Advance Capital Partners Asset Management (ACPAM)

SINGAPORE (Dec 11): Pine Capital, the financial services group specialising in fund and asset management services, is acquiring a 51% stake in Hong Kong-based asset management firm for HK$2.55 million ($0.45 million) in shares.

SINGAPORE (Aug 16): OLS Enterprise, which recently completed the acquisition of its own financier, plans to raise $3.6 million for working capital needs by placing out new shares to five new investors.