Manesha Pereira

We’re trying to build an Asian leader in luxury marketplaces: The Fifth Collection

The founders of The Fifth Collection, a marketplace for luxury pre-loved goods, discuss their business operations, brand development and the dynamics of their segment.

Singapore: CWG Suzhou integrated development; Raffles Medical Chongqing hospital

CWG International acquires a 60% stake in Suzhou Xinglun Tourism to develop a integrated development and Raffles Medical Group has acquired land for developing a hospital in Chongqing.

SG Dealbook: Top Global chairman launches privatisation bid; Healthway receives initial proceeds

The chairman of Top Global is offering to buy up the rest of the company’s group for 33 Singapore cents per share and Healthway Medical Corporation receives the initial net proceeds from the first tranche of its convertible notes issuance.

SG Dealbook: Tee International; Asia ex-Japan REIT ETF in SGX; Wee Hur property

Tee International is finalising a proposal from controlling shareholder that may lead to its delisting and privatisation, NikkoAM-StraitsTrading Asia Ex Japan REIT Exchange Traded Fund lists on the SGX and Wee Hur Holdings is looking to buy a A$5.995 million Adelaide property to develop student dorm.

Singapore: Top Glove to establish JV co; Neo Group acquires Park Food Manufacturing

Top Glove Corporation enters into a joint venture agreement with Japan’s Fimatec Limited and subsidiary of Neo Group Limited enters into an exclusive dealing agreement with Park Food Manufacturing.

Singapore: ecoWise disposes of 15%in Chongqing; Sarine Tech opens new facility

ecoWise Holdings plans to sell its 15 per cent stake in Chongqing Zhongtian Electronic Waste Management for five million yuan while Sarine Technologies opens its new facility in Surat, India to consolidate the group’s Surat based diamond activity under one platform.

SG Dealbook: Fintech framework ; Common standards for green bonds; Renounceable rights issue cap raised to 100%

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.

SG Realty: Centurion launches student housing brand; Sabana Reit manager responds to SGX queries

Centurion Corp unveils a new brand for its student accommodation business in the UK, the manager of Sabana Reit addresses queries from the SGX and Bukit Sembawang Estates continues to flourish as a potential takeover target.

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.

Singapore-China partnership to boost CDL housing demand

City Developments Limited said the continued collaborative efforts between Singapore and Chongqing City will allow the group to dominate the Chongqing property market despite other Chinese cities implementing property cooling measures.