MENLO PARK: Meta Platforms (META.O) said on Tuesday it acquired Singapore-based artificial intelligence start-up Manus, a developer of general-purpose AI agents, as the social media giant accelerates its massive investments into automating complex business and consumer tasks. While Meta did not disclose financial terms, the Wall Street Journal reported the deal was valued at over…
SYDNEY — Vection Technologies Ltd (ASX:VR1) said on Tuesday it will acquire Hong Kong and Singapore-based digital marketing agency Monogic Limited in a scrip-only deal aimed at accelerating its expansion across the Asia-Pacific region. The acquisition, expected to close by Dec. 31 pending regulatory and shareholder approvals, will see Vection issue up to A$1.6 million…
SINGAPORE: Singapore’s Trek 2000 International Ltd said on Monday its subsidiary has entered a strategic partnership with U.S.-based Aboard AI Inc to co-develop an artificial intelligence-driven solution for aviation safety and fleet management. The system will leverage Trek’s patented high-speed wireless memory technology and Aboard AI’s algorithms to analyse real-time flight data, aiming to identify early…
PERTH: Orthocell Limited, a regenerative medicine company, announced on March 18, 2025, that it has received regulatory approval from Singapore’s Health Sciences Authority (HSA) for its dental membrane product, Striate+. This approval allows the company to begin sales in Singapore, a key market known for its advanced medical treatments and as a gateway to other major ASEAN…
SINGAPORE: EDXM Global (EDXMG), a pioneering digital asset company catering to institutional clients, has officially announced the debut of its state-of-the-art settlement platform. This groundbreaking development introduces a new era in the digital asset domain, offering unparalleled efficiency and reliability in over-the-counter (OTC) transaction settlements. In a landmark event, industry powerhouses GSR and Virtu Financial…
Tech Data, a TD SYNNEX Company, has announced the launch of Tech Data Capital in key Asia Pacific markets. This initiative, which follows successful introductions in North America and Europe, is set to debut in Singapore, Australia, and India, providing tailored financing solutions in collaboration with select financial institutions. The launch of Tech Data Capital…
Singapore-based Mobile-health Network Solutions, commonly known as MNDR, has successfully completed its initial public offering (IPO), marking a new chapter in the company’s expansion. The IPO saw MNDR offering 2.25 million Class A Ordinary Shares to investors at a price of $4.00 each, culminating in a gross total of $9 million before expenses. The newly…
KNAV, a global accounting and advisory firm, has merged with Natarajan & Swaminathan, a distinguished audit firm in Singapore with a 70-year legacy. This strategic merger aims to enhance KNAV’s local operations and broaden its regional influence. Natarajan & Swaminathan is celebrated for its exceptional audit and tax services, and its team’s deep understanding of…
Singapore Post Ltd (SingPost) has concluded its strategic review, initiated in May 2023 with Merrill Lynch (Singapore) Pte. Ltd. (BofA Securities) as the financial advisor. The review aimed to enhance shareholder returns and ensure the Group’s appropriate valuation. Over recent years, SingPost has evolved from a traditional postal service into a technology-driven international logistics enterprise,…
SINGAPORE: Dolphin Design, a company specialized in advanced chip design, will open its new dedicated Edge Computing and AI branch in Singapore. Dolphin Design’s vision is to enable the largest possible AIoT/EDGE IoT semiconductor community to deliver products with ultimate energy efficiency and performance given its mantra “Consume less energy while increasing performance”. Soitec holds…
SYDNEY, AUSTRALIA: GPS Alliance Holdings announced the acquisition of a 65% equity interest in A&S Slabs Pte Ltd (A&S), a company incorporated in Singapore, for a purchase price of S$650,000 from the vendor, JKL Engineering Pte Ltd. The purchase price of S$650,000 is to be funded by the issue of 12,500,000 GPS shares at an…
PARIS: Sanofi announced a €400 million investment over five years to create a unique vaccine production center in Singapore. In partnership with the Singapore Economic Development Board (EDB), the new site will mainly supply the Asian region and complement existing manufacturing capacities in Europe and North America. The investment furthers Sanofi’s commitment to driving the…