Noble Group

Noble Group has a $3b debt pile to tackle next


The sale of its oil business to Vitol Group probably buys the embattled commodity trader time.

Wavemaker Partners leads $2m round for Singapore online hospitality startup ZUZU

This investment round follows an earlier angel round of $1 million.

Tencent’s former Director for Corporate Strategy & Investment joins Singapore VC Jungle

Jungle Ventures is among the largest VCs in Singapore and had closed its second fund at $100 million in December 2016.

Singapore: Noble Group sells US oil unit to Vitol for $582m

The commodity trader warned it will probably post a net loss of more than $1 billion for Q3.

Singapore: VC funding surges as startups seek room to grow

Investors are putting money into the region’s venture firms as they seek opportunities beyond the US and China.

ASEAN bourses can’t support high startup valuations: Fatfish Internet Group

Fatfish Internet argues that ASEAN bourses cannot support the high valuation of regional technology ventures.

Strategic outcomes to be an emphasis in ASEAN corporate venturing: Tek-Yew Chia, KPMG

Tek-Yew Chia of KPMG discusses corporate venture capital in-depth.

Europe & ASEAN key to The Ascott’s growth strategy: Kevin Goh, COO

The Ascott has been aggressively growing through acquisitions during the course of 2017.

Tencent-backed SE Asia’s digital startup Sea raises $884m in US IPO

The deal includes a greenshoe option for 7.45 million shares, which could lift the value of the offering to $1 billion.

Singapore: Vitol close to acquiring Noble’s oil liquids business

Shares of Noble Group were halted in the afternoon, pending the “announcement of a major transaction,” the company said.