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Company in the news
Circles.Life launches world's first multi-country digital telco platform in Taiwan
SINGAPORE (June 24): Homegrown mobile virtual network provider Circles.Life is launching its digital mobile services in Taiwan on the back of a partnership with one of island’s largest telco players.
June 24, 2019
Healthcare
Clearbridge eyes more Chinese medical tourists with Hong Kong clinic expansion
SINGAPORE (June 4): Integrated healthcare company Clearbridge Health says it is planning to open a new 1,500 sq ft clinic along Causeway Bay, Hong Kong, to serve more domestic patients and medical tourists.
June 04, 2019
M&A
Keppel Data Centres buys into Luxembourg startup with $22 mil investment
SINGAPORE (June 3): Keppel Data Centres has invested €14 million ($21.5 million) in the Series C funding of Etix Group S.A. (Etix), giving it a minority stake in the Luxembourg-based data centre developer and provider of data centre colocation services.
June 03, 2019
Update
Raffles Medical Group says not long before China forms 20-40% of overall business
SINGAPORE (April 29): Raffles Medical Group (RMG) says Raffles Hospital Chongqing saw around 500 patients over 1Q19 since it opened in January this year. The new hospital currently has between 100 and 150 beds, and the group intends to roll out more beds
April 29, 2019
Food & Beverage
Jumbo opens three new F&B outlets in Singapore
SINGAPORE (April 12): Jumbo Group has opened three new restaurants in a move to expand in Singapore, with a new Jumbo Seafood outlet at Jewel Changi Airport as well as two new concepts at Far East Square, all of which were launched today.
April 12, 2019
Broker's Calls
Koufu to benefit from MBS expansion, new outlet opening a possibility: UOB
SINGAPORE (April 9): UOB Kay Hian is maintaining its “buy” call on Koufu Group with an unchanged target price of 95 cents while highlighting Koufu as a potential beneficiary from the upcoming expansion of Marina Bay Sands (MBS), where the group operat
April 09, 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
Property
Hatten Land announces Australia expansion plans with Melbourne land acquisition
SINGAPORE (Mar 6): Hatten Land intends to foray into the Australian real estate market by acquiring a land parcel in Southbank, Melbourne, from Australia’s Sundale Developments for a consideration of not more than A$15.8 million ($15.25 million).
March 06, 2019
Tech
Temasek-backed Impossible Foods to contest Bill Gates' Beyond Meat in Singapore
SINGAPORE (Mar 6): Starting today, blocks of Impossible Foods Inc.’s plant-based meat will be delivered to eight restaurants in Singapore to be made into a variety of cuisine from burgers and ‘meatballs,’ to char kway teow and ‘beef’ Wellington
March 06, 2019