trump has signed an executive order to reduce tariffs on grocery items that have risen in price or cannot be grown easily in the…
Business
James Van Der Beek Auctioning ‘Dawson’s Creek’ Memorabilia to Raise Money for Medical Fees Amid Cancer Battle
James Van Der Beek is seeking additional finances to help cover costs for his cancer treatment. The 48-year-old “Dawson’s Creek” star has…
Beauty
Power Dressing Tips That Demands a Raise This Winter
Let’s get one thing straight: plus size power dressing isn’t about mimicking old-school suits or playing it safe. It’s about walking into…
Business
WeRide is poised to raise HK$2.39 billion in Hong Kong listing
WeRide is set to raise HK$2.39 billion (S$402 million) from its Hong Kong share sale, according to sources familiar with the matter, as it…
Business
YZJ Maritime to make mainboard debut on Nov 18, looking to raise S$5.2 million through placement
It expects a market capitalisation of S$2.04 billion upon completion of the distribution and placement Yangzijiang (YZJ) Maritime…
Business
Meituan seeks to raise US$3 billion in dual-currency bond sale
The company operates online platforms for food delivery and other consumer products Meituan plans to raise around US$3 billion in what…
Business
SoftBank-backed Lenskart IPO to raise as much as 72.8 billion rupees
The eyewear retailer is the latest big name to go public in the country, coming on the heels of two billion-dollar IPOs this month Eyewear…
Business
Ripple-tied treasury firm to raise over US$1 billion to go public
The companies have funded tens of billions of US dollars purchases of their target tokens and enjoyed hefty premiums when investors were…
Lifestyle
Shoes for a Cure Makes a Splash in Miami as Top Brands Unite to Raise Money for Breast Cancer Research
Shoes for a Cure is making a splash in Miami Design District this weekend to raise money for breast cancer research. More than 20 brands,…
Business
Chinese data centre firm GDS aims to raise over US$1 billion for international unit DayOne: sources
GDS is aiming to build up DayOne into an independently run and separately listed unit in the mid to long term GDS Holdings, one of China’s…
News
This everyday drink could raise your liver disease risk by 60%
If every afternoon, like clockwork, you find yourself at the vending machine punching in the code for your daily Diet Coke, you may want…
Business
Mt. Joy Raise or Donate Nearly $500,000 for Charity, One Step at a Time
The L.A.-based, Philadelphia-reared quintet Mt. Joy are probably no one’s idea of millionaire rock stars, yet they’ve been using their…
Business
Del Monte expects to raise US$500 million to US$600 million in private placement to tackle debt
The company is also considering asset disposals and engaging bankers on its loans Del Monte Pacific could raise between US$500 million and…