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Fundraising
Digital Economy
Flowing fast: A guide to alternative fundraising for SVB-hit start-ups
Singapore’s start-ups should see the SVB collapse as a wake-up call to ensure their contingency plans and long-term survival.
March 18, 2023
Investing ideas
Whisky brokerage service in Singapore offers investors opportunity to invest in rare whisky
Interested in whisky? Rare Finds Worldwide has launched a brokerage and fund targeted at professional investors and collectors
September 17, 2020
Update
Suntec REIT looks to expand Australia footprint with $150 mil private placement
SINGAPORE (April 24): Suntec REIT’s manager ARA Trust Management is proposing to issue 84.7 million new units of the REIT at $1.77 to $1.81 per new unit in its bid to raise up to $150 million of gross proceeds, with the possibility of increasing the siz
April 24, 2019
Startups, Entrepreneurs, Digital economy
Grab sets sights on US$6.5 bil capital mark
SINGAPORE (April 8): Grab Holdings is expecting to rake in further US$2 billion ($2.71 billion) in funding to bring its total capital raised this year to US$6.5 billion, following its Series H round which saw SoftBank and other key strategic investors inv
April 08, 2019
Update
Raffles Education scraps $27.4 mil rights issue in view of recent market conditions, share price falls
SINGAPORE (Mar 6): Raffles Education Corp is cancelling its proposed 2-for-10 rights issue, which would have allowed the group to raise up to about $27.4 million in net proceeds after raising 275.9 million new shares at the issue price of 10 cents per sha
March 06, 2019
Funds
CapitaLand announces launch of US$750 mil discretionary real estate debt fund in China
SINGAPORE (Feb 27): CapitaLand has announced the first closing of its first discretionary real estate debt fund, which the group will hold a 10% stake in.
February 27, 2019
Southeast Asia PE deal value surges to $30 bil in 1Q, led by Singapore
SINGAPORE (July 9): Total private equity (PE) and venture capital (VC) deal value in Southeast Asia hit a historic high of US$21.9 billion ($29.7 billion) over 19 deals in 1Q18, significantly up from 26 deals worth US$687 million a year ago.
July 09, 2018
Startups, Entrepreneurs, Digital economy
This vegetable-selling startup's just been valued at $3.7 billion
(Jan 12): Meicai, a China startup that helps farmers sell vegetables to restaurants, has raised US$450 million ($598 million) in a funding round led by Tiger Global Management and China Media Capital, according to people familiar with the matter.
January 12, 2018
Global Economy
E-commerce to fuel Southeast Asia's internet economy: Google-Temasek
SINGAPORE (Dec 12): Southeast Asia’s internet economy has experienced unprecedented growth over the past year to exceed Google-Temasek initial research projections, with there to be over 330 million active monthly internet users by end-2017 – a 70 mil
December 12, 2017
Grab raises US$750 mil in latest fundraising round
SINGAPORE (Sept 20): Ride-hailing service Grab has raised US$750 million ($1.02 billion) in its latest round of fundraising, led by SoftBank as well as other existing and new investors.
September 20, 2016