Singapore: Song Fa Bak Kut Teh raises S$500k via New Union

Bowl of bak kut teh. Credit: Wikimedia Commons

Singapore-based New Union, which provides debt-based business finance – connecting local businesses with accredited and institutional investors – has successfully raised S$500,000 for hospitality company Song Fa Bak Kut Teh through its crowdfunding platform in early May.

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