{
Whampoa Group

Companies

}
001122334455554433221100
001122334455554433221100

ingapore gulf bank plans funding round and stablecoin firm acquisition

Singapore Gulf Bank is aiming to raise at least $50 million in a funding round and plans to acquire a stablecoin payments firm next year. The bank, established by the Whampoa Group and licensed in Bahrain since February, is negotiating with a Middle East sovereign wealth fund and other investors to sell an equity stake of less than 10% by early 2025.
bloomberg.com
Bahraini Dinar Singapore Gulf Bank Whampoa Group BHR SGP
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08:09 25.11.2024
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