Visual from Neo Group Facebook page.

Singapore: Neo Group discussing acquisition of Asia Farm stake


Neo Group is discussing the acquisition of a stake in Asia Farm.

Singapore: Northstar-backed Star Engineering opts out of Spindex bidding war

Private Equity firm Northstar Advisors-backed Star Engineering has decided against bidding for Singapore-listed Spindex Industries (SIL), after the consortium led by the company’s chairman acquired a majority stake in it, which makes the offer by the company’s management family unconditional. Star Engineering, a subsidiary of Northstar Equity Partners IV Limited,… Read more »

SG Dealbook: MAS-ADGM partnership; ZICOam launches ops; Funding Societies launches FS Bolt

The MAS and ADGM have entered into a partnership, Zico Asset Management has commenced commercial operations and Funding Societies has launched FS Bolt, which targets SMEs in need of working capital.

SG Dealbook: Axcelasia acquires Audex; CoAssets invests in HK fintech firm

Axcelasia has acquired Audex for RM2.88 million and CoAssets has invested in a Hong Kong fintech firm.

We’re very focused on ASEAN, especially Indonesia: Hari Krishnan, PropertyGuru

Hari Krishnan, CEO of Propertyguru, discusses M&A, growth prospects and corporate venturing.

Dymon Asia hits first close for maiden fund at $20m, Thailand’s SCB among LPs

Dymon Asia Ventures is targeting to raise $50m for its maiden vehicle.

Telstra-backed accelerator muru-D’s second batch set for next phase of growth

Eight SE Asian startups have completed their muru-D programme

Singapore: SGX mandates minimum allocation of Mainboard IPOs to retail investors

The Singapore Exchange (SGX) is mandating Mainboard IPO companies to allocate 5% or S$50M, whichever is lower, to retail investors.

Meaningful exit is primary need for Asean startup ecosystem: Justin Hall, GGV

Justin Hall of Golden Gate Ventures discusses VC-corporate relationship and startup exits.

SG Dealbook: Kimly’s S$40.4m IPO; Silverlake might buy EC’s stake in entities

Kimly Group launches its initial public offering on Wednesday by placing 173.8 million new shares at 25 cents a piece while Silverlake Axis was approached by its executive chairman to acquire shareholding interests in his various Silverlake private entities.