The Business Times
business-time-50

Singapore-sponsored 8i enters into share exchange agreement with Diginex

google-preferred-sourceAdd BT as a preferred source
Genevieve Cua

Genevieve Cua

Published Wed, Jul 10, 2019 · 09:50 PM

    Singapore

    8i Enterprises Acquisition Corp, the first Singapore-sponsored "blank cheque" company listed on Nasdaq, has entered into a share exchange agreement with a Hong Kong-based global blockchain financial services and technology company, Diginex Ltd.

    Upon completion of the transaction, Diginex is expected to have an initial enterprise value of about US$276 million.

    Blockchain

    TRENDING NOW

    Despite the current sell-off, currency strategists view the ringgit’s slide as temporary.

    Singdollar hits 10-month high against ringgit as investors take refuge in traditional safe haven

    Apple’s first foldable iPhone, the iPhone Duo, is the company’s thinnest phone but is thicker than folding phones offered by Chinese rivals.

    Apple joins foldable phone race with US$1,999 passport-shaped iPhone Duo

    DBS says that it will “vigorously resist the claim”.

    DBS ‘categorically rejects’ S$1.3 billion claim by 1MDB-linked entities under liquidation

    Digital tools have made it easier to spot duplicate financing, but detecting fake invoices remains “notoriously difficult”.

    Commodity-finance risks back in focus amid Radiant World scrutiny

    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