Hock Meng Tay
Stories by Hock Meng Tay
Internet sector to continue to dominate Chinese unicorns, says Credit Suisse
In the next few years, internet may continue to dominate, but AI/Big data and biotech should start to catch up.
Singapore’s Keppel consortium acquires Shanghai building for $690m
The acquisition was done through Keppel Capital Holdings Ltd and Keppel Land China Limited.
Razer curtails losses in 2018 but analysts feel cash burn may continue
Street is discounting the impact of negative cash flow burn rates
Does Reebonz’s latest reverse stock-split exercise matter to investors?
Investors are concerned whether the swings in the stock price are due to a relatively small float or some underlying issue with the overall fundamenta
What to watch for in Razer’s FY 2018 earnings this week
From pain points to potential profitability drivers, here are some of the areas investors and analysts will be watching closely.
Sea Ltd likely to up the cash burn in its e-commerce business
The regional internet major raised $1.5 billion in an upsized ADS offering in the US, leading analysts tracking the stock to expect higher cash calls
Cennerv Pharma files preliminary prospectus for SGX Catalist listing
In September 2018, it had filed a preliminary prospectus to list on the Catalist Board but decided to postpone the eventual offering. The latest fili
Fortress Minerals files preliminary prospectus to list on SGX Catalist Board
The company intends to deploy the IPO proceeds for further development of the Bukit Besi Mine.
Southeast Asian internet firm Sea Ltd may add another $1b to cash pile
The firm is likely to double its cash and cash equivalents to over $2 billion.
StanChart says stake in Indonesia’s Bank Permata ‘no longer core’, hints at exit
Based on Bank Permata's current market cap of $2 billion, StanChart’s stake in the Indonesian lender is worth about $891 million.
