PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: DBS Group (DBS SP) entered India’s equity capital markets
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PBoC sets USD/CNY mid-point at 6.9223 vs exp. 6.9205 (Prev. 6.9141)
Media sources report simultaneous explosions and attacks on American positions in several countries, including Bahrain, Saudi Arabia, UAE, Kuwait, and Iraq, according to ISNA
PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: DBS Group (DBS SP) entered India’s equity capital markets
US President Trump claimed Middle East countries are fighting back against Iran
US Treasury is to meet with domestic and international insurance regulators in coming weeks to discuss recent developments in private credit markets
On the Newsquawk feed at , 20 minutes before this page.
TAIWAN
SinoPac (2890 TT) - Bank Sinopac board approved a merger with King’s Town Bank, according to a filing from its parent financial holding company. (Taipei Times)
Formosa Petrochemical (6505 TT) - Co. is set to raise fuel prices. (Taipei Times)
SINGAPORE
DBS Group (DBS SP) - Co. has entered India’s equity capital markets, securing its first mandate for Manipal Health Enterprises’ IPO as it expands its investment banking platform in the country. (Business Times)
Manulife US REIT (MUST SP) - Co. is proposing the sale of its Figueroa office property in Los Angeles for USD 92.5mln to repay debt, with net proceeds of around USD 82.4mln. (Business Times)
Sembcorp Industries (SCI SP) - Co. said chairman Tow Heng Tan will retire on June 1 and will be succeeded by Andreas Sohmen-Pao, while Yap Chee Keong will retire as director and audit committee chairman on April 29, with Steven Phan to assume those roles. (Business Times)
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