Markets & Investing

Keppel appoints Piyush Gupta as Deputy Board Chairman

Keppel’s board now has seven independent directors.

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.

CLI establishes first onshore master fund in China

The master fund will invest in a series of sub-funds to acquire high-quality assets.

Quantified Energy ends funding round for solar drone tech expansion

The company specialises in drone-based electroluminescence inspection technology for solar PV systems.