News

Competition watchdog investigating if Grab-Uber merger will substantially cut competition

The Competition Commission of Singapore is also evaluating if the merger of the ride-hailing giants will result in greater efficiency.

Chinese food-to-flights app Meituan-Dianping offers half-baked IPO

[HONG KONG] Meituan-Dianping needs more time in the oven before it is fit for public consumption. The Chinese takeaways-to-taxis startup has selected banks to help it prepare for a Hong Kong listing...

China's Ping An starting work on up to US$3b OneConnect IPO: sources

[HONG KONG] Ping An Insurance (Group) Co, China's largest insurer by market value, is starting preparations for an initial public offering (IPO) of its OneConnect financial management portal that...

Corporate digest

ALLIANCE Mineral Assets on Wednesday said it was brought to its attention that its substantial shareholder, Hong Kong-listed Burwill Holdings, had made an announcement on March 26 of its intention to...

Orthopaedic group plans to raise S$10m in Catalist IPO

THE Orthopaedic Centre, a group of four orthopaedic specialists with four clinics across Singapore, is planning an initial public offering (IPO) on the Singapore Exchange that could raise more than S...

SMEs more upbeat about business prospects in Q2, Q3

OPTIMISM seems to be on the rise for small and medium-sized enterprises (SMEs), with expectations of strong sales and profit performance in the next two quarters.

Getting a taste of food vending business

What goes into developing sauces for noodle dishes that are sold in vending machines?

Ryde hopes to fill void left by Uber's exit

Carpooling platform Ryde hopes to fill the space left by Uber's departure by introducing its own private-hire service, RydeX.

Libra completes S$12m purchase of tourism business, geared at diversification shift

LIBRA Group, which provides mechanical and electrical engineering services, on Wednesday said it has completed its S$12 million acquisition of a 51 per cent stake in a Malaysia-based tourism and...

IEV auditors flag 'material uncertainty' concerns

IEV Holdings - which offers offshore engineering services - on Wednesday said its independent auditors have flagged "material uncertainty" over the business based on its financial statement for...

 

Emerging Enterprise award

Closes August 28, 2020