The financial regulatory boards of Singapore and Japan sets up common standards between both countries, the Asean Capital Markets Forum (ACMF) and the International Capital Market Association (ICMA) introduces the Asean Green Bond Standards while SGX raises the pro-rata renounceable rights issue cap to 100% of share capital.
By Shiwen Yap
Startup SG Equity is allocating S$200m for co-investments in ‘deep tech’ cos.
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.
The SGX reportedly plans to impose a minimum retail allocation in IPOs, Epicentre is acquiring a majority stake in Japan IPL and Singapore eDevelopment is acquiring a stake in a network marketing firm.
The Singapore Fintech Association has partnered with local polytechnics as part of an industry collaboration to drive fintech development.