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DBS Bank
Sustainability
DBS commits to zero thermal coal exposure by 2039
DBS Bank will limit transactions with customers who derive a significant portion of their revenue from thermal coal.
April 16, 2021
Telecommunications
Singtel prices $1 bil subordinated perpetual securities at 3.3%
The order book for the securities was 2.1 times oversubscribed by investors.
April 08, 2021
Broker's Calls
Maintain 'buy' on DBS as earnings prospects improve: RHB
The target price has been increased to $33 from $30 previously.
March 31, 2021
REITs
Manulife US REIT obtains US$250 million sustainability-linked loan from DBS and OCBC
The facility incorporates interest rate reductions linked to sustainability performance targets.
March 24, 2021
Broker's Calls
UOB Kay Hian remains 'overweight' on Singapore banking sector on higher bond yields
UOB's top picks for the sector are DBS and OCBC.
March 18, 2021
Aviation & Engineering
SIA uses further $1.1 bil from rights issue for operating expenses, ticket refunds and aircraft related payments
To date, the airline has used $8.2 bil of its $8.8 bil rights issue proceeds.
March 01, 2021
Sustainability
DBS to offer free delivery of QR gift cards this CNY
From Jan 16 to Jan 26, customers will be able to order their preferred amount of cards online. They will be sent by Feb 10.
January 15, 2021
Sustainability
Ascott Residence Trust obtains $50 mil green loan from DBS, becomes first hospitality trust in Singapore to do so
Proceeds from the green loan will be used to fund ART’s maiden development project and co-living property, lyf one-north Singapore
January 14, 2021
Investing ideas
DBS maintains overweight on equities, offers 'IDEAs' for stronger 1Q2021
With a chaotic 2020 over, how should investors position their portfolios to take advantage of the expected recovery in 2021?
January 08, 2021
Company in the news
Mortgaged Ezion vessel sold for $29.2 mil to repay bank loans
The cash consideration will be utilised to repay the secured bank loans, says Ezion.
December 29, 2020