Markets & Investing
YNG Corporation bags $30m from Asia Financial Group
YNG will also issue 65 million warrants to AFG.
YNG Corporation bags $30m from Asia Financial Group
YNG will also issue 65 million warrants to AFG.
Keppel and SPH close voluntary unconditional general offer for M1
Both firms are expected to hold 80.69% of M1.
APAC private equity exits hit $142b in 2018
The surge in exit values outpaced the previous all-time high of $125b recorded in 2014.
Median deal multiples for PE-backed M&As set a new record in 2018: report
Deals focused on restructuring, carve-outs and turnarounds rose in value to more than triple the previous five-year average.
Chart of the Day: Singapore is fourth largest source of real estate investment
The Asia Pacific region accounted for half of transactions in 2018.
StarHub incorporates private R&D cybersecurity firm Cyber Analytics
It jointly incorporated the firm with IronNet International.
MAS and Florida's futures commission to mutually recognise Singapore and US derivatives venues
Derivatives trading facilities regulated by the two will be exempt from some operational requirements.
Singapore issuers amongst those that will dominate IPO pipeline by 2030
The city ranks seventh in capital-raising activity.
SGX tipped to rank as ninth listing destination by 2030
SGX will eclipse the Johannesburg and Deutsche bourse.
Daily Briefing: 2019 GDP growth forecast cut to 2.5%; Malaysia lost right to review water price: MFA
And SC Capital has bought Rivervale Mall for $230m.
Daily Briefing: Mandarin Gardens Collective Sale's reserve price raised to $2.9b; Temasek to acquire 30% of Denmark-based engineering firm
And GIC to sell shares in Coway to Korean company Woongjin Group.
F&N to acquire 60% of printing solutions company Print Lab
Print Lab will become an indirect subsidiary of F&N.
Chart of the Day: S-REITs' dividend yields lag Eurozone and Hong Kong
S-REITs' overall dividend yield stands at 2.7%.
SGX to test blockchain e-voting in Asia Pacific
It aims to simplify the management of shareholder meetings.
Quest Ventures to launch early-stage digital commerce startup funds worth US$120m
The VC firm plans to invest up to US$100m through an open fund and as much as US$20m through an impact fund.
Malaysian theme park developer Sim Leisure Group debuts on Catalist at $0.17 apiece
The firm has a market capitalisation of about $30m.
Half of Singapore and Hong Kong investors believe the economy will improve in the next three months: survey
However, a global recession is expected in H1 2020.