Markets & Investing
Salt Investments raises $7m in 2.8 billion share placement
Salt Investments raises $7m in 2.8 billion share placement
The shares were sold at $0.0025 each.
Paragon Capital Management taps Trevor Lau as new managing director
He was also appointed as a strategist.
Jardine Matheson Holdings appoints ex-PAG Lincoln Pan as new CEO
John Witt has announced his resignation by the end of November.
Keppel appoints Piyush Gupta as Deputy Board Chairman
Keppel’s board now has seven independent directors.
Amara Holdings takeover offer ‘fair and reasonable’—IFA
The offer was for $0.895 cents per share.
OxPay to issue 35.4M shares for over $423,000
After the subscription, OxPay expects its FY2024 net loss to rise to $3.1m.
Singapore leads in crypto adoption with 28% ownership rate: report
This marks a rise from 26% in 2024, placing the city-state ahead of traditionally strong markets like the UK, US, and Australia.
Quadria Capital raises $1.4b in oversubscribed fund III exercise
Proceeds will be invested in 10 market-leading companies.
Plato Capital to delist with $0.0305 exit offer price
The offer price represents a 111.81% premium over the last traded price on 23 May.
Singapore outperforms global equity markets with 13% YtD gain
Morgan Stanley raised its 12-month price target for the MSCI Singapore Index to 2,150.
Singapore is a focal site in SEA regional M&A: report
It generates half of the region’s aggregate deal value.
Industrials gain momentum on SGX amidst tech and trade shifts: SGX
Industrials now make up one-fifth of the 100 most actively traded stocks by average daily turnover, SGX reported.
Singtel launches $2b share buyback as part of capital plan
The buybacks will be executed on the open market, with the repurchased shares to be cancelled.
Airwallex raises $387m in Series F funding for expansion plans
The company plans to use the funds to expand into Japan, Korea, the UAE, and Latin America.
Scaling without selling out: Strategic lessons for Singapore’s SMEs
In an economy that often rewards speed and scale, restraint may feel countercultural—but it can be effective.
SBF reelects Teo Siong Seng as chairman
His reappointment took effect on 20 May.
Could cash be making a comeback in Singapore wealth plans?
Also, over a third expect to grow their exposure to alternative investments.
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