Markets & Investing
Daily Briefing: Singapore law firm clears Wirecard of some corruption claims; Temasek invests US$29m in Vietnamese Internet major VNG
And tech-enabled student housing startup Oxfordcaps raises $11m in series A funding.
Daily Briefing: Singapore law firm clears Wirecard of some corruption claims; Temasek invests US$29m in Vietnamese Internet major VNG
And tech-enabled student housing startup Oxfordcaps raises $11m in series A funding.
First Sponsor Group to undertake rights issue for $399.5m
It dropped its initial plan to issue warrants for perpetual capital securities.
Daily Briefing: Singapore's credit market bore the brunt of regional distress; ERA Realty Network gives $1m grant to real estate startups
And London-based regtech firm ClauseMatch expands in Singapore.
SMEs open to business transformation investments amidst souring economic expectations: poll
The manufacturing sector saw the highest uptick in capital investment expectations by 2.15%.
Pine Capital requests for trading suspensions as its subsidiary causes potential conflict of interest
The group will appoint an independent reviewer to investigate the allegations.
Daily Briefing: GIC and Temasek ate up 60% of sovereign fund deals in 2018; Singaporean PE firm Tembusu Partners invests $201.4m in Chinese projects
And luxury property Boulevard 88 sold 20 out of 25 units for $3,550 psf.
MAS reopens $2b of the 5-year SGS bond
Intended tender amount is at $100m and the minimum denomination is at $1,000. The Monetary Authority of Singapore (MAS) will re-open $2b of the 5...
Challenger Technologies to delist with $0.56 exit offer price
It cited weak retail sentiment and industry disruption amongst its reasons for delisting.
Raffles United Holdings gets SGX nod to list 234.06 million new ordinary shares for $0.05 apiece
The rights issue could raise between $7.6m-$11.6m in net proceeds.
China's VC deal value surged 89% to $78.2b in 2018
Chinese startups clinched almost 1 in 3 global VCs.
Chart of the Day: Singapore's VC investments hit $6.65b in 2018
VC investment activity stands at $174.3b (US$129b) in Asia.
SIA set to issue $500m of five-year fixed rate bonds
It may upsize the offer to up to a maximum of $750m if it gets oversubscribed.
YNG Corporation bags $30m from Asia Financial Group
YNG will also issue 65 million warrants to AFG.
Keppel and SPH close voluntary unconditional general offer for M1
Both firms are expected to hold 80.69% of M1.
APAC private equity exits hit $142b in 2018
The surge in exit values outpaced the previous all-time high of $125b recorded in 2014.
Median deal multiples for PE-backed M&As set a new record in 2018: report
Deals focused on restructuring, carve-outs and turnarounds rose in value to more than triple the previous five-year average.
Chart of the Day: Singapore is fourth largest source of real estate investment
The Asia Pacific region accounted for half of transactions in 2018.