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SET takes stake in digital investment platform ADDX

The Stock Exchange of Thailand (SET) has invested in ADDX, a Singapore-based digital securities service exchange platform, aiming to expand opportunities for the Thai capital market and glean expertise to support long-term development of the domestic digital asset market.

Thailand , Singapore , Thai , Pakorn-peetathawatchai , Heliconia-capital-management-pte-ltd , Temasek , Thai-digital-exchange , Monetary-authority-of-singapore , Stock-exchange-of-thailand , Tech-pte-ltd , Stock-exchange-of-thailand-pakorn-peetathawatchai , Singapore-exchange

Temasek Defends Green Goals After Backing Singapore Polluters

Temasek Defends Green Goals After Backing Singapore Polluters
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Norway , Blackrock , Nova-scotia , Canada , Indonesia , Singapore , Frankfurt , Brandenburg , Germany , Canadian , Christoph-klein , Hindun-mulaika

Singapore CEO, 28, spends $38 million in a week on 2 luxury homes

Singapore CEO, 28, spends $38 million in a week on 2 luxury homes
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Australia , United-states , Singapore , America , Secretlab-ian-ang , Alaric-choo , Caldecott-hill , Alaric-chu , Ian-ang , Temasek-holdings-pte , Dymon-asia-capital , Botanical-garden

Ian Ang: Singapore CEO, 28, Spends $38 Million In A Week On 2 Luxury Homes

Ian Ang lodged a caveat this week for a S$15 million five-bedroom penthouse.
Highlights
He exercised an option last week to purchase a S$36 million bungalow
He also lodged a caveat this week for a S$15 million 5-bedroom penthouse
The 28-year-old co-founder of Secretlab, a Singapore-based maker of ergonomic chairs for gamers, shelled out S$51 million ($38 million) in just a week on two luxury properties in the city-state.
Ian Ang, who's chief executive of the firm, exercised an option last week to purchase a S$36 million bungalow in the exclusive Caldecott Hill area from Dymon Asia Capital Pte. founding partner Danny Yong, according to the Straits Times newspaper. Both Ang and Yong declined to comment to the newspaper.

Australia , United-states , Botanic-gardens , New-south-wales , Singapore , America , Danny-yong , Alaric-choo , Caldecott-hill , Ian-ang , Temasek-holdings-pte , Dymon-asia-capital

At 28, Singapore CEO Spends $38 Million in a Week on Posh Homes

At 28, Singapore CEO Spends $38 Million in a Week on Posh Homes
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Australia , United-states , Botanic-gardens , New-south-wales , Singapore , America , Danny-yong , Alaric-choo , Caldecott-hill , Ian-ang , Bloomberg , Temasek-holdings-pte

Creditors green light Pacific International Lines' restructuring

Creditors green light Pacific International Lines’ restructuring
February 5, 2021,
by
Jasmina Ovcina
Pacific International Lines has filed an application to the Singapore High Court to seek approval for the company’s proposed restructuring plan.
Under the plan, Singapore’s container shipping major is vying for fresh financing from Heliconia Capital Management Pte, an investment firm owned by Temasek Holdings, and a re-profiling of the company’s debts by way of a scheme of arrangement.
The application comes on the back of the approval of the scheme by the requisite majorities of each class of Scheme Creditors on February 1, 2021.
The company started looking for investors having been faced with considerable financial strain due to the impact of the COVID-19 and market volatility including high bunker prices and oversupply of capacity.

Singapore , Singapore-high-court , Pacific-international-lines , Temasek-holdings , Heliconia-capital-management-pte , Scheme-creditors , சிங்கப்பூர் , சிங்கப்பூர்-உயர்-நீதிமன்றம் , பெஸிஃபிக்-சர்வதேச-கோடுகள் , தேமாஸேக்-ஹோல்டிங்ஸ் , திட்டம்-கடன் வழங்குநர்கள்