Singapore-based Meyzer Group was recently recognised at the 70th anniversary of the 1000 Enterprises for Children-In-Need and 1000 Philanthropists Appreciation Event 2022 for the company’s contributions to the Singapore Children’s Society. The event took place on 23 March at PARKROYAL on Beach Road. Chairman of Meyzer Group, Mr Koh Choon Hui and the company’s CEO took to the stage with Guest-of-Honour Mr Teo Chee Hean — the Senior Minister and Coordinating Minister for National Security and Patron of the Programmes. Julian also accepted the Leading Philanthropist certificate on behalf of the Meyzer Group’s founder, Max Goh. Max was recognised as a top patron and ambassador of the Singapore Children’s Society.
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SINGAPORE, March 14, 2022 – OxPay Financial Limited (SGX: TVV) (“OxPay” or the “Company”, and together with its subsidiaries, the “Group”) is pleased to announce that it has partnered TripleA, a cryptocurrency exchange holding a digital payment token license in Singapore, to offer local merchants the option of accepting payments in cryptocurrencies and receive settlement in fiat currencies. This will allow customers to shop and to spend their cryptocurrencies on their favorite brands. The joint service between OxPay and TripleA, targeted for launch first in Singapore between mid-May and June this year, will eventually be rolled out wherever OxPay and TripleA are operating. OxPay currently has a presence in Singapore, Malaysia, Thailand and Indonesia. Founded in 2017 by mobile and payments entrepreneur Eric Barbier, TripleA currently operates in Singapore, with a presence in Hong Kong, the United States, South Africa and Europe. It was awarded its digital payment token license by the Monetary Authority of Singapore in November 2021. With its easy setup, highly competitive exchange rate and no-chargebacks payment system, TripleA helps businesses to boost their revenue by accessing the growing cryptocurrency community. Cryptocurrency is steadily becoming a mode of payment in online purchases, with multinationals like Mastercard, Microsoft,...
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KUALA LUMPUR, MARCH 1 — Kenanga Investment Bank Bhd (KIB), via its wholly-owned unit Kenanga Investors Bhd, is taking up a 25% stake in LYC Healthcare Bhd’s Singapore unit that is considering listing its healthcare business on the Singapore Exchange (SGX). Kenanga Investors inked a conditional sale and purchase agreement on Tuesday with LYC Medicare Sdn Bhd to acquire the stake, which represents 6.53 million shares in LYC Medicare (Singapore) Pte Ltd (LYC SG), for S$12.9 million (equivalent to RM39.9 million), cash. LYC Healthcare will hold the remaining 75% stake in LYC SG post-divestment. KIB is the largest shareholder of LYC Healthcare with a 17.72% stake held via Kenanga Investors (6.46%) and Kenanga Islamic Investors (10.75%), according to Bloomberg data. The second largest is LYC Capital Sdn Bhd with 11.93%. In a statement, LYC Healthcare said the disposal set a pre-money valuation for LYC SG at S$51.67 million (approximately RM159.7 million), which represents an almost doubling of LYC SG’s valuation in less than two years. LYC SG is considering listing its healthcare business on the Catalist Board of the SGX, and ZICO Capital Pte Ltd has been appointed its full sponsor for the proposed listing. “The proposed listing, which is...
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