Singapore Exchange to allow dual-class shares to attract tech IPOs

By
Posted

MAS said it supports SGX’s decision to allow dual-class share structures, and that it would review the safeguards.

Singapore’s 99.co acquires Indonesian real estate platform UrbanIndo

The deal is set to see 99.co — which is backed by investors including 500 Startups, Golden Gate Ventures, East Ventures, Sequoia India and Facebook co-founder Eduardo Saverin — emerge as a strong competitor to PropertyGuru in Singapore and Indonesia.


Strong ASEAN GDP growth to spur tech listings & property stocks: Dr Ernest Kan, Deloitte

Dr Kan, the deputy managing partner for markets at Deloitte Southeast Asia, is bullish on the prospects for equity capital markets of ASEAN.


Merger of Asian co-working space operators JustCo and naked Hub falls through

The two co-working space operators earlier announced plans to merge to compete with industry leader WeWork, whose operational footprint in Asia extends to China, Hong Kong, and India.


Singapore: Eyeota & Carousell secure growth financing

Eyeota has raised a $12.5 million Series B while Carousell has closed additional funding estimated at $45 million in 2017. 


US infra fund manager GIP completes $5b deal to acquire SG-based Equis Energy

The deal is claimed to be the largest renewable energy generation buy in history


Singapore’s Temasek leads $100m Series C in Chinese robotics startup Rokid

The funding round in Rokid was also joined by Credit Suisse Group, CDIB Capital International, and existing investor IDG Capital.


SG: Uber, ComfortDelGro launch new taxi service to take on Grab

The collaboration with ComfortDelGro is expected to give Uber a leg up in its battle for market share with Grab, Southeast Asia’s dominant ride-hailing player.


SG Dealbook: QT Vascular raises funds; UMS, OCBC, Soo Kee make investments

Lion Global Investors, an OCBC subsidiary, has increased its holding in China’s Maxwealth Fund Management Company to 28.51% from 10% earlier.


Singapore Kitchen Equipment & CNMC Goldmine seek dual listings in Hong Kong

Primary listings in Singapore and HK will grant the firms access to two different capital markets in the Apac region