MY Digest: Good Foodie Media snags funding; Apex Equity inks merger deal

Good Foodie Media team.

By Ka Kay Lum

December 20, 2018

While Malaysia-based content startup Good Foodie Media has raised RM220,000 ($52,581) to expand its services into Singapore; investment holding company Apex Equity and its unit have inked a merger agreement with Mercury Securities.

Good Foodie Media snags $52k

Malaysia-based content startup Good Foodie Media has raised RM220,000 ($52,581) from Penang’s i4 SeedFund and angel investors to expand its services into Singapore, it said in an announcement on December 19. Founded in 2018, Good Foodie Media produces food, event and travel related content in the form of daily food review videos, listicles, event postings, food deals compilations and others. It currently has presence in Penang and Kuala Lumpur, with plans to expand to Johor, Singapore and Bangkok. The startup claims that it has been profitable since day one of its operations through video advertising, advertorial, branded content and agency work. To date, Good Foodie Media has over 1 million followers across multiple social media platforms.

Apex Equity inks merger deal

Bursa-listed investment holding company Apex Equity and its unit JF Apex Securities have inked a business merger agreement with Mercury Securities, following a preliminary agreement they entered into in September, it said in a stock filing on December 18. Under the BMA, Apex Equity will be taking over Mercury Securities’ stockbroking, corporate advisory and other related businesses for RM140 million ($33.4 million), and transferring them to JF Apex.

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.
APPLY NOW

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.
APPLY NOW