This financial year has set a record for mergers and acquisitions (M&As) in India, with deals worth $61.26 billion—more than double the value of transactions last year. In 2015-16, M&A deals were worth $27.62 billion. The sharp increase was a result of both strong foreign buying interest and consolidation underway… Read more »
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.
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.
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.