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Behind the scenes of Synagistics’ historic de-SPAC listingWhen Synagistics decided to pursue a Hong Kong de-SPAC transaction, it marked a historic milestone not only for the company but for the city’s de-SPAC regime. As the first de-SPAC there, Synagistics’ listing offers valuable insights for startups considering a similar journey and underscores the uniqueness of Hong Kong’s de-SPAC framework. For Synagistics, its de-SPAC last...0 Comments 0 Shares 31 Views 0 Reviews
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Why leadership and talent are your trump cards in Asia’s data center industryThe booming Asia-Pacific data center industry is projected to grow at a CAGR of 13.08 percent through 2030, driven by hyperscalers from the West investing billions in artificial intelligence (AI) and cloud infrastructure. Yet, this rapid growth brings its own set of challenges, and the competition is intensifying – not only for real estate and data capacity, but also for crucial technical...0 Comments 0 Shares 30 Views 0 Reviews
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Endowus expands credit offerings with global alternative investment manager Man GroupEndowus, the Singapore-based wealth management platform, has partnered with the global alternative investment management firm Man Group to bring their credit offerings to clients in Hong Kong and Singapore. Endowus said in a statement on Wednesday that through this partnership, the firm will provide access to Man Group’s differentiated solutions under its premier global credit platform,...0 Comments 0 Shares 31 Views 0 Reviews
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Qualcomm expands generative AI capabilities with acquisition of VinAI divisionThe United States-based chipmaker Qualcomm has on Wednesday announced the acquisition of MovianAI Artificial Intelligence (AI) Application and Research JSC (MovianAI), the former generative AI division of VinAI Application and Research JSC (VinAI) and a part of the Vingroup ecosystem. Qualcomm said in a statement that combining VinAI’s advanced generative AI research and development...0 Comments 0 Shares 37 Views 0 Reviews
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Singapore’s GLP launches $358M AUM maiden data center fund in ChinaGLP, a Singapore-based global thematic business builder and investment manager, has on Tuesday launched maiden data center fund in China with asset under management (AUM) of RMB 2.6 billion ($358 million). The firm announced in a statement the closing of its first digital infrastructure focused strategy – GLP China IDC Income Fund I. The capital raise was backed by a group of top tier...0 Comments 0 Shares 48 Views 0 Reviews
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Grab gets license to operate taxis in SingaporeSoutheast Asia’s superapp Grab has obtained the Land Transport Authority (LTA) license to operate taxis in Singapore. LTA said in a statement on Wednesday that it has awarded a street-hail service operator license (SSOL) to GrabCab Pte Ltd (GrabCab), a subsidiary of Grab Rentals Pte Ltd, and sister company of GrabCar Pte Ltd, which holds a ride-hail service operator license (RSOL) and a...0 Comments 0 Shares 43 Views 0 Reviews
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StarHub, Nokia, Dell Technologies complete Southeast Asia’s first 5G cloud RAN trialSingaporean telecommunications company StarHub has successfully trialed Southeast Asia’s first 5G Cloud Radio Access Network (RAN) in collaboration with Finnish telecommunications firm Nokia and American technology group Dell Technologies. Nokia said in a statement on Wednesday that the cloud-based platform will enable StarHub to deliver new services to its enterprise customers and build...0 Comments 0 Shares 56 Views 0 Reviews
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Crypto.com partners with Sony Electronics for direct crypto payment in SingaporeSingapore-based cryptocurrency exchange company Crypto.com and electronic equipment firm Sony Electronics (Singapore) Pte. Ltd. (SES) have on Wednesday announced the acceptance of USDC, a U.S. dollar-pegged stablecoin, exclusively on Sony Store Online in a move to make direct crypto payment accessible to SES’ consumers. The duo said in a statement that the integration of cryptocurrency...0 Comments 0 Shares 92 Views 0 Reviews
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