M17 Entertainment, the parent company of Singapore-based dating app Paktor, hopes to raise up to US$115 million in a US initial public offering (IPO). However, with the dating app only forming a small part of its income, M17 is banking on live-streamed ... ( read original story ...)
Singapore Startup Paktor Is Applying For An IPO On New York Stock Exchange
According to a securities and exchange commission filing, Paktor, along with its parent company and subsidiaries (collectively called M17 Entertainment), is eyeing for an initial public offering on the New Year Stock Exchange. Filed on the 11th of May, M17 ... ( read original story ...)
Deutsche Bank CEO Vows to Stay Strong in Asia Amid Overhaul
Deutsche Bank AG’s new chief executive officer pledged to keep the ... continue to be strong in Asia," CEO Christian Sewing said Monday at an investor forum in Singapore on his first visit to the region since taking the job last month. ( read original story ...)
Little Movement Expected For Singapore Bourse
The Singapore stock market bounced higher again on Friday, one session after it had halted the two-day winning streak in which it had added more than 15 points or 0.4 percent. The Straits Times Index now rests just above the 3,570-point plateau and it's ... ( read original story ...)
The Leader Who Wanted a `Crooked Bridge’ With Singapore Is Back
“Singapore will have to adapt to new personalities in Malaysia ... strengthen and deepen the bilateral relationship,” Lee said. Mahathir’s pick for finance minister, Lim Guan Eng, said at a weekend briefing the government wanted to review all ... ( read original story ...)
Singapore, Brunei ink pacts to boost cooperation in finance
BANDAR SERI BEGAWAN - Financial cooperation between Singapore and Brunei received a boost on Saturday (May 12) with the signing of two new agreements. The signings of the agreements - a memorandum of understanding (MOU) to exchange information related to ... ( read original story ...)
Mahathir Picks Lim as Finance Minister, Returns Zeti to Council
Malaysian Prime Minister Mahathir Mohamad named Lim Guan Eng as finance minister and set up an advisory board ... the high-speed rail to connect the capital Kuala Lumpur with Singapore. “We want to review all contracts that are not in favor or do not ... ( read original story ...)
Malaysia’s new finance minister has a ‘stellar’ economic record in Penang
As finance minister, Lim will be expected to oversee the new ... so that the government can still maintain fiscal discipline," said Hasan Jafri, who heads Singapore-based business consultancy HJ Advisory. But he added: "He will have to work quickly to ... ( read original story ...)
Q&A: Former finance minister Kevin Falcon explains B.C. Liberal role in housing crisis
Kevin Falcon played a key role in the Liberal cabinet as B.C.'s finance minister. After his resignation ... I kept raising in the different markets I was in, particularly in Singapore, Hong Kong and China, was trying to get an understanding of what ... ( read original story ...)
Ex-Genting Singapore V-P admits to insider trading
Genting Singapore's former vice-president of finance, Ms Kunye Tagi, has admitted to insider trading and has paid the Monetary Authority of Singapore (MAS) a civil penalty of $50,000 without court action. This follows a joint investigation by the ... ( read original story ...)
Energy storage’s day in the Singapore sun
“The Singapore government focuses on the ecosystem approach so we have the perfect finance base and a knowledge base such as Nanyang Technological University.” He adds that the transition for new technologies from test bed to real-world application is ... ( read original story ...)
A tech startup’s guide to Singapore
Here are some investors startups can look forward to meeting in Singapore: B Capital: Co-founded by Facebook’s Eduardo Saverin, the firm invests in startups along tech-reliant verticals like healthcare, transportation, finance, and consumer enablement. ( read original story ...)
6 things to know about Singapore before Trump and Kim Jong-un meet there
President Donald Trump said that his historic summit with Kim Jong Un will take place in Singapore on June 12. Here are some relavant facts about the city-state: 1. Until November 2017, Singapore was North Korea’s seventh largest trading partner In ... ( read original story ...)
Hyphens Pharma International to raise $13.5m in IPO
Upon the completion of the IPO, the company's market cap will be at $78m ... and consumer healthcare group with a direct presence in five ASEAN countries, namely, Singapore, Vietnam, Malaysia, Indonesia, and the Philippines. It sells speciality ... ( read original story ...)
Fullerton Health Eyes U.S. IPO After Singapore Setback
Fullerton Healthcare Corp., the medical service provider that shelved plans for a Singapore initial public offering in 2016, is now aiming to sell shares in the U.S., people with knowledge of the matter said. Fullerton Healthcare, founded in 2011, owns ... ( read original story ...)
Vietnam stock valuations seen as pricey after IPO binge
SINGAPORE/HANOI (Reuters) - Vietnam has just celebrated its two biggest IPOs and its first-ever ranking as Southeast Asia’s hottest capital market. But its benchmark index has also just suffered its worst monthly fall in seven years, prompting fund ... ( read original story ...)