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Posted on 03/08/2021

Coface Singapore – First Insurer in Asia-Pacific to Join the LiquidX Digital Trade Credit Insurance Platform

LiquidX, the global fintech solutions provider for working capital, trade finance, and insurance, today announced that Coface Singapore Branch has joined its LiquidX 360 digital platform. The state-of ... ( 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 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

Policybazaar IPO: 10 things to know about India’s largest online insurance aggregator

PB Fintech recorded a consolidated loss of Rs 150.24 crore in FY21 against loss of Rs 304 crore in FY20 and loss of Rs 346.81 crore in FY19. ( read original story ...)

Posted on 02/08/2021

Blockchain Association Singapore Welcomes Former Regulator as Latest Board Member

Teng, who has become a member of the board, brings a wealth of experience from the financial and fintech sectors across multiple countries. ( read original story ...)

Posted on 02/08/2021

Vodafone arbitration case: Singapore court to hear India’s appeal in Sept

Arbitration court in September rejected India's demand for Rs 22,100 crore in back taxes and penalties from company. ( read original story ...)

Posted on 02/08/2021

Unicorn IPOs may bring tax woes for early investors

Prior to getting listed unicorns have to bring down the per share price, so that small retail investors can participate in the issuance. The only way to do so is to issue bonus shares — a step that ... ( read original story ...)

Posted on 31/07/2021

CarTrade IPO to open on 9 August, close on 11 August

Online auto classifieds platform, CarTrade Tech. Ltd’s initial public offering (IPO) will open on 9 August and close on 11 August. CarTrade, which helps users find used as well as new cars, is backed ... ( read original story ...)

Posted on 30/07/2021

Big broking firms expect Zomato’s shares to double from IPO price

JM Financial and Jefferies India have set a target of Rs170, while UBS has set a target of Rs165, compared with Rs76/share during IPO. ( read original story ...)

Posted on 30/07/2021

Singapore Bourse May Test Resistance At 3,200 Points

The Singapore stock market has tracked higher in two straight sessions, advancing more than 40 points or 1.3 percent along the way. The Straits Times Index now sits just above the 3,180-point plateau ... ( read original story ...)

Posted on 30/07/2021

Stock Market Today: SGX Nifty sheds 90 points; Asian markets mixed; dollar at one-month low, gold rises

Nifty futures on the Singapore Exchange traded 90 points, or 0.57 per cent, lower at 15,749, signaling that Dalal Street was headed for a mildly negative start on Friday. Nifty50 on Thursday negated ... ( read original story ...)

Posted on 30/07/2021

YIN Finance Announces Testnet Launch of Its Liquidity Management Platform Ahead of Mainnet Launch in August

YIN Finance, a multi-strategy NFT liquidity management platform, has announced the launch of its testnet on July 30, 00:00 GMT, as preparations for its mainnet are finalized. YIN Finance is geared ... ( read original story ...)

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