Singapore’s AsiaMX secures investment led by Marvelstone Group


Singapore-based AsiaMX (Asia Media Exchange), a premium cross-media monetisation service provider, has closed a “six-figure” funding round from a syndicate including both angel investors and Marvelstone-backed 10K Asia, its accelerator arm. The investment will allow them to launch a programmatic TV advertising sell-side exchange in Asia Pacific, a press release stated. The company’s founding… Read more »

Malaysian firm Top Glove seeks secondary listing on Singapore bourse

Malaysian glove manufacturer Top Glove Corp Bhd is proposing to undertake the secondary listing of and quotation for all the company’s existing shares on the mainboard of the Singapore bourse. Top Glove already maintains a listing on the Main Market of Bursa Malaysia. A stock exchange filing suggests that with the secondary listing on… Read more »

Singapore: Ascott REIT acquires NY property for $158m

The Ascott REIT has acquired a second New York City hotel property for $158 million.

China’s Greenland Group injects hotel assets in SPV, eyes SGX listing

Greenland Group is injecting 20 hotels in China worth close to S$5 billion ($3.63 billion) into Singapore-based Amare Investment Management Group, in the form of a special purpose vehicle (SPV).

Startupbootcamp Fintech selects 10 international startups for its Singapore programme

Startupbootcamp FIntech has unveiled its latest batch of fintech startups, with the aim of

SG Dealbook: OCBC issues A$300m notes; UOB issues $500m notes; SembMarine to acquire Gravifloat

OCBC and UOB are issuing notes as part of their global medium term note programme, while SembMarine is venturing into LNG terminal solutions with the acquisition of Gravifloat AS, a Norwegian firm.

Singapore: Hatcher-backed Dropmysite rebrands itself as Dropsuite ahead of global push

Dropmysite has rebranded to Dropsuite as it expands into a global market, with the aim of growing its business continuity services that protect SME’s digital assets.

BSI Singapore banker involved in 1MDB investigation leaves firm

Yak Yew Chee, a BSI Bank Singapore executive whose financial accounts were frozen as part of a probe related to a Malaysian government fund, left the bank in February, according to the firm. Yak had been a relationship manager for 1MDB Global Investments Ltd, a unit of 1Malaysia Development Bhd, whose… Read more »

Ensogo hires Zalora co-founder, HappyFresh sets up Philippines office

“We are confident that with McGuire’s leadership and expertise, we will be able to accelerate our strategies and deliver growth rates that correspond with the size of the e-commerce opportunity in the region.” – Kris Marszalek

Malaysia: Anchor Resources to IPO on SG’s Catalist

The shares, which will be placed by sponsor and issue manager UOB Kay Hian, will begin trading on March 18. They will represent 10.3 per cent of Anchor’s post-IPO share capital, and value the company at S$69.9 million.