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Sgn532

Sgn532

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08-20

$NVIDIA Corp(NVDA)$

2023-11-15

Can offset 10yrs? Laughing

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2023-06-08

many poor sporean may not want vote for him. Many want different voices on the ground not the same pap peoples fooling us around!

Tharman Shanmugaratnam to Stand in Singapore’s Next Presidential Election

2021-09-09

investor.do not trust.them.anymore. i wont buy any not worth it overprice.

Tencent-Backed Tech Giant Sea Taps Investors for About $6 Billion

2021-08-19

hi i think thats loss right?

Go to Tiger App to see more news

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Laughing&nbsp;","listText":"Can offset 10yrs? Laughing&nbsp;","text":"Can offset 10yrs? Laughing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/241727662129344","repostId":"2383150000","repostType":4,"isVote":1,"tweetType":1,"viewCount":88,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185025599787016,"gmtCreate":1686211539381,"gmtModify":1686211670775,"author":{"id":"4092134935477170","authorId":"4092134935477170","name":"Sgn532","avatar":"https://community-static.tradeup.com/news/d5e00feddb8f8df0e638e9a7cb854cac","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092134935477170","authorIdStr":"4092134935477170"},"themes":[],"htmlText":"many poor sporean may not want vote for him. Many want different voices on the ground not the same pap peoples fooling us around!","listText":"many poor sporean may not want vote for him. Many want different voices on the ground not the same pap peoples fooling us around!","text":"many poor sporean may not want vote for him. Many want different voices on the ground not the same pap peoples fooling us around!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/185025599787016","repostId":"2341773351","repostType":4,"repost":{"id":"2341773351","kind":"highlight","pubTimestamp":1686207791,"share":"https://ttm.financial/m/news/2341773351?lang=&edition=fundamental","pubTime":"2023-06-08 15:03","market":"sg","language":"en","title":"Tharman Shanmugaratnam to Stand in Singapore’s Next Presidential Election","url":"https://stock-news.laohu8.com/highlight/detail?id=2341773351","media":"The Business Times","summary":"SENIOR Minister Tharman Shanmugaratnam has announced he will be running in Singapore’s next presidential election.","content":"<div>\n<p>Senior Minister Tharman Shanmugaratnam has announced he will be running in Singapore’s next presidential election.“I wish to inform you that I have decided to put myself forward as a candidate in the ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/singapore/economy-policy/tharman-stand-singapores-next-presidential-election\">Web Link</a>\n\n</div>\n","source":"bustime_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tharman Shanmugaratnam to Stand in Singapore’s Next Presidential Election</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTharman Shanmugaratnam to Stand in Singapore’s Next Presidential Election\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-06-08 15:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/singapore/economy-policy/tharman-stand-singapores-next-presidential-election><strong>The Business Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Senior Minister Tharman Shanmugaratnam has announced he will be running in Singapore’s next presidential election.“I wish to inform you that I have decided to put myself forward as a candidate in the ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/singapore/economy-policy/tharman-stand-singapores-next-presidential-election\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.businesstimes.com.sg/singapore/economy-policy/tharman-stand-singapores-next-presidential-election","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2341773351","content_text":"Senior Minister Tharman Shanmugaratnam has announced he will be running in Singapore’s next presidential election.“I wish to inform you that I have decided to put myself forward as a candidate in the forthcoming presidential election. I hence wish to retire from politics and all my positions in government,” said Tharman, 66, who is also Co-ordinating Minister for Social Policies, in a letter to Prime Minister Lee Hsien Loong on Thursday (Jun 7). PM Lee wished Tharman success in his new journey.Singapore’s next presidential election is due by mid-September and is an open election, meaning that is it open to candidates of all races.Prior to entering politics, Tharman spent most of his professional career at the Monetary Authority of Singapore (MAS). An economist by background, he served in many roles, including a two-year term as managing director in 2001.He made his political debut during the 2001 Singapore General Election as a candidate for Jurong Group Representation Constituency. Since then, he has been re-elected to Parliament four times.He was first appointed to