Singapore-based Fullerton Health Corporation on Thursday announced the completion of its merger with Asian buyout firm RRJ Capital after settling a dispute with two of its co-founders. The transaction involves an equity injection by RRJ Capital and a senior loan totalling S$390 million (about $283 million) to the pan-Asian health provider. It also calls for… Continue reading Singapore’s Fullerton Health completes merger with buyout firm RRJ CapitalThe merger involves an equity injection by RRJ Capital and a senior loan tot…
Category: News Type
SoftBank nets $22b through Alibaba derivatives sale, says report
Japan’s SoftBank Group has raised as much as $22 billion in cash by selling a slice of its stake in Alibaba through prepaid forward contracts, according to a Financial Times report. The report said the group, led by Masayoshi Son, has so far executed the sale of about a third of its Alibaba stake through… Continue reading SoftBank nets $22b through Alibaba derivatives sale, says report
Data Vantage: A profitable 2021 for over 40 SG-registered firms, show latest filings
Singapore-based live streaming and social media platform Bigo Live had a banner year in 2021 as its revenue grew 42.8% to $2.07 billion as Asians consumed more online content during the pandemic period. Its revenue growth translated to $258.7 million in profit before taxes, more than 10 times the value recorded in the previous year… Continue reading Data Vantage: A profitable 2021 for over 40 SG-registered firms, show latest filings
@Honda: Honda Signs Agreement to Transfer Shares of Honda Lock Mfg. to MinebeaMitsumi
TOKYO, Japan, August 4, 2022 – Honda Motor Co., Ltd. (Honda) today announced that it has signed an agreement to transfer all shares of Honda Lock Mfg. Co., Ltd. (Honda Lock), a consolidated wholly-owned subsidiary of Honda, to MinebeaMitsumi Inc., a manufacturer of machinery components and electronic devices. In the midst of major changes in… Continue reading @Honda: Honda Signs Agreement to Transfer Shares of Honda Lock Mfg. to MinebeaMitsumi
How CFOs can balance their duties in driving startup growth
For these financial leaders, insights gained through digital transformation efforts are a key stepping stone. Go to Source
The Linux Foundation Announces Keynote Speakers for Open Source Summit Europe 2022
Global visionaries headline the premier open source event in Europe to share on OSS adoption in Europe, driving the circular economy, finding inspiration through the pandemic, supply chain security and more. SAN FRANCISCO, Aug. 4, 2022 /PRNewswire/ — The Linux Foundation, the nonprofit organization enabling mass innovation through open source, today announced the keynote speakers for… Continue reading The Linux Foundation Announces Keynote Speakers for Open Source Summit Europe 2022
Cloudbet is Giving Away $10,000 to Celebrate the Return of European Football
10 Cloudbet players will each receive $1,000 when they bet on any of the top 5 European leagues between August 1st and August 14th. WILLEMSTAD, Curaçao, Aug. 4, 2022 /PRNewswire/ — The soccer season is back! To celebrate, Cloudbet has $10,000 worth of USDT to give away to 10 lucky soccer bettors this month. The pioneering… Continue reading Cloudbet is Giving Away $10,000 to Celebrate the Return of European Football
Smart Ship© Hub , Singapore headquartered B2B (SaaS) Maritime digital platform raises pre series round of $ 2.5M led by Ideaspring Capital and StartupXseed ventures
SINGAPORE, Aug. 4, 2022 /PRNewswire/ — Smart Ship Hub(SSH) is a ready to deploy digital platform for global maritime logistics. SSH is disrupting the maritime industry the way avionics did in airline industry. Cloud based and on demand, SSH provides “unified platform and a single source of truth” for Ship owners, Ship Operators, Charter Parties,… Continue reading Smart Ship© Hub , Singapore headquartered B2B (SaaS) Maritime digital platform raises pre series round of $ 2.5M led by Ideaspring Capital and StartupXseed ventures
Alfa Laval to acquire BunkerMetric
LUND, Sweden , Aug. 4, 2022 /PRNewswire/ — Alfa Laval has signed an agreement to acquire BunkerMetric, a Scandinavian software company that develops advanced decision support tools for marine bunker vessels. The acquisition is part of Alfa Laval’s strategy to expand its digital marine service offering and will be part of the recently acquired StormGeo, a global… Continue reading Alfa Laval to acquire BunkerMetric
Asia’s central banks deploy forex reserves in fighting currency bears
Asia’s emerging economies are drawing on large foreign exchange reserves to help prop up their currencies rather than going all-out with interest-rate hikes. India, Thailand and Korea have seen their reserves drop by a combined $115 billion this year as they sold dollars to curb currency declines. While most central banks in Asia are also… Continue reading Asia’s central banks deploy forex reserves in fighting currency bears