@StarLuck:$NIO Inc.(NIO)$$NIO-SW(09866)$Nio receives eligibility to list from SGX for secondary listing[Observation] [Observation] China-based electric car maker Nio has on May 5 received its eligibility to list from the Singapore Exchange for a secondary listing.An introductory document relating to the proposed secondary listing by way of introduction is slated to be issued by end of this month.Upon listing on the SGX, the shares will be fully fungible with the ADSs listed on the NYSE, where it is already listed.Nio, which positions itself as a “premium” EV maker, has also been listed in Hong Kong since March.The company, founded in 2014, was joining two other China-based electric car makers Xpeng and Li

@StarLuck:$Grab Holdings(GRAB)$$SINGTEL(Z74.SI)$Grab-Singtel and $Sea Ltd(SE)$Sea Group consortia bag Malaysia digital bank licencesTWO Singapore-based consortia are among the 5 winners of Malaysia’s digital bank licences announced by Bank Negara Malaysia on Friday (Apr 29) – a consortium led by GXS Bank and Kuok Brothers, and another led by Sea Limited and YTL Digital Capital.GXS Bank is a Grab-Singtel joint venture, and the New York Stock Exchange-listed Sea Limited is the parent company of e-commerce platform Shopee. Both companies secured Singapore digital bank licences in 2020.Before Malaysia's central bank unveiled the winners, these two consortia were already regard