the Cabinet as Minister for Education between 2003 and 2008. He later also served as Minister for Finance for nine years, between 2007 and 2015; and Minister for Manpower, between 2011 and 2012.In 2011, Tharman was appointed Deputy Prime Minister. He relinquished the role to become Senior Minister in 2019. He was also appointed Coordinating Minister for Social Policies in the same year to advise the Prime Minister on economic policies.Tharman has also served as MAS chairman since 2011, and was appointed the deputy chairman of the Government of Singapore Investment Corporation (GIC) in 2019. He currently chairs the Economic Development Board’s International Advisory Council, which convenes annually to discuss economic growth strategies for Singapore.On the world stage, Tharman has served in several international councils focused on economic and financial reform. He was chair of the Group of Thirty, an independent global council of economic and financial leaders from the public and private sectors between 2017 and 2022.He was previously appointed by his international peers as chairman of the International Monetary and Financial Committee, the key policy forum of the International Monetary Fund. He was its first Asian chair, and held the role for an extended period of four years from 2011.Other notable international appointments he has held include co-chair of the Advisory Board for the United Nation’s Human Development Report; co-chair of the Global Education Forum; and a member of the World Economic Forum’s Board of Trustees.Aside from Tharman, no other presidential hopefuls have yet to announce their bid. Current president Halimah Yacob announced late last month that after “very careful consideration”, she will not be running for a second term in the upcoming election.","news_type":1},"isVote":1,"tweetType":1,"viewCount":153,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883980715,"gmtCreate":1631196253037,"gmtModify":1676530493801,"author":{"id":"4092134935477170","authorId":"4092134935477170","name":"Sgn532","avatar":"https://community-static.tradeup.com/news/d5e00feddb8f8df0e638e9a7cb854cac","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092134935477170","authorIdStr":"4092134935477170"},"themes":[],"htmlText":"investor.do not trust.them.anymore. i wont buy any not worth it overprice.","listText":"investor.do not trust.them.anymore. i wont buy any not worth it overprice.","text":"investor.do not trust.them.anymore. i wont buy any not worth it overprice.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/883980715","repostId":"1109486521","repostType":4,"repost":{"id":"1109486521","kind":"news","pubTimestamp":1631172960,"share":"https://ttm.financial/m/news/1109486521?lang=&edition=fundamental","pubTime":"2021-09-09 15:36","market":"us","language":"en","title":"Tencent-Backed Tech Giant Sea Taps Investors for About $6 Billion","url":"https://stock-news.laohu8.com/highlight/detail?id=1109486521","media":"The Wall Street Journal","summary":"(Update: Sept 9, 2021 at 09:44 a.m. ET)\n\nSea says some of the proceeds would help expand its busines","content":"<p><i><b>(Update: Sept 9, 2021 at 09:44 a.m. ET)</b></i></p>\n<blockquote>\n <b>Sea says some of the proceeds would help expand its business, while funds could also be deployed on investments and acquisitions.</b>\n</blockquote>\n<p>Southeast Asia’s most valuable listed company, Sea Ltd., plans to raise about $6 billion or more in new funds, capitalizing on investor enthusiasm for the region’s fast-growing technology industry.</p>\n<p>TheTencent HoldingsLtd.TCEHY-2.95%-backed gaming, e-commerce and digital-finance company said in a filing late Wednesday that it would raise the capital by selling new shares and convertible bonds. Sea said some of the proceeds would help expand its business, while funds could also be deployed on “potential strategic investments and acquisitions.”</p>\n<p>The company says its Shopee unit, which competes with rivals including Alibaba Group Holding Ltd.’s Lazada unit, is the largest e-commerce platform in Southeast Asia and Taiwan.</p>\n<p>Sea, which is listed on the New York Stock Exchange, plans to sell 11 million American depositary shares and $2.5 billion of five-year convertible bonds.</p>\n<p><img src=\"https://static.tigerbbs.com/d09e89c4e1333b681b0605608cff2a6c\" tg-width=\"336\" tg-height=\"424\" referrerpolicy=\"no-referrer\"></p>\n<p>Based on Wednesday’s closing price for Sea shares, of $343.80, the stock sale would be worth close to $3.8 billion, although deals like this are typically sold at a discount to the market price. Sea and its banks expect the final price to be set Thursday, according to a term sheet seen by The Wall Street Journal. The deal’s underwriters have the option to increase the size of both offerings by 15%, via a green shoe.</p>\n<p>Like other e-commerce and gaming groups, Sea has enjoyed rapid growth, with the Covid-19 pandemic spurring customers to live more of their lives online.