News
Malaysia’s Ficus Capital announces $13.58M fund to invest in Malaysia and South East Asia growth startups
Malaysian based venture capital firm Ficus Capital has on last Friday announced its intent to continue investing in Malaysian and South East Asian startups with global growth potentials. With its flagship MYR 60 million ($13.58 million) fund, Ficus SEA, the world’s first shariah compliant venture capitalist is looking for revolutionary, sustainable and…
CGS-CIMB begins offering ADDX’s private market deals to its high-net-worth clients
Securities brokerage CGS-CIMB Singapore has switched on its connection to the private market exchange ADDX, giving all individual accredited investors on its platform access to ADDX’s offerings.
Singapore’s Amber secures $300M Series C investment led by Fenbushi Capital US
Amber Group, a Singapore-based global digital asset company, announced last Friday the completion of a $300 million Series C round led by Fenbushi Capital US. The latest round also saw participation from various other crypto-native investors and family offices.
Ni Hsin partners with SIRIM to set up lithium-ion battery recycling plant
Malaysia-listed Ni Hsin Group Berhad has on Thursday signed a strategic collaboration with SIRIM Berhad to set up a lithium-ion battery recycling plant in Malaysia.
Ni Hsin partners VSD Automation for EV motorcycles distribution
Ni Hsin EV Tech Sdn Bhd (NH EV TECH), a wholly-owned subsidiary of Malaysia-listed Ni Hsin Group Berhad, has on Friday entered into an business partnership agreement (BPA) with VSD Automation Sdn Bhd (VSD) for the distribution and market segmentation of TAILG EBIXON EV motorcycles in the local and international markets.
HKEX rolls out Asia’s first crypto asset ETFs
Hong Kong Exchanges and Clearing Limited (HKEX) has on Friday rolled out Asia’s first crypto asset exchange traded funds (ETFs), further expanding its product ecosystem by offering Hong Kong and international investors even greater choice.
US’s Payoneer gets approval to provide additional payment services in Singapore
Payoneer, the United States-listed payments firm, has received in-principle approval as a Major Payment Institution License holder from the Monetary Authority of Singapore (MAS). The license, once received, will allow Payoneer to offer additional payments services.
Thailand’s Robinhood expands services into supermarket, delivery, transportation and travel
Thailand food delivery app Robinhood is now expanding its services into four key areas including supermarket, delivery, transportation and travel, in line with its plans to become a super-app.
Validus secures first tranche in Series C-1 round from major East Asian strategic investors
Validus, the Singapore-based financing platform, has on Friday announced that it has secured its first tranche of funds in a Series C-1 round with new, key strategic investors NongHyup Financial Group, NorinChukin Bank, Aizawa Asset Management and Lotte F&L Singapore.
