A Singapore Exchange logo sits outside their head office in Singapore April 22, 2015. REUTERS/Edgar Su/Files

Singapore Exchange mulls tieups with global bourses as deals grow harder


Even as regulators crack down on yet another round of consolidation.

Weeloy secures $3.6m funding from Malaysia’s FirstFloor Capital

FirstFloor Capital has closed a $3.6 million investment from Malaysia’s FirstFloor Capital.

Singapore: fintech startup soCash raises another $600k angel round

Singapore-based fintech startup soCash, which operates a digital cash management platforms for banks, has closed a US$600k angel round to fund its growth.

Singapore: FundedHere expands into Malaysia; Ezion JV consolidation impact

FundedHere is planning to expand regionally, while Ezion is expected to remain viable despite an increased debt load from recent acquisitions.

Exclusive: Expara mulls new fund, hikes EV-III vehicle size to $21.5m

EV-III has an active investment period of five years

Singapore Digest: Gentle Care extends Healthway offer; WeWork comes to SG

Lippo Group vehicle Gentle Care has extended the timeline of its takeover offer of Healthway Medical Corporation and co-work space operator WeWork is expanding into Singapore. Gentle Care extends takeover offer of Healthway Gentle Care, a vehicle of Indonesia’s Lippo Group, is extending the closing date for its takeover offer… Read more »

SG Dealbook: Top Global chairman launches privatisation bid; Healthway receives initial proceeds

The chairman of Top Global is offering to buy up the rest of the company’s group for 33 Singapore cents per share and Healthway Medical Corporation receives the initial net proceeds from the first tranche of its convertible notes issuance.

SG Dealbook: Tee International; Asia ex-Japan REIT ETF in SGX; Wee Hur property

Tee International is finalising a proposal from controlling shareholder that may lead to its delisting and privatisation, NikkoAM-StraitsTrading Asia Ex Japan REIT Exchange Traded Fund lists on the SGX and Wee Hur Holdings is looking to buy a A$5.995 million Adelaide property to develop student dorm.

GIC, Abu Dhabi fund in talks to buy stake in US clinical trials firm

A deal could value the entire company at over $9 billion.

SG: TGL’s chairwoman offers to buy out company at 33 cents per share

SW cited compelling premium over the prevailing market prices, and unique cash exit opportunity for shareholders, given the low trading liquidity of the shares, as the main reasons for making the offer.