IPO fundraisings on SGX from January to late August fell to a six-year low of $239 million in Southeast Asia’s total tally of about $8.4 billion, placing Singapore behind Malaysia, Philippines, ... ( read original story ...)
Temasek-backed Oxford Nanopore, a Covid-19 test provider, to launch $4.59 billion London IPO: Sources
The deal will strengthen Britain's efforts to lure life science businesses to its main stock market.. Read more at straitstimes.com. ( read original story ...)
FOMO Pay Receives Regulatory Approval from Monetary Authority of Singapore
FOMO Pay, Fintech based in Singapore, has been approved by the Monetary Authority of Singapore (MAS) to operate three new regulated activities — Merchant Acquisition Service, Domestic Money Transfer ... ( read original story ...)
Hill Dickinson hires new trade and commodities specialist in Singapore
Law firm Hill Dickinson has appointed Devottam Sengupta as a partner in its marine and trade group, based in Singapore. Sengupta specialises in trade, receivables and commodities finance and has ... ( read original story ...)
STARTUP DIGEST: IPO-bound Paytm to create firm for payments business; Xiaomi completes business registration of EV unit
There were several important developments in the startup space on Wednesday. Here’s a wrap of the top startup headlines. IPO-bound payments company Paytm is looking to turn its payment aggregator ... ( read original story ...)
Global Investment Bank and Capital Trust announce USD 68 Million Investment Fund in Artificial Intelligence
Global Investment Bank and Capital Trust announced the establishment of the GIB Ventures AI Fund, which will invest up to USD 68 million in startups transforming artificial intelligence. ( read original story ...)
Global Investment Bank and Capital Trust announce fund
Global Investment Bank and Capital Trust announced the establishment of the GIB Ventures AI Fund which will invest up to USD 68 million in startups transformin ... ( read original story ...)
Exclusive-Singapore Exchange to issue easier rules for SPAC listings -sources
Singapore Exchange is preparing to roll out easier guidelines for listings of special purpose acquisition companies (SPACs) in the city-state, which would make it the first major Asian bourse to ... ( read original story ...)
Vijaya Diagnostic IPO: Anchor investors pump in Rs 566 crore, Goldman Sachs, CLSA, others buy stake
Vijaya Diagnostic Centre has raised Rs 566.12 crore from 29 anchor investors ahead of its IPO (initial public offering). ( read original story ...)
Stock Market Today: SGX Nifty edges 10 pts lower; Asian markets flat; all eyes on two IPOs opening today
Nifty futures on Singapore Exchange-traded 13.5 points, or 0.08 per cent, lower at 17,112, signaling that Dalal Street was headed for a muted start on Wednesday. Nifty50 on Tuesday took out the 17,100 ... ( read original story ...)
Malaysia’s Carsome eyes US IPO as it hits $1.75 billion valuation
South-east Asian used-car marketplace Carsome Group said it has raised US$170 million (S$228.6 million) in a funding round from investors including Taiwanese chipmaker MediaTek, cementing its position ... ( read original story ...)
Singapore Cases Persist; Deutsche Bank Mandate: Virus Update
Singapore recorded more than 100 cases of Covid-19 for the eighth straight day on Tuesday. Mauritius is easing isolation rules for visitors after it vaccinated more than 60% of its population sooner ... ( read original story ...)
Kakao Pay Cuts IPO to $1.3 Billion As Valuation Concerns Grow
Kakao Pay Corp., South Korea’s largest online payment service, lowered its targeted initial public offering to $1.3 billion at the behest of Korean regulators concerned about soaring tech valuations. ( read original story ...)
Regulation is the ‘first priority’ for Singapore-based digital asset exchange ZipMex: CEO
Marcus Lim, Founder and CEO of ZipMex explains how the company is differentiating itself apart by "being regulated in multiple jurisdictions", and discusses its long-term business strategy. ( read original story ...)
Singapore’s MM2 Asia Agrees Loss-Making Sale of Cathay Cinema Chain
Singaporean entertainment mini-conglomerate mm2 Asia has finalized terms for the sale of Cathay Cineplexes, the country’s third largest cinema chain. The cinema exhibition sector has been badly hurt ... ( read original story ...)
SoftBank-backed ride-hailing firm Ola plans to raise $1 billion in India IPO
Indian ride-sharing firm Ola is planning to raise up to $1 billion through an initial public offering, a source familiar with the situation told CNBC. ( read original story ...)