Stocks to watch: Prudential, Keppel, Suntec Reit, Aztech Global, The Assembly Place
The following companies saw new developments that may affect trading of their securities on Friday (Jan 23): Source link
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Prudential
Prudential pays RM1.5 billion to raise stake in Malaysia unit to 70%
The insurer currently holds a 51% interest while local partner Detik Ria owns the rest Prudential will pay RM1.5 billion (S$483 million) in cash to increase its stake in Prudential…
HSBC, Prudential in US$220 million funding for Hong Kong’s WeLab
The city’s IPO market has seen a flurry of high-profile listings already this year Hong Kong-based fintech firm WeLab has secured US$220 million from investors including HSBC Holdings and…
Prudential taps ex-HSBC veteran Douglas Flint as chairman
Flint, who was chairman of HSBC until 2017, will replace Shriti Vadera and will join the board in March Prudential has appointed Douglas Flint as its next chairman, becoming the second…
Prudential Q3 new business profit rises 14% to US$705 million; regional CEO leaves
Prudential on Thursday (Oct 30) posted a 13 per cent year-on-year rise in “new business profit” (NBP) for its third quarter ended Sep 30. The insurance company also announced the departure…
Secondary listings like Nio, Nomura, Prudential, IHH add heft to SGX, but trading interest lags
In its renewed drive to draw more secondary listings, the bourse operator’s strategic priority is to encourage companies to issue shares locally The Singapore Exchange (SGX) is courting…
Most Gen Zs lack retirement plans but overlook insurance: Prudential Singapore
While it is never too late or too early to start planning for retirement, about seven in 10 Gen Zs in the Republic aged 16 to 28 said they do not have a retirement plan. Yet, more than…
Most Gen Zs lack retirement plans and overlook insurance: Prudential Singapore
While it is never too late, or early, to start planning for retirement, about seven in 10 Gen Zs in the Republic aged 16 to 28 said they do not have a such a plan. Yet, more than half are…
Prudential H1 new business profit up 12% at US$1.26 billion
The growth is supported by higher annual premium equivalent sales and margin expansion Prudential on Wednesday (Aug 27) announced that its new business profit – a measure of profitability…
Prudential H1 new business profit rises 12% to US$1.26 billion; Singapore second-largest contributor to growth
Prudential on Wednesday (Aug 27) announced that its new business profit – a measure of profitability for insurance businesses – rose to US$1.26 billion for its first half ended Jun 30.…
Stocks to watch: Prudential, OCBC, Keppel, Seatrium, SingPost, Wing Tai
The following companies saw new developments that may affect trading of their securities on Wednesday (Aug 27): Prudential: Its new business profit rose to US$1.26 billion for its first…
Prudential commences third tranche of US$2 billion share buyback scheme
Asia-focused insurer Prudential on Tuesday (Jul 1) announced the commencement of the third and final tranche of its US$2 billion share buyback programme launched in June 2024. This latest…
Prudential, AIA still offering pre-authorisation at Mount Elizabeth hospitals despite Great Eastern’s shock move
Insurers in Singapore are not following Great Eastern’s footsteps to suspend pre-authorisation certificates for admission into Mount Elizabeth Hospital and Mount Elizabeth Novena Hospital.…
China approves BNP Paribas, Prudential insurance ventures
CHINA has approved separate insurance units to be set up by BNP Paribas and Prudential Financial, a regulator said on Friday (Oct 18), as it looks to further open up the world’s…