</p>\n<p>Compared with the same period a year earlier, Sea’s revenue in the three months to June more than doubled to nearly $2.3 billion, while paying users for its digital-entertainment business and gross merchandise value for its e-commerce unit both leapt by more than 80% year-over-year.</p>\n<p>The business remains unprofitable however, reporting a net loss of $434 million for the quarter, or $321 million excluding share-based pay to staff. It generated cumulative annual net losses of more than $4 billion in 2018 through 2020.</p>\n<p>Sea’s shares have surged in recent years, giving it a market capitalization of roughly $185 billion. That makes it the region’s biggest listed company, according to S&amp;P Global Market Intelligence data, and has allowed it to pull ahead of some of China’s big tech companies, such asJD.comInc.andPinduoduoInc.,as the Chinese tech industry confronts a series of government crackdowns.</p>\n<p>Sea itself isone of many tech groups backedby China’s Tencent, and it publishes Tencent games such as League of Legends and Arena of Valor in the region. Tencent held a 22.9% stake as of March 5, according to Sea’s annual report.</p>\n<p>The planned issuance is the latest in a series of fundraising deals by big tech groups in Asia. In April, Meituan, one of China’s most valuable technology companies,raised roughly $10 billionby selling stock and convertible bonds. Meituan, which competes with Alibaba and others, said it would spend some of the proceeds on researching and developing autonomous delivery vehicles, drone deliveries and other technology.</p>\n<p>Southeast Asian tech is also drawingmore interest from investors, with some seeing the planned U.S. listing of Grab Holdings Inc., operator of a superapp that offers services including ride-hailing and delivery, as a watershed moment.</p>\n<p>In May, Singapore-headquartered Grab said it planned to raise about $4.5 billion in a tie-up with a special-purpose acquisition company, or SPAC, and go public in the U.S. at a valuation of nearly $40 billion. Grab expects the deal to close in the fourth quarter.</p>\n<p>Units ofGoldman Sachs GroupInc.,JPMorgan Chase &amp; Co. andBank of AmericaCorp.are handling Sea’s offerings.</p>\n<p>Sea fell over 7% in early trading.</p>\n<p><img src=\"https://static.tigerbbs.com/1579594bcdff311d196e8c7d1b43d16e\" tg-width=\"1156\" tg-height=\"571\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent-Backed Tech Giant Sea Taps Investors for About $6 Billion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent-Backed Tech Giant Sea Taps Investors for About $6 Billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-09 15:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/tencent-backed-tech-giant-sea-taps-investors-for-about-6-billion-11631170423?mod=tech_lead_pos2><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Update: Sept 9, 2021 at 09:44 a.m. ET)\n\nSea says some of the proceeds would help expand its business, while funds could also be deployed on investments and acquisitions.\n\nSoutheast Asia’s most ...</p>\n\n<a href=\"https://www.wsj.com/articles/tencent-backed-tech-giant-sea-taps-investors-for-about-6-billion-11631170423?mod=tech_lead_pos2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://www.wsj.com/articles/tencent-backed-tech-giant-sea-taps-investors-for-about-6-billion-11631170423?mod=tech_lead_pos2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109486521","content_text":"(Update: Sept 9, 2021 at 09:44 a.m. ET)\n\nSea says some of the proceeds would help expand its business, while funds could also be deployed on investments and acquisitions.\n\nSoutheast Asia’s most valuable listed company, Sea Ltd., plans to raise about $6 billion or more in new funds, capitalizing on investor enthusiasm for the region’s fast-growing technology industry.\nTheTencent HoldingsLtd.TCEHY-2.95%-backed gaming, e-commerce and digital-finance company said in a filing late Wednesday that it would raise the capital by selling new shares and convertible bonds. Sea said some of the proceeds would help expand its business, while funds could also be deployed on “potential strategic investments and acquisitions.”\nThe company says its Shopee unit, which competes with rivals including Alibaba Group Holding Ltd.’s Lazada unit, is the largest e-commerce platform in Southeast Asia and Taiwan.\nSea, which is listed on the New York Stock Exchange, plans to sell 11 million American depositary shares and $2.5 billion of five-year convertible bonds.\n\nBased on Wednesday’s closing price for Sea shares, of $343.80, the stock sale would be worth close to $3.8 billion, although deals like this are typically sold at a discount to the market price. Sea and its banks expect the final price to be set Thursday, according to a term sheet seen by The Wall Street Journal. The deal’s underwriters have the option to increase the size of both offerings by 15%, via a green shoe.\nLike other e-commerce and gaming groups, Sea has enjoyed rapid growth, with the Covid-19 pandemic spurring customers to live more of their lives online.