Superapp GoTo files to raise at least US$1.1B In Indonesia IPO
Defying global market turmoil, superapp GoTo has filed to raise at least US$1.1 billion, in an IPO on the Indonesia Stock Exchange.
Alibaba
F J Benjamin enters deal for Lazada to operate its LazMall stores
F J Benjamin entered a deal for Lazada Singapore to operate its LazMall stores and some of its online stores, and provide technical support.
UPDATE: Singapore stocks to watch Friday: SPH, Keppel, SGX, CapitaLand, KORE, Olam, Valuetronics
These are Singapore companies which may be in focus on Friday, 18 October 2019: SPH, Keppel, SGX CapitaLand, KORE, Olam and Valuetronics.
UPDATE: Singapore stocks to watch Monday: UOB, Lendlease Global REIT, Temasek, Keppel, CityDev, ST Eng
These are companies which may be in focus in Singapore on Monday, 14 October 2019: UOB, Lendlease Global Commercial REIT, Temasek, Keppel and Synagie.
Synagie to manage brand stores for Lazada in Southeast Asia
Synagie said Tuesday it entered a deal to manage and operate brand stores for Lazada on the online retailer’s marketplaces in Southeast Asia.
Temasek portfolio likely shrank in fiscal year
Singapore state-owned investment company Temasek Holdings’ portfolio likely walked back some of fiscal 2018’s surge to a record high of S$308 billion.
UPDATE: Lazada’s online grocery store Redmart says delivery glitches have been fixed
Singapore-based online grocery store Redmart said on Friday that the glitches which caused items to go missing from its delivery orders have been fixed. “Some…
Singapore stocks to watch Friday: Thai Beverage, Wilmar, Redmart, Creative, Hong Leong Asia
These are Singapore shares and companies which may be in focus on Friday, 4 January 2019: Thai Beverage Thai Beverage said on Thursday that it…
SingPost’s 4PX share issuance to Alibaba-tied company a positive: Nomura
Singapore Post’s announcement that its 20.14 percent effective stake in associate 4PX would be diluted by the issuance of additional shares to existing shareholder, Alibaba-tied…
SingPost to dilute stake in 4PX with share issuance to Alibaba-tied company
Singapore Post said on Wednesday that its associated company Shenzhen 4PX Information and Technology agreed to issue new shares to existing shareholder, Alibaba-tied Zhejiang Cainiao…