Markets & Investing
Daily Briefing: Temasek and Tencent invest $47.8m in London-based fintech; GIC raises stake in Julius Baer
And Credit Counselling Singapore has launched programme to help cash-strapped SMEs.
Daily Briefing: Temasek and Tencent invest $47.8m in London-based fintech; GIC raises stake in Julius Baer
And Credit Counselling Singapore has launched programme to help cash-strapped SMEs.
ayondo chairman files share transfer notice six months late
The shares were transferred to existing shareholders of the firm on 22 November 2018 via Next Generation Finance Management AG.
SPH to issue $150m perpetual securities
They will be issued in denominations of $250,000 on 7 June.
No binding agreement with Utico yet: Hyflux
The move comes after the UAE-based firm offered a part cash redemption to its retail investors.
SGX's industrial stocks amassed institutional flows of $189.9m YTD
ComfortDelGro led the pack with a YTD total return of 18.1%.
Retail startup Trax looks to raise US$1.1b
The moves come as Trax is planning for an IPO in the next 18 to 24 months.
Utico offers part cash redemption to Hyflux investors
Small investors of up to $3,000 could get 50% cash redemption.
SGX greenlights Alliance Mineral Assets' additional share listing
The proceeds will be used for upgrades at its processing facilities in Western Australia.
Vibrant Group to sell Sabana REIT stake
The net proceeds will be used to conduct a partial redemption of the Series 003 $66m 7.5% notes due 2020.
Allied Technologies kills $130m deal with Lim Yew Ming
It will no longer buy Aik Chuan Construction and its subsidiaries.
Daily Briefing: Smart wearables startup KaHa bags US$6.2m in series B funding; Singapore-based hospitality firm to build US$40m resort in Phuket
And edtech startup Cudy has raised an undisclosed amount in a seed funding round.
Chinese EV manufacturer completes US$20m investment in Dragon Group arm
It now owns 40% of lithium ion battery firm EoCell.
CDL invests $1.1b in Chinese real estate firm Sincere Property Group
The firm will indirectly hold a 24% stake in Sincere.
Video game firm Ubisoft launches startup programme in Singapore
This will mark its first entry into Asia.
Daily Briefing: Temasek and UOB invest US$200m in venture debt firm InnoVen Capital; Blockchain monitoring startup Merkle Science raises $1.1m in seed funding round
And investment holding company UMS to acquire shares in JEP for $6.58m.
Middle East's Utico submits $400m binding offer to invest in Hyflux
The move comes after the private utility and developer submitted a non-binding letter of intent in May 3.
Singapore to launch corporate structure for investment funds
The move aims to encourage fund managers to set up operations in Singapore.