Singapore Digest: Weir buys out KOP; PropNex, DWG merge to form largest SG realty agency


KOP acquisition marks Weir’s entry into Asia.

E-commerce tech provider Shopmatic raises $5.7m from ACP Pte, SPRING SEEDS Capital

Shopmatic plans to use funds to expand to Indonesia, the Philippines & Middle East.

Singapore’s overtures to robot advisers not without risk

There are risks, and not all of them are equally obvious.

Singapore: Abu Dhabi-Singapore fintech pact; Pacific Radiance loans; HRnetGroup IPO

Abu Dhabi and Singapore have formed a fintech partnership, offshore & marine company Pacific Radiance has closed S$85 million in government-backed loans and HRNetGroup’s IPO will close on 14 June.

Singapore: Artivision, Sincap to exit subsidiaries; Ezion recapitalises AusGroup

Artivision to sell stake in subsidiary Artimedia for S$5 million to co-founder and CTO Ofer Miller.

Entertainment asset class supports robust cash flows: Justin Deimen, Aurora Media

Singapore-based Aurora Media Holdings, a media and entertainment asset investment vehicle with a corpus of $30 million, is focused on making content an asset class by establishing innovative and efficient media financing packages. In an interview with DEALSTREETASIA, Aurora managing partner, Justin Deimen said: “We’re looking at a seven-year cycle… Read more »

Singapore: Champsworth Development, Hotel Grand Central strike realty deals

Champsworth Development purchases 1 Draycott Park for S$72m; Hotel Grand Central acquires PwC Centre in Christchurch

Singapore-HK rivalry undermining Asia’s bid for $100b fintech market

The regulatory hotch-potch is making it tough for fintech firms to scale up.

Exclusive: In a first for region, Gobi, Dymon to crowdfund part of their new vehicles

VC firms and crowdfunding platforms have traditionally been at loggerheads.

Singapore: SPH forms JV with freelance services startup RecomN to launch

SPH forms a JV with RecomN Technologies to launch, an online services portal with an initial focus on event services.