\nCompared with the same period a year earlier, Sea’s revenue in the three months to June more than doubled to nearly $2.3 billion, while paying users for its digital-entertainment business and gross merchandise value for its e-commerce unit both leapt by more than 80% year-over-year.\nThe business remains unprofitable however, reporting a net loss of $434 million for the quarter, or $321 million excluding share-based pay to staff. It generated cumulative annual net losses of more than $4 billion in 2018 through 2020.\nSea’s shares have surged in recent years, giving it a market capitalization of roughly $185 billion. That makes it the region’s biggest listed company, according to S&P Global Market Intelligence data, and has allowed it to pull ahead of some of China’s big tech companies, such asJD.comInc.andPinduoduoInc.,as the Chinese tech industry confronts a series of government crackdowns.\nSea itself isone of many tech groups backedby China’s Tencent, and it publishes Tencent games such as League of Legends and Arena of Valor in the region. Tencent held a 22.9% stake as of March 5, according to Sea’s annual report.\nThe planned issuance is the latest in a series of fundraising deals by big tech groups in Asia. In April, Meituan, one of China’s most valuable technology companies,raised roughly $10 billionby selling stock and convertible bonds. Meituan, which competes with Alibaba and others, said it would spend some of the proceeds on researching and developing autonomous delivery vehicles, drone deliveries and other technology.\nSoutheast Asian tech is also drawingmore interest from investors, with some seeing the planned U.S. listing of Grab Holdings Inc., operator of a superapp that offers services including ride-hailing and delivery, as a watershed moment.\nIn May, Singapore-headquartered Grab said it planned to raise about $4.5 billion in a tie-up with a special-purpose acquisition company, or SPAC, and go public in the U.S. at a valuation of nearly $40 billion. Grab expects the deal to close in the fourth quarter.\nUnits ofGoldman Sachs GroupInc.,JPMorgan Chase & Co. andBank of AmericaCorp.are handling Sea’s offerings.\nSea fell over 7% in early trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":438,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3582520228861009","authorId":"3582520228861009","name":"CPCat","avatar":"https://static.tigerbbs.com/3bafaf3d39abfb78a4bedf785310721a","crmLevel":2,"crmLevelSwitch":1,"idStr":"3582520228861009","authorIdStr":"3582520228861009"},"content":"yes, overpriced now... and going to be diluted with this share issuance.","text":"yes, overpriced now... and going to be diluted with this share issuance.","html":"yes, overpriced now... and going to be diluted with this share issuance."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":831752989,"gmtCreate":1629352612741,"gmtModify":1676530012102,"author":{"id":"4092134935477170","authorId":"4092134935477170","name":"Sgn532","avatar":"https://community-static.tradeup.com/news/d5e00feddb8f8df0e638e9a7cb854cac","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092134935477170","authorIdStr":"4092134935477170"},"themes":[],"htmlText":"hi i think thats loss right?","listText":"hi i think thats loss right?","text":"hi i think thats loss right?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/831752989","isVote":1,"tweetType":1,"viewCount":265,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":883980715,"gmtCreate":1631196253037,"gmtModify":1676530493801,"author":{"id":"4092134935477170","authorId":"4092134935477170","name":"Sgn532","avatar":"https://community-static.tradeup.com/news/d5e00feddb8f8df0e638e9a7cb854cac","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092134935477170","authorIdStr":"4092134935477170"},"themes":[],"htmlText":"investor.do not trust.them.anymore. i wont buy any not worth it overprice.","listText":"investor.do not trust.them.anymore. i wont buy any not worth it overprice.","text":"investor.do not trust.them.anymore. i wont buy any not worth it overprice.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/883980715","repostId":"1109486521","repostType":4,"repost":{"id":"1109486521","kind":"news","pubTimestamp":1631172960,"share":"https://ttm.financial/m/news/1109486521?lang=&edition=fundamental","pubTime":"2021-09-09 15:36","market":"us","language":"en","title":"Tencent-Backed Tech Giant Sea Taps Investors for About $6 Billion","url":"https://stock-news.laohu8.com/highlight/detail?id=1109486521","media":"The Wall Street Journal","summary":"(Update: Sept 9, 2021 at 09:44 a.m. ET)\n\nSea says some of the proceeds would help expand its busines","content":"<p><i><b>(Update: Sept 9, 2021 at 09:44 a.m. ET)</b></i></p>\n<blockquote>\n <b>Sea says some of the proceeds would help expand its business, while funds could also be deployed on investments and acquisitions.