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IN THE NEWS

Hong Leong in talks to sell life insurance stakes to Khazanah

Kuala Lumpur ANALYSTS see a win-win if Hong Leong Financial Group Bhd (HLFG) and Khazanah Nasional successfully conclude talks for Hong Leong's life insurance business: the Quek Leng Chan-controlled company gets to unlock value for shareholders, while the state investment company will be able to augment its portfolio of strategic assets. A research head said of the potential deal for HLFG's 70 pe...


Steering OCBC through a complex world

IN today's complex environment, the company's board must embrace a culture of openness to debate to ensure the trade-offs in decisions are thought through and managed, said OCBC's chairman Ooi Sang Kuang. The bank is also looking long-term at its ability to offer empathy to clients struggling in a volatile environment brought on by the dramatic plunge in oil prices, and have that empathy extend t...


Crowdfunding platform to offer short-term bonds from listed firms

CROWDFUNDING platform FundedHere plans to open its doors to Singapore listings to raise crowdfunding through short-term bonds. This is the latest move by such new-fangled funding platforms to attract listed companies' businesses to a deepening private-funding market in this yield-starved environment. In a media statement, FundedHere said each bond is expected to raise up to S$5 million. It has al...


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