UOB

President Director Sunarso Named as The Best 'SME Banker of the Year' by The Asset Triple A

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星期五, 七月 8, 2022

SINGAPORE, July 8, 2022 /PRNewswire/ --Bank BRI (IDX: BBRI) has received two international awards from The Asset Triple A in Singapore on July 6, 2022.

Key Points: 
  • SINGAPORE, July 8, 2022 /PRNewswire/ --Bank BRI (IDX: BBRI) has received two international awards from The Asset Triple A in Singapore on July 6, 2022.
  • Sunarso, President Director of BRI, received The Best 'SME Banker of the Year' while BRI, the only Indonesian bank awarded, was named as 'The Best Treasury & Working Capital SME'.
  • Other award winners included Lay Hua So, Managing Director and Head of Group Transaction Banking of UOB; and Makoto Hasegawa, Head of Transaction Banking BNP Paribas Japan, as 'Transaction Banker of the Year'.
  • Therefore, everything we have done and will do are focused on empowering and educating", said Sunarso.

OurCrowd First Israeli Company to Partner With the Singapore Economic Development Board in the Global Innovation Alliance (GIA) Programme

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星期二, 六月 28, 2022

OurCrowd , Israels most active venture firm, today announced its partnership with the Singapore Economic Development Board (EDB), under its Global Innovation Alliance (GIA) programme.

Key Points: 
  • OurCrowd , Israels most active venture firm, today announced its partnership with the Singapore Economic Development Board (EDB), under its Global Innovation Alliance (GIA) programme.
  • The GIA is a platform that serves to catalyze cross-border collaboration between Singapore and major innovation hubs globally.
  • Israel joins the ranks of other notable tech hubs in the programme including Silicon Valley, China, and Europe.
  • Israeli startups that are interested to attend the GIA Israel programme in July 2022, please email [email protected] .

UOB Malaysia and The FinLab to accelerate digital transformation for women-led businesses through Jom Transform Programme

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星期一, 六月 20, 2022

This year's programme is set to empower women to transform their businesses through digital acceleration.

Key Points: 
  • This year's programme is set to empower women to transform their businesses through digital acceleration.
  • Jom Transform Programme (JTP) is specially-curated to provide advisory and assistance in the areas of digitalisation for Malaysia's small- and medium-sized enterprises (SMEs).
  • This year's programme, themed 'JTP: Womenpreneur Edition', aims to support women entrepreneurs through digital solutions that drive productivity, save costs and grow revenue.
  • [2] JTP is an annual digital transformation accelerator programme for SMEs organised by UOB Malaysia and the FinLab.

AM Best Affirms Credit Ratings of United Overseas Insurance Limited

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星期五, 六月 10, 2022

AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of aa- (Superior) of United Overseas Insurance Limited (UOI) (Singapore).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of aa- (Superior) of United Overseas Insurance Limited (UOI) (Singapore).
  • In addition, UOIs ratings factor in rating enhancement from the companys ultimate majority ownership by and importance to United Overseas Bank Limited (UOB), a leading banking corporation in Asia.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

SESAMi Holding acquires MyBiz in all-cash deal boosting regional footprint

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星期三, 六月 1, 2022

SINGAPORE, June 1, 2022 - (ACN Newswire) - SESAMi Holding Pte Ltd (SESAMi) announced the successful acquisition of MyBiz Solutions Sdn Bhd.

Key Points: 
  • SINGAPORE, June 1, 2022 - (ACN Newswire) - SESAMi Holding Pte Ltd (SESAMi) announced the successful acquisition of MyBiz Solutions Sdn Bhd.
  • The all-cash deal is immediately profit-accretive and provides SESAMi with an additional revenue stream as well as an opportunity to strengthen SESAMi's portfolio of businesses.
  • The company also believes that the acquisition has the potential to significantly value-add to existing and potential customers of both SESAMi and MyBiz.
  • In 2018, SESAMi further expanded its technological capabilities by acquiring Capital Match, a leading lending platform in Singapore focusing on trade finance.

CNERGENZ Berhad Lists on ACE Market, Share Price Gains 4.31% to RM0.605 on Debut

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星期三, 五月 25, 2022

KUALA LUMPUR, May 25, 2022 - (ACN Newswire) - CNERGENZ Berhad (CNERGENZ), an established electronics manufacturing solutions provider based in Penang, has made its debut on the ACE Market of Bursa Malaysia Securities Berhad (Bursa Securities) under the Technology sector, opening at RM0.605 per share, which is a premium of RM0.025 or 4.31% above the IPO price of RM0.58 per share.

Key Points: 
  • KUALA LUMPUR, May 25, 2022 - (ACN Newswire) - CNERGENZ Berhad (CNERGENZ), an established electronics manufacturing solutions provider based in Penang, has made its debut on the ACE Market of Bursa Malaysia Securities Berhad (Bursa Securities) under the Technology sector, opening at RM0.605 per share, which is a premium of RM0.025 or 4.31% above the IPO price of RM0.58 per share.
  • "I am confident that CNERGENZ will continue its growth trajectory, enhancing its market presence and operations through its future expansion and development plans.
  • CNERGENZ is an electronics manufacturing solutions provider, specialising in surface mount technology manufacturing solutions for the electronics and semiconductor industries.
  • UOB Kay Hian is the principal adviser, sponsor, underwriter, and placement agent for CNERGENZ's IPO.

