By Shiwen Yap
Tat Hong is set to delist from the SGX while CWG International has subscribed to a promissory note to finance acquisitions.
Temasek Holdings and Kuehne Nagel International AG will jointly invest in early-stage logistics technology startups.
Scooterson raises a seed round while Australia’s ACK Group has led an investment in US-based Reviver Auto.
“There are hardly any Internet companies listed on the SGX today. Why would that be the case, since a big part of everyone’s life now revolves around technology? That’s largely a debate that the SGX is going to have to engage in, and particularly about their terms for a profit requirement of those companies seeking to be listed on SGX,” Kin-Wau Lau said.
Far East Hospitality REIT is to acquire Oasia Hotel Downtown while SingHaiyi Group has purchased Park West condominium.
Singapore is carrying out extensive research into the distributed ledger technology that underlies bitcoin.
Singapore-based Hatcher+, which uses AI and machine learning technologies to select early-stage venture investment opportunities, aims to invest $125 million in startup ventures over the next three years.
Innoven’s Southeast Asia arm invested in travel-booking services company Oway, live-streaming platform M17 Entertainment, online Korean-beauty store Althea and fintech services provider Akulaku, among others, in 2017.
Kenneth Oh of Dentons Rodyk discusses ICOS, regulations, and the liquidity prospects for LPs and fund managers.
Kayamori discusses the success of his cryptocurrency exchange’s ICO, as well as its growth plans.