investment

In print this week

Early CPF withdrawals indicate anxiety; more nest eggs needed for future

SINGAPORE (Sept 10): It will be more than a decade from now before Tee, 43, can withdraw some cash from her Central Provident Fund (CPF) savings, but she has already made up her mind. Once she turns 55, the electrical engineer hopes to withdraw up to “t

Results

Thakral Corp's 1H18 earnings rise 50% to $4 mil on higher revenue

SINGAPORE (Aug 2): Thakral Corporation reported a 50% rise in 1H18 earnings to $4 million compared to its earnings of $2.7 million a year ago. This came on the back of strong revenue growth from both its core businesses, investment and lifestyle.  

Investing strategies

Interaction and advice makes wealth managing that much more meaningful

SINGAPORE (July 18): When it comes to wealth management, a constant dialogue with clients makes all the difference, says Dominique Jooris, South Asia CEO at Pictet Wealth Management.

Startups, Entrepreneurs, Digital economy

ezbuy raises US$17.6 mil in pre-series C funding

SINGAPORE (May 24): Local online shopping platform, ezbuy.sg, has successfully raised a total of US$17.6 million ($23.6 million) in its pre-series C funding.

M&A

Chip Eng Seng to acquire up to 75% stake in US education consulting firm

SINGAPORE (May 21): Chip Eng Seng (CES) is planning to acquire up to 75% in Pennsylvania-based American Scholar Group (ASG) for US$1.5 million ($2 million).  

M&A

China Jinjiang's 1Q earnings fall 21% to $21.1 mil; acquires stake in Brazilian WTE firm

SINGAPORE (Apr 23): China Jinjiang Environment reported 1Q18 earnings fell 20.9% to RMB 100.8 million ($21.1 million) from RMB 127.4 million in 1Q17 on lower sales and higher cost of sales and finance costs.

iFAST trading platform FSMOne.com offers limited-time $10 flat fee to local investors

SINGAPORE (Apr 16): iFAST Corp’s FSMOne.com, is offering a $10 flat fee to all investors trading SGX-listed stocks and exchange-traded funds (ETFs) on its platform, from Monday till May 31.

Fintech

Allianz becomes Go-Jek's sole international insurance shareholder with US$35 mil investment

SINGAPORE (Apr 11): Financial services provider Allianz says it has invested US$35 million ($45.8 million) in Indonesian ride-hailing platform Go-Jek through its digital investment unit, Allianz X.

M&A

Ho Bee Land investing up to EUR 90 mil to diversify geographically and optimise returns

SINGAPORE (Mar 26): Ho Bee Land, which has property investments and developments in Australia, China and the United Kingdom, is investing up to EUR 90 million ($146.3 million) in cash to diversify geographically and to optimise returns on its available f

Frasers Hospitality invests $250 mil to develop serviced residence in Tokyo

SINGAPORE (Feb 6): Frasers Hospitality, a member of Frasers Property Group, is investing $250 million to develop a new serviced residence in Tokyo’s Ginza district.
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