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Temasek injects S$21 million into Nium | Asia Asset Management


DealStreetAsia.
The online technology news website says roughly S$20 million came from Temasek unit Ossa Investments, and the balance from another unit, Fullerton Financial, citing Nium’s filings with Singapore’s Accounting and Corporate Regulatory Authority.
“As part of the transaction, Fullerton transferred its entire stake in Nium to Ossa Investments and is no longer a shareholder of the startup,” according to the April 20 report. Ossa Investments now owns a 27% stake in Nium, it adds.
Temasek, which had a S$230 million investment portfolio as of end-March 2020, has been actively investing in Southeast Asian startups in recent years, including Singapore-based ride hailing operator Grab, its Indonesian rival Gojek, and e-commerce company Tokopedia, also from Indonesia. ....

Corporate Regulatory Authority , Temasek Holdings , Ossa Investments , Fullerton Financial , Corporate Regulatory , Southeast Asian , Asia Asset , பெருநிறுவன ஒழுங்குமுறை அதிகாரம் , தேமாஸேக் ஹோல்டிங்ஸ் , ஆஸ முதலீடுகள் , ஃபுல்லர்டன் நிதி , பெருநிறுவன ஒழுங்குமுறை , தென்கிழக்கு ஆசிய , ஆசியா சொத்து ,

Singapore's nightclubs and karaoke outlets in the dark after pilot fails to take off


The Straits Times
Singapore s nightclubs and karaoke outlets in the dark after pilot fails to take off
Operators say they now plan to either pivot temporarily to other businesses or wait it out.ST PHOTOS: CHONG JUN LIANG
Mr Bryan Ong, managing director of Strumm s Holding, which runs Ipanema World Music Bar.ST PHOTO: JASON QUAH
Mr Frank Per, owner of Sing My Song Family Karaoke.ST PHOTO: CHONG JUN LIANG
https://str.sg/JKKb
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Paya Lebar , Singapore General , Caine Poon , Corporate Regulatory Authority , Ministry Of Home Affairs , Singapore Nightlife Business Association , Strumm Holding , Ipanema World Music Bar , Orchard Towers , Home Affairs , Sunday Times , Cash Studio Family Karaoke , Clarke Quay , Cash Studio , Sing My Song Family Karaoke , Frank Per , Sing My Song , Paya Lebar Quarter , Sing My Song Family , Kloud Karaoke , Corporate Regulatory , Tay Eu Yen , Providence Law Asia , சிங்கப்பூர் ஜநரல் , கெய்ன் பூண் , பெருநிறுவன ஒழுங்குமுறை அதிகாரம் ,

Covid-19: Pilots to reopen nightclubs, karaoke outlets put on hold