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Month: August 2021

Posted on 03/08/2021

Eduardo Saverin’s B Capital co-leads $6m round of Singapore B2B sales platform

Nektar.ai, a business-to-business sales productivity startup based in Singapore, raised an additional US$6 million seed round of funding. More funding details. Lead investors: B C ... ( read original story ...)

Posted on 03/08/2021

Singapore buyer scoops up Sorrento Mesa office towers for $146M

Prime US REIT has purchased its way into an office submarket defined by major technology companies and its proximity to San Diego's life science cluster ... ( read original story ...)

Posted on 03/08/2021

Singapore crypto firm Matrixport banks $100m to reach unicorn status

Matrixport, the crypto finance venture led by Bitmain’s billionaire founder Wu Jihan, has raised fresh capital from investors including DST Global and Tiger Global, ramping up its pre-money valuation ... ( read original story ...)

Posted on 03/08/2021

Singapore’s Wilmar International targets $605m IPO for its Indian JV Adani Wilmar

Singaporean agribusiness Wilmar International said on Monday it was pursuing a listing of its joint venture Adani Wilmar in India through an initial public offering worth up to Rs 45,000 million ($605 ... ( read original story ...)

Posted on 03/08/2021

Singapore’s Wilmar International targets $605 mn Indian IPO for Adani Wilmar

Singaporean agribusiness Wilmar International said on Monday it was pursuing a listing of its joint venture Adani Wilmar in India ... ( read original story ...)

Posted on 03/08/2021

Independent Reserve Receives Approval in Principle to Operate in Singapore

The digital currency exchange said the approval relates to becoming a regulated provider for digital payment token services. ( read original story ...)

Posted on 03/08/2021

Report: Maybank Singapore sues NFC chairman, children for defaulting on housing loans worth RM7.9m

National Feedlot Corp Sdn Bhd (NFC) chairman Datuk Seri Mohamad Salleh Ismail and his two children have been sued by Maybank Singapore Ltd, for defaulting on two housing loan facilities for properties ... ( read original story ...)

Posted on 03/08/2021

Ukrainian man, 34, dies of COVID-19; 38th such fatality in Singapore

A 34-year-old man from Ukraine died of COVID-19 infection in Singapore on Sunday (1 August), the Ministry of Health said on Tuesday. ( read original story ...)

Posted on 03/08/2021

34-year-old imported COVID-19 case dies; 106 new locally transmitted infections in Singapore

SINGAPORE: A 34-year-old imported COVID-19 case died in Singapore on Sunday (Aug 1) from complications due to the disease, said the Ministry of ... ( read original story ...)

Posted on 03/08/2021

Lion-OCBC Securities China Leaders ETF begins trading amid positive analyst outlook

SINGAPORE - The Lion-OCBC Securities China Leaders exchange-traded fund (ETF) began trading on the Singapore Exchange (SGX) on Monday (Aug 2) amid a rebound in Chinese stocks.. Read more at ... ( read original story ...)

Posted on 03/08/2021

Singapore’s manufacturing PMI rises to 51 in July

Singapore's purchasing managers' index (PMI), an early indicator of manufacturing activity, rose from 50.8 in June to 51 in July, the highest since December 2018 when the reading was 51.1, Singapore ... ( read original story ...)

Posted on 02/08/2021

IPO-bound Grab sees net revenue rise by 39% in Q1 2021

Southeast Asian super app Grab, which is on route to an initial public offering (IPO) of US$2 billion, saw its adjusted net sales rise 39% year-on-year to an all-time high of US$507 million in Q1 2021 ... ( read original story ...)

Posted on 02/08/2021

Singapore bank sues NFC chairman, children over S$2.53 million housing loans

Maybank Singapore applies to KL court to enter judgment against Mohamad Salleh Ismail, Wan Shahinur Izran and Wan Izzana Fatimah Zabedah. ( read original story ...)

Posted on 02/08/2021

The Business Times and OCBC to provide awards to enterprising emerging companies

SINGAPORE - Promising emerging companies will have the chance to get more resources to grow their business such as interest-free loans, in the 14th year of the Emerging Enterprise Award organised by ... ( read original story ...)

Posted on 02/08/2021

Singapore manufacturing activity beats expectations to expand for 13th straight month

SINGAPORE - Manufacturing activity in Singapore expanded in July for the 13th month in a row, rising to the highest level since December 2018. The Singapore Purchasing Managers' Index (PMI) came in at ... ( read original story ...)

Posted on 02/08/2021

Keppel offers to acquire SPH, excluding media business, in S$3.4 billion deal

SINGAPORE: Singaporean conglomerate Keppel Corp said on Monday (Aug 2) it would offer to acquire and privatise Singapore Press Holdings (SPH), ... ( read original story ...)

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