Watch two leading Asian SPAC sponsors discuss the future of the asset class
There is “no dearth of good quality assets” even though many SPACs are seeking targets, said Finian Tan of Vickers Venture Partners.
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There is “no dearth of good quality assets” even though many SPACs are seeking targets, said Finian Tan of Vickers Venture Partners.
IT services company Nityo Infotech has invested $100 million in Singapore-based fintech firm MatchMove for a significant equity stake.
Singapura Finance sells stake in Matchmove PowerBank on SG digibank loss MatchMove at the Singapore Fintech Festival. Photo: MatchMove May 25, 2021 Singapore Exchange (SGX)-listed lender Singapura Finance has disposed of all its shares in MatchMove PowerBank, a subsidiary of MatchMove Pay, for $1 million, according to an SGX filing. The shares represented roughly 10% of PowerBank’s share capital. In return, Singapura Finance will receive shares in MatchMove, which increases its shareholding in the firm from 1.6% to 1.9% on a fully diluted basis. The transaction rationale was explained to be...
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