Gojek invests in Indonesian e-wallet LinkAja, joins Grab as investor

GOJEK has invested in LinkAja, joining Grab as an investor in the Indonesian state-backed e-wallet startup.

Adopt US SPAC rules - but with tweaks for Singapore, say observers

THE Singapore Exchange (SGX) should model its regime for special-purpose acquisition companies (SPACs) after what is being done in the United States, perhaps with small adjustments to improve it,...

New venture firm The-Wolfpack on the hunt for Asia-Pacific consumer startups

FORMER top executives at GroupM and IMG on Wednesday launched a venture firm targeting early-stage consumer startups in the Asia-Pacific.

MLT to raise S$650m to partially fund Asia property acquisitions

MAPLETREE Logistics Trust (MLT) wants to raise up to S$650 million from unitholders via a private placement and preferential offering, to partially fund a S$1.09 billion acquisition of properties...

SunMoon says in talks with a potential investor for fund raising

FRUIT and seafood distributor SunMoon Food on Saturday updated that its board has various potential fundraising options available, and is currently in talks with a potential investor on a specific...

Asset managers find due diligence solution in virtual realm

ASSET managers are turning to new ways to raise funds to get around travel bans, and hosting virtual due diligence sessions with investors in place of face-to-face meetings.

Singapore-backed AI startup Taiger wins US$25m from investors

[HONG KONG] Taiger, a Singapore-backed artificial intelligence (AI) startup whose clients include Bank of America, AIA Group and Banco Santander, has raised US$25 million of funding for its...