Markets & Investing
Daily Briefing: Carro invests $41.32m in Malaysian car bidding platform; Government mulls setting fixed price for GSW public housing
Daily Briefing: Carro invests $41.32m in Malaysian car bidding platform; Government mulls setting fixed price for GSW public housing
And Grand Prix organisers are stocking up on face masks against haze.
Vertex Ventures SEA and India closes round for US$305m fund
It will back Series A tech startups in fintech, consumer internet, and enterprise technology.
Bahrain accelerates setup process for Singapore startups
Startups can get guidance from Bahrain’s accelerators as well as financial grants.
Mapletree Industrial Trust raises $400m through oversubscribed private placement
It will be used to partially fund acquisitions and investments in North American data centres.
Mapletree Industrial Trust to raise $350m through private placement
It will be used to fund the acquisition of data centres in North America.
Daily Briefing: Bali-style GCB to tender at $23m; Chemical separation tech firm SEPPURE secures $2.6m seed fund
And here’s how firms could tap into a fast-growing esports and gaming culture.
Keppel DC REIT to raise $473.8m to fund acquisitions
It will be used to buy 99% in Keppel DC Singapore 4 and 1-Net North Data Centre.
Keppel unit sells 51% stake in DataCentre One for $102.9m
The proceeds will be used for other acquisitions and refinancing purposes.
SGX approves delisting of steel manufacturer Delong Holdings
The application was sent on 21 August.
GIC-led consortium invests $690.18m in retail company VCM
The consortium now holds a minority stake in VCM.
Top 30 stocks by turnover outpaced STI in 8M19
These companies saw returns of 11.5% compared to the benchmark’s 4.8%.
Daily Briefing: Luxury items company Reebonz to delist from Nasdaq; Security solutions provider Oneberry raises $30m in Series A round
And a generous election budget is expected to ease voters’ economic fears.
Daily Briefing: Private capital raising platform CapBridge gets $5.54m investment; Build environment sector receives a $20m boost.
And GEC-KIP Fund invests $3.2m in Vietnamese proptech firm Rever.
Ascott Residence Trust issued $150m in fixed rate perpetual securities
It will be used to fund the redemption of $150m 5% perpetual securities.
Temasek joint venture to invest nearly $70m in supply chain startups
Reefknot Investments will focus on series A and B rounds of startups.
Share buyback consideration hits $70.1m in August
23 SGX-listed stocks bought back 71.5 million shares.
Offshore bonds issued by Chinese property developers plunged to $1.6b in August
About $3.7b are set to mature for the remainder of the year.
Commentary
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Managing the cost of diverging standards: Why Singapore matters
Singapore’s AI ambition has an intelligence problem
Singapore is deploying AI at speed – and security risks are catching up
Precious metal boom is a stress test for Singapore’s gold ambitions
Singapore’s global dispute fault lines
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data