DBS Group Holdings

DBS completes Singapore's first USD SOFR-linked export financing transaction - THE EDGE SINGAPORE

Banking & finance

DBS completes Singapore's first USD SOFR-linked export financing transaction

The transaction is said to also cement Singapore’s status as a global trade hub.
DBS CEO Gupta sells $1.75 mil worth of DBS shares via market transaction - THE EDGE SINGAPORE

Banking & finance

DBS CEO Gupta sells $9.2 mil worth of DBS shares over 3 days, equivalent to FY20 pay

Gupta, on May 20, sold 58,900 DBS shares at $29.75 per share.

Banking & finance

DBS has enough to fund $2.7 bil bid for Citi India unit: Sanford C. Bernstein & Co

A takeover of Citi’s India unit would be DBS’s largest acquisition since 2001.
DBS ups Tuan Sing's target price to 54 cents post Gultech stake sale - THE EDGE SINGAPORE

Broker's Calls

DBS ups Tuan Sing's target price to 54 cents post Gultech stake sale

"The potential IPO of GulTech could further unlock value for shareholders," say the analysts.
Ascendas REIT's private placement closes at $2.94 per unit, 2.6 times covered - THE EDGE SINGAPORE

REITs

Ascendas REIT's private placement closes at $2.94 per unit, 2.6 times covered

The price represents a 5.2% discount to VWAP as at May 4.
Analysts up DBS's TP estimate to at least $31 on 'robust' 1Q results - THE EDGE SINGAPORE

Broker's Calls

Analysts up DBS's TP estimate to at least $31 on 'robust' 1Q results

Shares in DBS closed 32 cents lower or 1.07% down at $29.59 on May 3, or 1.4 times P/B, according to UOB Kay Hian’s estimates.
Broker's Digest: DBS, Parkway Life REIT, SGX, Dairy Farm, InnoTek - THE EDGE SINGAPORE

Broker's Calls

Broker's Digest: DBS, Parkway Life REIT, SGX, Dairy Farm, InnoTek

See the analysts' recommendations and target prices here.
Full acquisition of BidFX lets SGX reap dividends amid pandemic - THE EDGE SINGAPORE

Company in the news

Full acquisition of BidFX lets SGX reap dividends amid pandemic

In June 2020, SGX acquired the remaining 80% interest in BidFX for a total cash consideration of US$128 million ($178.3 million).
Recovery in sight for banks, upgraded to 'overweight': RHB - THE EDGE SINGAPORE

Broker's Calls

Recovery in sight for banks, upgraded to 'overweight': RHB

With recovery in sight, bank stocks will continue to outperform the broader market as the worst is over, says RHB Group Research.
973 Brokers' Digest - THE EDGE SINGAPORE

Broker's Calls

973 Brokers' Digest

Take a look at these six stocks this week, including DBS, Starhub and ST Engineering.
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