Singapore: Si2i engaged in capital reduction, to distrbute S$10m to shareholders


Si2i Limited has engaged in a capital reduction exercise that will see it distribute about S$10 million to its shareholders.

Singapore: Airfrov secures seed funding from East Ventures

Airfrov has secured an undisclosed amount of funding from East Ventures.

Israel’s Brandshield exploring Catalist listing aiming $10m fundraising

Israeli startup Brandshield is exploring a listing on the SGX Catalist to raise funds estimated at $10 million to fund global expansion.

Fintech VC Life.SREDA launches co-working space in Singapore

Fintech VC firm Life.SREDA is launching a co-work space targeting the fintech community and its various partners.

Singapore: Trendlines pact with Braun; NSG takes majority in Stamford Group

Trendlines Group has entered into a strategic partnership with Braun, while New Silkroutes Group has purchased a majority stake in fund managers Stamford Management.

Singapore: Whatifics digs into startup business models with its analytics tool

Whatifics founder and former VC Glaeser’s advice to entrepreneurs is simple – understanding VCs relies on awareness of who they and their limited partners (LPs) are and the economic context they operate within.

Singapore: Xinren Aluminium to delist; Plato Capital acquires Malaysian subsidiary

Xinren Aluminium is going to delist from the Singapore Exchange and go private due to a takeover bid, while Plato Capital is expanding its presence in Malaysia with the acquisition of a subsidiary meant to serve as a special purpose vehicle.

Singapore: MNX Global Logistics acquires AEL for undisclosed sum

MNX Global Logistics has acquired Aero Express Logistics for undisclosed terms, as part of its Asia Pacific expansion.

CPG firms must embrace digital commerce in APAC markets: Accenture

Consumer packaged goods (CPG) companies must fully embrace digital commerce or risk losing out to newer industry players in the battle for an estimated $340 billion of market growth in the Asia Pacific (APAC). A new Accenture report – “The future is now: understanding the new Asian consumer” – sees Accenture estimate that… Read more »

M&As to become preferred route for startup exits in Singapore, SEA: Golden Gate Ventures

There has only been 11 tech IPOs in Southeast Asia since 2005, while there have been 127 acquisitions during the same time period. Of the top ten M&As in the region by value, eight occurred within the last three years.