Ajay Kashyap

Introducing the 17th S R Nathan Fellow, Mr Piyush Gupta, former Chief Executive Officer and Director of DBS Group. Widely regarded as a transformative leader in Asia’s financial sector, Mr Gupta has been at the forefront of digital innovation and organisational change. Beyond the boardroom, he has a lighter side too — from his likes and dislikes, to hobbies, and even a hidden talent. In his upcoming lecture series, “Singapore’s Financial Sector: How did we arrive, how do we thrive?”, Mr Gupta will trace Singapore’s evolution from the Asian Dollar Market and two-tier banking system to a diversified ecosystem spanning asset management, capital markets, commodities, wealth management, and insurance. He will also examine how digitalisation, new players, and technologies are reshaping Singapore’s financial system, as well as where and how money and financial assets moves, before looking ahead to the choices Singapore faces as it balances innovation with stability and trust. Watch his lecture series live on IPS’ Facebook page: https://lnkd.in/eMKuhPz Learn more about Mr Gupta’s lectures at the link: https://lnkd.in/gGZ42scT DBS Bank

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In an interview with The Edge Singapore, Gerry Chan, CEO of the manager of CapitaLand China Trust (#CLCT), shared insights on the strategic divestment of CapitaMall Yuhuating as a seed asset to CapitaLand Commercial C-REIT (#CLCR), alongside CLCT’s proposed 5% stake in CLCR, an initiative aimed at delivering long-term sustainable returns to unitholders. The move aims to unlock value from a mature retail asset and facilitate capital recycling, which may be used to reduce leverage or a combination of deleveraging and unit buy-backs, depending on market conditions and in the best interests of unitholders. CLCT’s proposed subscription to CLCR’s IPO units also offers a gateway into the rapidly growing C-REIT market, while broadening access to domestic capital pools. Gerry noted that while CLCT is currently trading at a discount, consumption-focused C-REITs are trading at a premium to net asset value. Through this transaction, he hopes CLCT’s value arbitrage can be demonstrated, potentially narrowing the discount. If the mall can be divested at a premium, it could enhance unit price and enable CLCT to gain further financial flexibility. CLCT will convene an Extraordinary General Meeting on 29 July 2025 at 3.30 pm to seek unitholders’ approval for the proposed divestment and IPO subscription. Thank you Goola Warden for the feature. Full story: https://bit.ly/CLCTTES EGM details: https://bit.ly/CLCTEGM25 #China #divestment #portfolio #IPO

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This morning, the Chief Executive unveiled the 2025 Policy Address, highlighting AI as a core industry for Hong Kong’s future. This bold vision sets the stage for our city to become a global leader in innovation and technology. At WeLab Bank, we’ve been championing the AI-first approach—leveraging generative AI and AI agents to transform how banking works. From delivering highly personalized financial services to streamlining operations, AI has been at the heart of everything we do. The government’s commitment to advancing AI research, talent, and industry development aligns perfectly with our mission to redefine banking through technology and innovation. Together, we can harness this momentum to drive meaningful innovation, create opportunities, and redefine the future of banking and beyond. #WeLabBank #Fintech #DigitalBanking #Innovation #AI

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