UOB Kay Hian Goes Extramile

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星期三, 五月 25, 2022

Providing seamless access to structured products information, our sophisticated tools and technology offer investors the capability of trading across a broad range of structured products, such as Equity Linked Notes and Accumulators/Decumulators, cited Raymond Lam, Executive Director of UOB Kay Hian Hong Kong.

Key Points: 
  • Providing seamless access to structured products information, our sophisticated tools and technology offer investors the capability of trading across a broad range of structured products, such as Equity Linked Notes and Accumulators/Decumulators, cited Raymond Lam, Executive Director of UOB Kay Hian Hong Kong.
  • We admire the success of UOB Kay Hian against a very challenging environment, and the excellent reputation in selecting the right partner along its journey to digitalization.
  • Backed by the UOB Group, UOB Kay Hian is one of Asias largest brokerage firms.
  • Headquartered in Singapore, UOB Kay Hian is supported by more than 80 branches worldwide including a growing network of offices across Southeast Asia, Greater China, the United Kingdom and North America.

Singapore Auto Finance Market Outlook Report 2022-2025 : Driven by Exorbitant Car Prices, Growing Digital Penetration and Evolving Vehicle Ownership Characteristics - ResearchAndMarkets.com

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星期五, 五月 20, 2022

The "Singapore Auto Finance Market Outlook to 2025 (Edition Ii) - Driven by Exorbitant Car Prices, Growing Digital Penetration and Evolving Vehicle Ownership Characteristics Amidst Systemically Regulated Car Ownership Polices by the Government" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Singapore Auto Finance Market Outlook to 2025 (Edition Ii) - Driven by Exorbitant Car Prices, Growing Digital Penetration and Evolving Vehicle Ownership Characteristics Amidst Systemically Regulated Car Ownership Polices by the Government" report has been added to ResearchAndMarkets.com's offering.
  • The Singapore Auto Finance market report concludes with projections for future of the industry including forecasted values by 2025, market segmentations, COVID - 19 impact and analysts' recommendations.
  • The Singapore Auto Finance Market was observed to be in maturity stage during the period of 2015-2020 despite growing digital advancements to ease loan application process, emerging green car loans and introduction of finance aggregators.
  • The Singapore Auto Finance Industry had shrunk at a CAGR of ~0.1% on the basis of Auto credit disbursed and slightly grown at ~1.5% basis Auto Loan Outstanding in 2015-20.

Hamilton Lane Joins Latest Round of Funding for Private Market Exchange ADDX

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星期二, 五月 24, 2022

CONSHOHOCKEN, Penn. , May 24, 2022 /PRNewswire/ -- Hamilton Lane (NASDAQ: HLNE) today announced its participation in the latest funding round for Singapore-based digital private market exchange ADDX, highlighting the firm's commitment to providing private market investments to the non-institutional channel through innovative technology solutions.

Key Points: 
  • CONSHOHOCKEN, Penn., May 24, 2022 /PRNewswire/ -- Hamilton Lane (NASDAQ: HLNE) today announced its participation in the latest funding round for Singapore-based digital private market exchange ADDX, highlighting the firm's commitment toproviding private market investments to the non-institutional channel through innovative technology solutions.
  • They are well positioned in the digital securities space and Hamilton Lane is excited to have participated in this latest fundraise.
  • Hamilton Lane (NASDAQ: HLNE) is a leading private markets investment management firm providing innovative solutions to institutional andprivate wealthinvestors around the world.
  • Hamilton Lane specializes in building flexible investment programs that provide clients access to the full spectrum of private markets strategies,sectorsand geographies.

CNERGENZ Berhad IPO Shares Oversubscribed by 40.32 Times

Retrieved on: 
星期五, 五月 13, 2022

KUALA LUMPUR, May 13, 2022 - (ACN Newswire) - CNERGENZ Berhad (CNERGENZ) is pleased to announce that the share allocation to the Malaysian public from its IPO has been oversubscribed by 40.32 times.

Key Points: 
  • KUALA LUMPUR, May 13, 2022 - (ACN Newswire) - CNERGENZ Berhad (CNERGENZ) is pleased to announce that the share allocation to the Malaysian public from its IPO has been oversubscribed by 40.32 times.
  • A total of 16,186 applications for 1,033,093,200 Issue Shares were received from the Malaysian Public, representing an oversubscription rate of 40.32 times.
  • Chief Executive Officer of CNERGENZ Berhad, Mr. Lye Yhin Choy, said, "We would like to thank investors for putting their trust in us.
  • CNERGENZ Berhad was incorporated in Malaysia on 6 August 2021 as a private limited company under the name CNERGENZ Sdn.