</b>\n</blockquote>\n<p>Southeast Asia’s most valuable listed company, Sea Ltd., plans to raise about $6 billion or more in new funds, capitalizing on investor enthusiasm for the region’s fast-growing technology industry.</p>\n<p>TheTencent HoldingsLtd.TCEHY-2.95%-backed gaming, e-commerce and digital-finance company said in a filing late Wednesday that it would raise the capital by selling new shares and convertible bonds. Sea said some of the proceeds would help expand its business, while funds could also be deployed on “potential strategic investments and acquisitions.”</p>\n<p>The company says its Shopee unit, which competes with rivals including Alibaba Group Holding Ltd.’s Lazada unit, is the largest e-commerce platform in Southeast Asia and Taiwan.</p>\n<p>Sea, which is listed on the New York Stock Exchange, plans to sell 11 million American depositary shares and $2.5 billion of five-year convertible bonds.</p>\n<p><img src=\"https://static.tigerbbs.com/d09e89c4e1333b681b0605608cff2a6c\" tg-width=\"336\" tg-height=\"424\" referrerpolicy=\"no-referrer\"></p>\n<p>Based on Wednesday’s closing price for Sea shares, of $343.80, the stock sale would be worth close to $3.8 billion, although deals like this are typically sold at a discount to the market price. Sea and its banks expect the final price to be set Thursday, according to a term sheet seen by The Wall Street Journal. The deal’s underwriters have the option to increase the size of both offerings by 15%, via a green shoe.</p>\n<p>Like other e-commerce and gaming groups, Sea has enjoyed rapid growth, with the Covid-19 pandemic spurring customers to live more of their lives online.</p>\n<p>Compared with the same period a year earlier, Sea’s revenue in the three months to June more than doubled to nearly $2.3 billion, while paying users for its digital-entertainment business and gross merchandise value for its e-commerce unit both leapt by more than 80% year-over-year.</p>\n<p>The business remains unprofitable however, reporting a net loss of $434 million for the quarter, or $321 million excluding share-based pay to staff. It generated cumulative annual net losses of more than $4 billion in 2018 through 2020.</p>\n<p>Sea’s shares have surged in recent years, giving it a market capitalization of roughly $185 billion. That makes it the region’s biggest listed company, according to S&amp;P Global Market Intelligence data, and has allowed it to pull ahead of some of China’s big tech companies, such asJD.comInc.andPinduoduoInc.,as the Chinese tech industry confronts a series of government crackdowns.</p>\n<p>Sea itself isone of many tech groups backedby China’s Tencent, and it publishes Tencent games such as League of Legends and Arena of Valor in the region. Tencent held a 22.9% stake as of March 5, according to Sea’s annual report.</p>\n<p>The planned issuance is the latest in a series of fundraising deals by big tech groups in Asia. In April, Meituan, one of China’s most valuable technology companies,raised roughly $10 billionby selling stock and convertible bonds. Meituan, which competes with Alibaba and others, said it would spend some of the proceeds on researching and developing autonomous delivery vehicles, drone deliveries and other technology.</p>\n<p>Southeast Asian tech is also drawingmore interest from investors, with some seeing the planned U.S. listing of Grab Holdings Inc., operator of a superapp that offers services including ride-hailing and delivery, as a watershed moment.</p>\n<p>In May, Singapore-headquartered Grab said it planned to raise about $4.5 billion in a tie-up with a special-purpose acquisition company, or SPAC, and go public in the U.S. at a valuation of nearly $40 billion. Grab expects the deal to close in the fourth quarter.</p>\n<p>Units ofGoldman Sachs GroupInc.,JPMorgan Chase &amp; Co. andBank of AmericaCorp.are handling Sea’s offerings.</p>\n<p>Sea fell over 7% in early trading.</p>\n<p><img src=\"https://static.tigerbbs.com/1579594bcdff311d196e8c7d1b43d16e\" tg-width=\"1156\" tg-height=\"571\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent-Backed Tech Giant Sea Taps Investors for About $6 Billion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent-Backed Tech Giant Sea Taps Investors for About $6 Billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-09 15:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/tencent-backed-tech-giant-sea-taps-investors-for-about-6-billion-11631170423?mod=tech_lead_pos2><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Update: Sept 9, 2021 at 09:44 a.m. ET)\n\nSea says some of the proceeds would help expand its business, while funds could also be deployed on investments and acquisitions.\n\nSoutheast Asia’s most ...</p>\n\n<a href=\"https://www.wsj.com/articles/tencent-backed-tech-giant-sea-taps-investors-for-about-6-billion-11631170423?mod=tech_lead_pos2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://www.wsj.com/articles/tencent-backed-tech-giant-sea-taps-investors-for-about-6-billion-11631170423?mod=tech_lead_pos2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109486521","content_text":"(Update: Sept 9, 2021 at 09:44 a.m. ET)\n\nSea says some of the proceeds would help expand its business, while funds could also be deployed on investments and acquisitions.