Markets & Investing
Can venture capital keep up as startups embrace Asia's wealthy families?
Can venture capital keep up as startups embrace Asia's wealthy families?
Around 15% of APAC family office portfolios are private equities direct investments.
S-REITs DPU to grow 2% in 2020
The office sector will lead gains as a supply crunch is set to drive rents up.
Chart of the Day: Top 5 FTSE China stocks hit average returns of 17.9% in January
Water utilities firm SIIC environment recorded a 21.8% return in January YTD.
EDB eyes $8b-10b of fixed asset investments in Singapore for 2019
With these investments, Singapore wants to be a regional platform amidst global trade tensions.
SGX securities market turnover value declined 26% to $21.7b in January
Its securities daily average value fell 26% to $986m.
Zilingo clinches $307.1m in Series D funding
The funding round was led by Sequoia Capital, Temasek and the Singapore investment fund EDBI.
Hyflux extends deadline to file proofs of claim to 1 March
Parties are requested to set out all known obligations the scheme companies have towards them.
SGX rejects Nutryfarm International's 45% stake acquisition in First Linkage
The agency cited concerns about contractual workarounds to address foreign ownership restrictions.
Daily Briefing: 3,500 tenants bought first home with housing grant help; German online payments Wirecard AG refutes fraud allegations
And Singapore concerned with the collision of Malaysia’s vessel with a Greek carrier in Tuas.
Daily Briefing: SingPost fined $100,000 for service standards failure; AI music startup Musiio clinches $1.36m seed fund
And here's what's new with Oakwood's revamped booking system.
Chinese tech cities accounted for 36% of global VC investments in 2018: report
This translates to $74.8b of the $207.8b investment volumes.
Share buybacks crashed 51.11% to $26.4m in January
OCBC led the buying spree with $13.89m shares bought back.
China's outbound M&A likely to slide further in 2019
Regulatory scrutiny from US and Europe and tight funding conditions are to blame.
Hyflux creditors urged to file proof of claims by 15 February
Their proofs will be necessary for the basis to vote on scheme proposals and to get their payments.
Singapore's IPO market crashed 84% to $730m in 2018
This is significantly smaller compared to 2017’s $4.7b across 120 IPOs.
Daily Briefing: Lakeside Apartments' revived $205m en bloc price down 14.6%; Government to revamp Orchard Road as a lifestyle destination
And Temasek-owned Accuron Technologies spins out medtech business.
SGX mulls tougher auditing rules to intensify oversight
They propose to require a second auditor apart from the existing statutory for certain circumstances.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform