The Business Times
business-time-50

Validus licensed to deal in securities in Singapore

Published Mon, Dec 11, 2017 · 09:50 PM

    Singapore

    VALIDUS Capital announced on Monday that it has been awarded a full Capital Markets Services (CMS) licence by the Monetary Authority of Singapore (MAS), to deal in securities - a move that may give Singapore's small and medium enterprises (SMEs) more access to financing opportunities.

    Peer-to-peer (P2P) lending platform Validus, backed by Temasek Holdings' venture capital arm Vertex, was founded in 2015 with a focus on helping SMEs secure short- and medium-term financing from investors through its curated financing marketplace.

    TRENDING NOW

    The court has struck down a clause giving the trust’s protectors the final say on resolving conflicts, which could have wider ramifications for the trust industry.

    High Court rules against Julius Baer’s Singapore trust arm in US$50 million family trust dispute

    The Indonesia Stock Exchange on Oct 16. MSCI's proposal comes as the country faces sustained foreign-investor selling and concerns over its stock market’s transparency.

    MSCI proposes standalone status for Indonesia; Jakarta stocks plunge 8%

    Malaysian Chinese bag-maker Liew Bin now sees value in protectionist measures as low-cost competition from China threatens Malaysian small and medium-sized enterprises.

    Once staunchly pro-China, Malaysian Chinese businesses are now distancing themselves from Beijing

    Malayan Flour Mills executive deputy chairman and managing director Teh Wee Chye constantly pursues diversification, recognising that even defensive food businesses remain vulnerable to global events.

    No chicken feed: How Malayan Flour Mills built an empire from flour to fowl

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More