Investors can still demand probe if they back plan: Sias

There is nothing to stop Hyflux creditors from demanding an investigation into the firm or for a new board to examine its predecessor's actions if investors back the restructuring plan on April 5...

Consortium's deadline for Hyflux passes quietly

A crucial April 1 deadline that Hyflux's white knight set for its $530 million rescue offer came and went without a whimper, leaving investors and creditors more uncertain than ever.

Grab lands US$1.46b in fresh funds, raising coffers to US$8b

Grab said it plans to invest "a significant portion of fresh proceeds" in Indonesia, where it is going head-to-head with homegrown app firm Gojek.

Singapore fintech investments more than double to $492m in 2018: Accenture

Fintech investments more than doubled last year to make Singapore one of the region's leading centres.

IMAS launches digital accelerator programme to help start-ups

A new programme will allow financial technology (fintech) start-ups to work with professional mentors and develop solutions that can be rapidly commercialised for the asset management sector.

Industry body unveils fintech accelerator and mentorship programme for asset managers

SINGAPORE - The Investment Management Association of Singapore (IMAS) has launched a fintech accelerator and mentorship programme for asset managers.

Hyflux chief 'deeply saddened' by investors' pain

Hyflux chief executive Olivia Lum is "deeply saddened" over the "pain and loss" suffered by those who invested in or lent money to the now-insolvent company.

Ryde secures new round of funding, names new chairman

SINGAPORE - Local transportation start-up Ryde has secured an undisclosed sum of investment from investment firm Nomad X and appointed the firm's director as its chairman.

Best World investing in A*star biomedical spin-off Celligenics

SINGAPORE - Best World International is investing in A*Star spin-off Celligenics through a share subscription that will see it taking up at least a 12.5 per cent stake in the biomedical start-up...

Equinix investing $116m to build fourth data centre in Singapore

Nasdaq-listed Equinix plans to build a fourth data centre in Singapore at an initial cost of US$85.3 million (S$116 million).