By Elffie Chew and Joyce Koh
This is double the company’s value when it delisted in 2013,
Swing Media Technology Group Limited (Swing Media) will be raising S$5.1 million in net proceeds from a new share placement to seven investors – including two discretionary account clients – managed by Hong Kong-based Look’s Asset Management Limited (LAM).
Advanced Holdings id discussing the acquisition of Agricore Global in an RTO deal and CIT is divesting an Ubi property.
AA Group is acquiring PHH in a deal worth S$25 million while Procurri Corporation is entering the US market through a JV.
International infrastructure and property firm Lendlease is appointing Keith Low to the role of Head of Asset Management, Asia.
AsiaMedic is acquiring a South Korean medical services firm and ASLAN Pharma is conducting its initial public offer on the Taipei bourse.
ASX-listed CoAssets has made a RMB 1 million (~$146,000) strategic investment in Chinese product crowdfunding platform Da Xian Bing, acquiring 10 per cent of the firm for RMB 1 million.
Singapore: CS firm sues Cocoon for inducing “breach of third party contract” in exchange for investment in Connaizen
Corporate services firm Estellion is suing Cocoon Capital for an alleged breach of contract involving Indian startup Connaizen. Cocoon has denied the allegations and said the charges were “absolutely unfounded and baseless” and that its solicitors are contesting their claim.
Social credit firm Wecash Group is entering the Indonesian market through a JV with Kresna Investments.
Paktor will add Colin Hodge, founder and CEO of Down, to its team and maintain operation of both apps