YouTrip, a digital financial services platform and aspiring neobank, has raised US$ 30 million in Series A funding, according to a company statement. YouTrip is a Major Payment Institution licensed by ... ( read original story ...)
Pragma Appoints Former Standard Chartered Head of Client Tax Information Compliance, Michael Brevetta as Head of Regulatory Compliance
Pragma announced that Michael Brevetta has joined the cybersecurity consultancy as its Head of Compliance, Conduct, and Regulatory Risk effective from 1st November 2021. Brevetta brings over 18 years ... ( read original story ...)
Singapore taking steps to mitigate challenges to sustainable financing: Indranee
Measures include working with industry and international partners to facilitate credible disclosures.. Read more at straitstimes.com. ( read original story ...)
Data centre operator Digital Core Reit registers largest IPO in Singapore this year
Digital Core Reit is raising close to US$1 billion (S$1.37 billion) in a Singapore initial public offering (IPO) of 267 million units. Its manager lodged a prospectus with the Monetary Authority of ... ( read original story ...)
Digital Core REIT to raise $600 mln in Singapore’s biggest IPO this year
Digital Core REIT, sponsored by U.S.-listed Digital Realty Trust , is set to raise $600 million in an initial public offering (IPO) in Singapore, the largest listing in the city-state this year, the ... ( read original story ...)
Mubadala Mulling Investment in Singapore-Based Princeton Digital
Mubadala Investment Co., an Abu Dhabi sovereign fund, is considering investing in Princeton Digital Group Pte as part of the Asia-focused data center operator’s fundraising plans, according to people ... ( read original story ...)
OCBC Bank acquires stakes in multiple Solomartel real estate funds
OCBC Bank, one of Singapore's largest banks, made multiple real estate investments by acquiring significant stakes in multiple real estate funds of the online real estate investment fund Solomartel. ( read original story ...)
DBS feels ire of MAS after uncharacteristic two-day outage
But by this time the disruption had become the worst outage since 2010. And by then, the Monetary Authority of Singapore had taken notice. “This is a serious disruption and MAS expects DBS to conduct ... ( read original story ...)
Digital Core REIT to raise $600 mn in Singapore’s biggest IPO this year
The Real Estate Investment Trust (REIT), which owns 10 freehold data centres in the United States and Canada worth around $1.4 billion, is issuing 682 million units at $0.88 per a piece, excluding a ... ( read original story ...)
Digital Core REIT to raise $600m in SG’s biggest IPO in 2021
The retail component, around $12 million, opens on Monday. Shares totalling $223 million are being placed to other institutions. ( read original story ...)
Thought Machine now a cloud banking unicorn thanks to JP Morgan, Standard Chartered and ING
The $200m raise puts Thought Machine’s price tag well over the $1bn mark. A swathe of new investors have joined Thought Machine’s cap table today, with a $200m Series C funding round that pushes the ... ( read original story ...)
U.S.-Listed Digital Realty Trust Unit Seeks to Raise Around US$700M in Singapore IPO
By P.R. Venkat Digital Realty Trust Inc.'s unit is planning to raise up to $682 million through a real estate investment trust listing in Singapore, which ... ( read original story ...)
Singapore office rents may overtake Hong Kong’s on pandemic shift
Singapore office rents may overtake those of Hong Kong for the first time since 2009, a sign that the Southeast Asian city-state is gaining an edge over its rival financial hub. ( read original story ...)
Apical Collaborates with Singapore Agri-Food Innovation Lab (SAIL) to Advance Innovation and Sustainability in Agri-food Sector
Apical Group, a leading global palm oil processor and a member of the RGE group of resource-based companies, has been named one of the agri-commodity corporate partners of the newly launched Singapore ... ( read original story ...)
hSenid Business Solutions aims for IPO to strengthen its global presence
Senid Business Solutions is a Sri Lanka-based premier HRIS solutions provider operating from Australia, Singapore, Kenya, India, and Bangladesh. The company specialises in Human Resource Information ... ( read original story ...)
Smart Reads of the Week: Daiwa House Logistics Trust’s IPO, Temasek Bonds and ST Engineering’s Investor Day
It’s been an eventful week. The Singapore Exchange is seeing its first REIT listing for the year as Daiwa House Logistics Trust debuts on the local bourse. We are also hearing murmurs of a second ... ( read original story ...)