GXS Bank Receives Continued Backing from Grab with US$109 Million Injection
Grab funneled an additional US$109 Million into GXS Bank through its wholly-owned subsidiary As-DB Holdings Pte Ltd.
Source: fintechnews.sg
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Top News In Emtek Group Today - Breaking & Trending Today
South Korea's KakaoBank to buy 10% stake in SingTel, Grab-backed Superbank
-South Korean digital bank KakaoBank Corp said on Tuesday it would buy a 10% stake in Superbank, the Singapore Telecommunications and Grab-backed digital-focussed bank in Indonesia.... -October 09, 2023 at 07:51 pm EDT - MarketScreener
Source: marketscreener.com
South Korea's KakaoBank to buy 10% stake in Singtel, Grab-backed Superbank
The move comes ahead of Superbank’s planned launch of its app to the public this year. Read more at straitstimes.com.
Source: straitstimes.com
KakaoBank to take stake in Indonesia-based Superbank
KakaoBank laid out plans to take a 10 per cent stake in Superbank, a digital-focused financial services company in Indonesia.
Source: mobileworldlive.com
Jmt Auto: NCLT okays Ramkrishna Forgings' bid to acquire Amtek Group arm, ET Auto
The bankruptcy court has approved Ramkrishna Forgings' bid to acquire JMT Auto, a subsidiary of the Amtek Group, through the corporate insolvency resolution process. Ramkrishna Forgings will offer INR 125 crore to acquire JMT Auto, which has admitted financial liabilities of over INR 165 crore. This acquisition is seen as a positive development in the manufacturing sector and may lead to more acquisitions through the Insolvency and Bankruptcy Code (IBC).
Source: indiatimes.com