Search Results for:Ka Kay Lum

Vanda, Shenzhen DayShine, Raffles Capital to launch $1.5b Asia AgriTech Fund

The fund has already secured $62 million in commitment from China Minsheng Investment Group, an LP of DayShine.


Foreign insurers can either pare stakes or contribute to health insurance fund, says Malaysian central bank

In Malaysia, 11 insurers including Great Eastern, AIA, and Tokio Marine, are currently wholly owned by foreign firms.


SparkLabs Taipei raises $4.25m for $10m venture capital fund

SparkLabs Taipei Fund II LP, has a target of $10 million and will be managed by SparkLabs Taipei co-founder and managing partner Edgar Chiu.


Singapore: EY acquires Adelphi to boost digital consultancy practice

The Adelphi Digital team of over 170 staff will join the firm in Australia and Singapore, with the business now branded as EY.


Ping An’s Global Voyager Fund looks to deploy another $100m by 2018-end

The $1b fund was launched in May 2017 with a mandate to invest in fintech & healthtech businesses outside China.


Grab unveils cross-border remittance product, official launch in early 2019

Grab’s new offering will allow both banked and unbanked senders to remit money instantly and securely to recipients in another country using their GrabPay wallets.


Malaysian packaging firm Scientex to take over smaller rival Daibochi for $53m

Bursa-listed Daibochi is a flexible packaging provider with manufacturing facilities in Malaysia and Myanmar.


UOB invests in Grab, Go-Jek partners DBS in latest financial services salvo

Grab has forged a strategic alliance with United Overseas Bank Ltd (UOB), which entails an undisclosed investment from the lender into the ride-hailing unicorn. 


E-commerce growth, rising e-wallet adoption to help Asia drive digital payments growth globally

In Singapore, mobile commerce is on track to overtake desktop commerce to be the most preferred channel in 2019 and will make up for 52 per cent of all online sales in the city-state.


Swiss VC firm Blockchain Valley Ventures opens office in Singapore

The regional office will begin its operations in early 2019, where BVV will work with its key strategic partners including Singapore’s SGInnovate to bridge European and Asian investors and tech startups.