The U.S. company launched local online shopping in the wealthy Southeast Asian city-state more than two years ago with its fast delivery service throu
The Vertex Growth Fund will invest $10-15 million per company.
IPOs & Markets
Sembcorp is injecting new equity into the business, and intends to re-file the papers later this year.
Singapore sits at the centre of the fast-growing and internet-obsessed Southeast Asian region.
In October, SM Investments (SMI) had agreed to acquire 60% of Hyflux for $290 million and also give it a loan of S$130 million.
Singtel is keen to expand beyond its traditional carrier services into areas such as digital marketing, cybersecurity, mobile payments and video strea
After the rights offering, Singtel’s effective interest in Airtel will be 35.2 percent. Singtel has a direct equity stake of about 15 percent.
Hyflux, which built two of Singapore's desalination plants, is in the middle of a court-supervised reorganisation which began last year as the company
Conglomerate Keppel Corp and Singapore Press Holdings would delist Singapore's smallest mobile operator M1 Ltd after their offer to buy control of the
Olam is majority owned by Singapore state investor Temasek Holdings and counts Japanese trading house Mitsubishi Corp as its second-largest shareholde
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