Photo: Keppel T&T.

Singapore: GLP’s China branch; Keppel T&T to sell 10% in air cargo biz; CNMC to buy KelGold for $0.8m


Global Logistics Properties to see having GLP Financial Lease in China. Keppel Telecommunications & Transportation Ltd to sell 10 percent stake in Asia Airfreight Terminal Company for $45.2 million. CNMC Goldmine Holdings is planning to buy Malaysia’s KelGold Mining for $0.8 million.

Singapore: mm2 lodges preliminary offer document for UnUsUaL Group

mm2 owns majority in UnUsUaL, a concert production house.

Singapore: OCBC Wing Hang Bank sells stake in Hong Kong Life for S$425.8m

OCBC Wing Hang is divesting its stake in Hong Kong Life Insurance Limited.

Company credibility critical to corporate sales: Neal Cross, DBS

Neal Cross, CIO of DBS, discusses sales and how startups can sell to corporates.

PE firm Northstar completes Innovalues acquisition

Northstar had earlier joined bidding for Singapore-based Spindex but later opted out

Singapore coffee chain Kimly opens trading after $31.1m IPO

Singapore-based coffee shop operator Kimly Limited (Kimly) has commenced trading on the SGX Catalist, the secondary board of the Singapore bourse, under the stock code 1D0, opening trade at S$0.55 on Monday. The firm generated gross proceeds of S$43.5 million ($31.1 million) from its initial public offer (IPO). Heliconica Capital Management, a… Read more »

We want to be go-to partner for top global startups: George Ugras, IBM Ventures

IBM Ventures’ George Ugras on corporate innovation and approach to Asia.

Singapore-listed Ezra files for US bankruptcy as marine debt crunch spreads

Ezra Holdings Ltd., a Singapore-listed offshore services group, filed for bankruptcy in the U.S. after weeks of facing hostile actions from creditors at home and abroad as it struggles to recover from a slump in oil prices over the past three years. Ezra and two affiliates, Ezra Marine Services Pte. Ltd…. Read more »

ETF market has high growth potential in Singapore

Over the past 10 years, the proportion of funds invested globally in passive strategies such as Exchange Traded Funds (ETFs) has been steadily increasing. The shift from active to passive strategies most pronounced in equity. In the US, the proportion of passive stock market investments has doubled from just under… Read more »

Vertex Ventures set to beat $150m target for SE Asia & India focused fund: Kee Lock

The new fund is set to close in the next few months