\n\nSoutheast Asia’s most valuable listed company, Sea Ltd., plans to raise about $6 billion or more in new funds, capitalizing on investor enthusiasm for the region’s fast-growing technology industry.\nTheTencent HoldingsLtd.TCEHY-2.95%-backed gaming, e-commerce and digital-finance company said in a filing late Wednesday that it would raise the capital by selling new shares and convertible bonds. Sea said some of the proceeds would help expand its business, while funds could also be deployed on “potential strategic investments and acquisitions.”\nThe company says its Shopee unit, which competes with rivals including Alibaba Group Holding Ltd.’s Lazada unit, is the largest e-commerce platform in Southeast Asia and Taiwan.\nSea, which is listed on the New York Stock Exchange, plans to sell 11 million American depositary shares and $2.5 billion of five-year convertible bonds.\n\nBased on Wednesday’s closing price for Sea shares, of $343.80, the stock sale would be worth close to $3.8 billion, although deals like this are typically sold at a discount to the market price. Sea and its banks expect the final price to be set Thursday, according to a term sheet seen by The Wall Street Journal. The deal’s underwriters have the option to increase the size of both offerings by 15%, via a green shoe.\nLike other e-commerce and gaming groups, Sea has enjoyed rapid growth, with the Covid-19 pandemic spurring customers to live more of their lives online.\nCompared with the same period a year earlier, Sea’s revenue in the three months to June more than doubled to nearly $2.3 billion, while paying users for its digital-entertainment business and gross merchandise value for its e-commerce unit both leapt by more than 80% year-over-year.\nThe business remains unprofitable however, reporting a net loss of $434 million for the quarter, or $321 million excluding share-based pay to staff. It generated cumulative annual net losses of more than $4 billion in 2018 through 2020.\nSea’s shares have surged in recent years, giving it a market capitalization of roughly $185 billion. That makes it the region’s biggest listed company, according to S&P Global Market Intelligence data, and has allowed it to pull ahead of some of China’s big tech companies, such asJD.comInc.andPinduoduoInc.,as the Chinese tech industry confronts a series of government crackdowns.\nSea itself isone of many tech groups backedby China’s Tencent, and it publishes Tencent games such as League of Legends and Arena of Valor in the region. Tencent held a 22.9% stake as of March 5, according to Sea’s annual report.\nThe planned issuance is the latest in a series of fundraising deals by big tech groups in Asia. In April, Meituan, one of China’s most valuable technology companies,raised roughly $10 billionby selling stock and convertible bonds. Meituan, which competes with Alibaba and others, said it would spend some of the proceeds on researching and developing autonomous delivery vehicles, drone deliveries and other technology.\nSoutheast Asian tech is also drawingmore interest from investors, with some seeing the planned U.S. listing of Grab Holdings Inc., operator of a superapp that offers services including ride-hailing and delivery, as a watershed moment.\nIn May, Singapore-headquartered Grab said it planned to raise about $4.5 billion in a tie-up with a special-purpose acquisition company, or SPAC, and go public in the U.S. at a valuation of nearly $40 billion. Grab expects the deal to close in the fourth quarter.\nUnits ofGoldman Sachs GroupInc.,JPMorgan Chase & Co. andBank of AmericaCorp.are handling Sea’s offerings.\nSea fell over 7% in early trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":438,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3582520228861009","authorId":"3582520228861009","name":"CPCat","avatar":"https://static.tigerbbs.com/3bafaf3d39abfb78a4bedf785310721a","crmLevel":2,"crmLevelSwitch":1,"idStr":"3582520228861009","authorIdStr":"3582520228861009"},"content":"yes, overpriced now... and going to be diluted with this share issuance.","text":"yes, overpriced now... and going to be diluted with this share issuance.","html":"yes, overpriced now... and going to be diluted with this share issuance."