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Regulatory Action
ABS and SGX RegCo enhance due diligence standards for SGX listing process
The Edge Singapore understands that the guidelines were enhanced in response to several corporate controversies.
November 13, 2020
Management & Corporate Governance
Ayondo interim CEO Richard Street resigns
SINGAPORE (June 28): Ayondo interim CEO Richard Mark Street is the latest C-suite executive to resign from the social trading company whose shares have been suspended from trading.
June 28, 2019
Management & Corporate Governance
Ayondo's Chief Operating Officer Charles Drake is latest to leave
SINGAPORE (June 14): Ayondo, the operator of social stock trading platforms, has seen the departure of another C-suite executive -- this time that of chief operating officer Edward Charles Drake.
June 14, 2019
Management & Corporate Governance
Ayondo pushes ahead with sale of unit; SGX RegCo launches probe
SINGAPORE (May 8): Things aren't going well at trading platform Ayondo. And that is an understatement.
May 09, 2019
Management & Corporate Governance
Another one bites the dust at Ayondo – this time the chief marketing officer
SINGAPORE (Mar 18): Ayondo’s CFO was the first to quit last July. This was followed by the resignation of its CEO in January. In its latest announcement over the weekend, it seems Ayondo’s CMO has thrown in the towel too.
March 18, 2019
Results
Ayondo sinks to 1Q loss of $8.4 mil on IPO, finance costs
SINGAPORE (May 9): Ayondo, the fintech group which made its debut of the SGX Catalist board in March, has posted losses of CHF 6.3 million ($8.4 million) for the 1Q, more than doubling from losses of CHF 2.8 million a year ago.
May 09, 2018
IPO
Ayondo makes Catalist debut today
SINGAPORE (Mar 26): Ayondo will make its debut on the Catalist board of Singapore Exchange (SGX) at 9am today.
March 26, 2018
Ayondo abandons RTO for IPO
SINGAPORE (Oct 11): Social trading platform Ayondo abandons RTO for IPO will seek a listing through an Initial Public Offering (IPO) instead of a Reverse Takeover (RTO) as announced in mid 2016.
October 11, 2017
Starland's reverse takeover of fintech firm Ayondo lapses
SINGAPORE (Sept 25): The $158 million reverse takeover deal of fintech Ayondo property firm by Starland Holdings has lapsed.
September 25, 2017
SGX-bound ayondo acquires Tradehero
SINGAPORE (Nov 16): Financial technology (fintech) group ayondo has acquired investor education app, Tradehero for an undisclosed sum.
November 16, 2016