Founder of collapsed Singapore oil trader Zenrock charged over $147m fraud
Singaporean Xie Chun and his co-conspirator were both slapped with four charges to do with cheating, forgery and criminal breach of trust. Read more at straitstimes.com.
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Singaporean Xie Chun and his co-conspirator were both slapped with four charges to do with cheating, forgery and criminal breach of trust. Read more at straitstimes.com.
The agreement with Envysion represents a rare partnership with a fund for Mercuria, one of the world’s biggest oil traders SINGAPORE: Trading house Mercuria and Singapore-based asset manager Envysion Wealth Management have agreed to co-invest in mining and energy projects, as default-hit banks tighten their purse strings and leave commodities firms seeking other funding. The deal will see Mercuria present potential projects for investment to Envysion, founded and led by former Julius Baer banker Veronica Shim. Envysion will then decide whether to participate via a fund with a start-up amoun...
* First batch of investment to be up to $200 mln - Envysion CEO
The move comes as default-hit banks tighten purse strings, leaving commodities firms seeking other funding.. Read more at straitstimes.com.
* First batch of investment to be up to $200 mln - Envysion CEO