OKP back in black with S$3.3m FY2020 earnings, lifted by government support
CONSTRUCTION player OKP Holdings posted earnings of S$3.3 million for FY2020 ended December, reversing a year-ago S$378,000 net loss, it disclosed on Monday after trading hours. This was due to...
Kori aims to stay steely in face of rising material cost, labour strain
LABOUR crunches and spiking steel prices are among the challenges facing specialist builder Kori Holdings this year.
Roxy-Pacific associate acquires 999-year leasehold residential site for S$33.6m
MEQUITY Hills, a new associate of property developer Roxy-Pacific Holdings, has entered an agreement to acquire a 999-year leasehold residential site at 10A and 10B Institution Hill for S$33.6...
Grab suspends commissions in Myanmar as junta cuts off Internet
SINGAPORE-BASED tech firm Grab suspended collecting commissions from its drivers and restaurant partners in Myanmar on Tuesday, and will hold off on doing so until the end of this month, it said...
Old-school sectors could benefit from S$1b in funding platform
LARGE Local Enterprises (LLEs) hit by cautious sentiment in the private equity (PE) market - especially those in traditional sectors such as retail and manufacturing - could gain a boost from a...
Trive, family foundation launch fund to provide 'tenacious' founders S$100,000 each
VENTURE capital firm Trive, together with a family foundation, has launched a venture philanthropy fund to provide Singapore-based entrepreneurs with financial support of up to S$100,000 each.
Quest Ventures joins S$200,000 seed round for celebrity video platform Sendjoy
VENTURE capital firm Quest Ventures has joined a S$200,000 seed funding round for Singapore-based celebrity video platform Sendjoy to expand in Asia.
One Championship loss deepens to S$129.5m in 2019 on marketing cost surge
MIXED Martial Arts (MMA) promoter One Championship may face a tough road ahead, as recent regulatory filings made publicly available indicate a high cash burn and deep losses incurred in 2019,...
US-listed SPACs exploring S-E Asia for tech targets
THERE is growing interest among US-listed Special Purpose Acquisition Companies (SPACs) to acquire South-east Asian tech firms, thanks to investors' hunt for growth amid a slowing global economy,...
Prestige Biopharma eyes at least 1.8t won valuation in Korean IPO
SINGAPORE-BASED Prestige Biopharma expects an implied market capitalisation of between 1.8 trillion won and 1.93 trillion won (S$2.2 billion to S$2.3 billion) in its upcoming initial public...