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":241727662129344,"gmtCreate":1700040361064,"gmtModify":1700040529003,"author":{"id":"4092134935477170","authorId":"4092134935477170","name":"Sgn532","avatar":"https://community-static.tradeup.com/news/d5e00feddb8f8df0e638e9a7cb854cac","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092134935477170","authorIdStr":"4092134935477170"},"themes":[],"htmlText":"Can offset 10yrs? Laughing&nbsp;","listText":"Can offset 10yrs? Laughing&nbsp;","text":"Can offset 10yrs? Laughing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/241727662129344","repostId":"2383150000","repostType":4,"repost":{"id":"2383150000","kind":"highlight","pubTimestamp":1700038280,"share":"https://ttm.financial/m/news/2383150000?lang=&edition=fundamental","pubTime":"2023-11-15 16:51","market":"sg","language":"en","title":"All Adult Singaporeans to Receive up to S$800 in Assurance Package Support in December","url":"https://stock-news.laohu8.com/highlight/detail?id=2383150000","media":"CNA","summary":"Some Singaporeans will be able to receive their Assurance Package cash payments from as early as Dec 5. ","content":"<html><head></head><body><p style=\"text-align: start;\">SINGAPORE: All Singaporean adults will receive between S$200 (US$148) and S$800 in December this year under the Assurance Package, which aims to help with inflation and cost of living concerns. </p><p style=\"text-align: start;\">About 2.9 million will receive up to S$600 in Assurance Package Cash, said the Ministry of Finance (MOF) on Wednesday (Nov 15).</p><p>About 2.5 million will also receive up to S$200 in Assurance Package Cash Special Payment.</p><p style=\"text-align: start;\">All Singaporeans aged 21 and above in 2024 are eligible, regardless of the number of properties owned. </p><p style=\"text-align: start;\">The package was first announced at Budget 2020 to help offset additional goods and services tax (GST) expenses. Payouts are disbursed over five years, from 2022 to 2026.</p><p style=\"text-align: start;\">Deputy Prime Minister and Minister for Finance Lawrence Wong announced at Budget 2023 that the government would enhance the Assurance Package to account for higher inflation and provide additional one-off support to Singaporeans to address immediate cost of living concerns. </p><p style=\"text-align: start;\">&#34;This enhancement ensures that the Assurance Package will continue to offset additional GST expenses for the majority of Singaporean households for at least five years, with around ten years offset for lower-income households,&#34; said MOF.</p><p>Mr Wong also announced in September an additional S$1.1 billion Cost-of-Living (COL) Support Package to provide more relief for Singaporean households.</p><p>The cost-of-living support package includes a S$0.8 billion enhancement to the Assurance Package, bringing the Assurance Package to over S$10 billion.</p><p>Besides the Assurance Package support in December, eligible Singaporeans will also receive further support in January and February 2024. </p><p>This comes in the form of U-Save rebates, Community Development Council (CDC) vouchers, service and conservancy charges (S&amp;CC) rebates, an Assurance Package Seniors&#39; Bonus and MediSave top-ups. </p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1320498019ae1258519c7a8a5f3534fd\" tg-width=\"1080\" tg-height=\"1350\"/></p><h2 id=\"id_2267055221\" style=\"text-align: start;\">MODES OF PAYMENT</h2><p style=\"text-align: start;\">Singaporeans can check their eligibility for both cash payments via the Assurance Package official website by logging in with their Singpass.</p><p style=\"text-align: start;\">The Assurance Package Cash and Cash Special Payment will be disbursed together in a lump sum, said MOF.</p><p style=\"text-align: start;\">The ministry added that it encourages Singaporeans to link their NRIC to PayNow by Nov 19. Those who do so can receive their cash payments as early as from Dec 5. </p><p style=\"text-align: start;\">Those without PayNow-NRIC linked bank accounts can update their bank account information at the Assurance Package website by Nov 27 to receive the payment from Dec 13. </p><p style=\"text-align: start;\">Citizens on GovCash, which has replaced cheques as a mode of payment, can withdraw their payment at OCBC ATMs islandwide. An OCBC bank account is not required for withdrawals.<br/></p></body></html>","source":"can_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>All Adult Singaporeans to Receive up to S$800 in Assurance Package Support in December</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAll Adult Singaporeans to Receive up to S$800 in Assurance Package Support in December\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-11-15 16:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.channelnewsasia.com/singapore/cash-payment-200-800-december-assurance-package-3921351><strong>CNA</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE: All Singaporean adults will receive between S$200 (US$148) and S$800 in December this year under the Assurance Package, which aims to help with inflation and cost of living concerns. About ...</p>\n\n<a href=\"https://www.channelnewsasia.com/singapore/cash-payment-200-800-december-assurance-package-3921351\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.channelnewsasia.com/singapore/cash-payment-200-800-december-assurance-package-3921351","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2383150000","content_text":"SINGAPORE: All Singaporean adults will receive between S$200 (US$148) and S$800 in December this year under the Assurance Package, which aims to help with inflation and cost of living concerns. About 2.9 million will receive up to S$600 in Assurance Package Cash, said the Ministry of Finance (MOF) on Wednesday (Nov 15).About 2.5 million will also receive up to S$200 in Assurance Package Cash Special Payment.All Singaporeans aged 21 and above in 2024 are eligible, regardless of the number of properties owned. The package was first announced at Budget 2020 to help offset additional goods and services tax (GST) expenses. Payouts are disbursed over five years, from 2022 to 2026.Deputy Prime Minister and Minister for Finance Lawrence Wong announced at Budget 2023 that the government would enhance the Assurance Package to account for higher inflation and provide additional one-off support to Singaporeans to address immediate cost of living concerns. \"This enhancement ensures that the Assurance Package will continue to offset additional GST expenses for the majority of Singaporean households for at least five years, with around ten years offset for lower-income households,\" said MOF.Mr Wong also announced in September an additional S$1.1 billion Cost-of-Living (COL) Support Package to provide more relief for Singaporean households.The cost-of-living support package includes a S$0.8 billion enhancement to the Assurance Package, bringing the Assurance Package to over S$10 billion.Besides the Assurance Package support in December, eligible Singaporeans will also receive further support in January and February 2024. This comes in the form of U-Save rebates, Community Development Council (CDC) vouchers, service and conservancy charges (S&CC) rebates, an Assurance Package Seniors' Bonus and MediSave top-ups. MODES OF PAYMENTSingaporeans can check their eligibility for both cash payments via the Assurance Package official website by logging in with their Singpass.The Assurance Package Cash and Cash Special Payment will be disbursed together in a lump sum, said MOF.The ministry added that it encourages Singaporeans to link their NRIC to PayNow by Nov 19. Those who do so can receive their cash payments as early as from Dec 5. Those without PayNow-NRIC linked bank accounts can update their bank account information at the Assurance Package website by Nov 27 to receive the payment from Dec 13. Citizens on GovCash, which has replaced cheques as a mode of payment, can withdraw their payment at OCBC ATMs islandwide. An OCBC bank account is not required for withdrawals.","news_type":1},"isVote":1,"tweetType":1,"viewCount":88,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340451909202176,"gmtCreate":1724160308888,"gmtModify":1724160314325,"author":{"id":"4092134935477170","authorId":"4092134935477170","name":"Sgn532","avatar":"https://community-static.tradeup.com/news/d5e00feddb8f8df0e638e9a7cb854cac","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092134935477170","authorIdStr":"4092134935477170"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$ </a>&nbsp;","text":"$NVIDIA Corp(NVDA)$","images":[{"img":"https://community-static.tradeup.com/news/ce5f5f0224a11bf46cc8b56feb25cbd5","width":"898","height":"1530"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/340451909202176","isVote":1,"tweetType":1,"viewCount":109,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":185025599787016,"gmtCreate":1686211539381,"gmtModify":1686211670775,"author":{"id":"4092134935477170","authorId":"4092134935477170","name":"Sgn532","avatar":"https://community-static.tradeup.com/news/d5e00feddb8f8df0e638e9a7cb854cac","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092134935477170","authorIdStr":"4092134935477170"},"themes":[],"htmlText":"many poor sporean may not want vote for him. Many want different voices on the ground not the same pap peoples fooling us around!","listText":"many poor sporean may not want vote for him. Many want different voices on the ground not the same pap peoples fooling us around!","text":"many poor sporean may not want vote for him. Many want different voices on the ground not the same pap peoples fooling us around!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/185025599787016","repostId":"2341773351","repostType":4,"isVote":1,"tweetType":1,"viewCount":153,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":831752989,"gmtCreate":1629352612741,"gmtModify":1676530012102,"author":{"id":"4092134935477170","authorId":"4092134935477170","name":"Sgn532","avatar":"https://community-static.tradeup.com/news/d5e00feddb8f8df0e638e9a7cb854cac","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4092134935477170","authorIdStr":"4092134935477170"},"themes":[],"htmlText":"hi i think thats loss right?","listText":"hi i think thats loss right?","text":"hi i think thats loss right?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/831752989","isVote":1,"tweetType":1,"viewCount":265,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}