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Data Vantage: Tazapay, Moladin, Cube Asia and Willowmore secure capital

Updated: 21 February 2023 Singapore-based cross-border payments startup Tazapay alloted shares worth $16.9 million to various investors last week as part of a Series A round. Lead investor Sequoia Southeast Asia contributed $7 million to the round, while RTP Global...

US$120 MILLION FACILITY AGREEMENT EXECUTED

Updated: 3 March 2022 The Board of Stanmore Resources Limited (“Stanmore” or the “Company”) (ASX: SMR) is pleased to announce that it has entered into a definitive facility agreement with the Company as borrower, Virtue Investments Corporation (a subsidiary of Ascend Global Investment Fund SPC (“Ascend Global”) as lender and Ascend Capital Advisors (S) Pte. […]

Golden Energy and Resources leads A$249m bid for Australia-listed Stanmore Coal

Updated: 19 November 2018 SINGAPORE – Singapore-listed Golden Energy and Resources (GEAR) is leading deals worth up to A$249 million (S$250 million) to acquire Australia-listed Stanmore Coal. GEAR is acquiring a 19.9 per cent stake in coking coal-focused Stanmore for A$47.6 million in cash, with plans to eventually transfer that interest to a 51 per […]

Golden Energy and Resources Limited and Asian Distressed Segregated Portfolio managed by Ascend Capital Advisors (S) Pte. Ltd. completed the acquisition of remaining 68.1% stake in Stanmore Coal Limited.

Updated: 19 November 2018 Golden Energy and Resources Limited (SGX:AUE) and Asian Distressed Segregated Portfolio managed by Ascend Capital Advisors (S) Pte. Ltd. (collectively as bidders) made an on-market takeover offer to acquire remaining 68.1% stake in Stanmore Coal Limited (ASX:SMR) for approximately AUD 180 million on April 2, 2020. Bidders will pay AUD 1 […]