Page 2 - David Sin News Today : Breaking News, Live Updates & Top Stories | Vimarsana

SINGAPORE - The private equity specialist credited with transforming Singapore-based Fullerton Healthcare Corp (FHC) into an Asia-Pacific healthcare management firm is embroiled in a legal spat with his two partners in relation to its potential billion-dollar equity sale. Mr David Sin, a co-founder, group president and executive director of FHC, is suing co-founders and minority shareholders Michael Tan and Daniel Chan, two former Parkway doctors. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive...

HONG KONG (BLOOMBERG) - A raft of funds and financiers in Asia is leveraging their deal-sourcing capabilities and understanding of US capital markets to jump on one of the hottest bandwagons on Wall Street - special-purpose acquisition companies or SPACs. Among them are former Deutsche Bank and Lehman Brothers banker Joaquin Rodriguez Torres, who is now talking with more than a dozen companies in the region for his SPAC Poema Global Holdings that just raised US$345 million (S$458.6 million). Others diving into the action include LVMH-backed L Catterton's Asia unit, Hong Kong tycoon Richard Li...

Analysis: New blank-check firms arm up for Asian unicorn hunt A new fundraising frenzy that swept Wall Street this year looks set to take hold in Asia with more than a dozen special purpose acquisition companies, or SPACs, on the hunt for fast-growing technology firms that are ready to go public. SPACs are exchange-listed shell companies that raise money through initial public offerings (IPOs) and merge with firms by enticing them with shorter listing timelines. Such structures have raised a record total of more than $70 billion in the United States this year, making them one of the hottest W...

SPAC trend poised to take hold in Asia as unicorns weigh new exit routes Photo by ���� Claudio Schwarz | @purzlbaum on Unsplash Premium A new fundraising frenzy that swept Wall Street this year looks set to take hold in Asia with more than a dozen special purpose acquisition companies, or SPACs, on the hunt for fast-growing technology firms that are ready to go public. Continue reading this story with a subscription to DealStreetAsia. Contact us for corporate subscriptions at subs@dealstreetasia.com. Sign up for our newsletter - The Daily Brief Opt...

4 Models stand beside Grab cars during the launch of the ride hailing-firm's services in the country, in Phnom Penh on Dec 19, 2017. (AFP file photo) SINGAPORE/HONG KONG: A new fundraising frenzy that swept Wall Street this year looks set to take hold in Asia with more than a dozen special purpose acquisition companies, or SPACs, on the hunt for fast-growing technology firms that are ready to go public. SPACs are exchange-listed shell companies that raise money through initial public offerings (IPOs) and merge with firms by enticing them with shorter listing timelines...