Vetta

KWIH launches Navale in Shanghai and Sierra in Nanjing, First batch of units fully subscribed on the first launch day

Retrieved on: 
Monday, July 18, 2022
Philosophy, Architecture, GFA, Heart, Transport, Group, K. Wah International, Yangtze Delta, Sale, Growth, Hang Seng Composite Index Series, City, Shenzhen-Hong Kong Stock Connect, National, Mobile phone, Holding company, Property management, Avanti, Point Molate Naval Fuel Depot, Vetta

The first batch of units nearly sold out on the first launch day, and more units of Sierra have subsequently been launched on the market.

Key Points: 
  • The first batch of units nearly sold out on the first launch day, and more units of Sierra have subsequently been launched on the market.
  • The project was unveiled in mid-June, and all units launched on the first day of sales have been subscribed, affirming to the market's confidence in the KWIH brand and the quality of its properties.
  • The project launched three residential blocks since June, in which almost all units were subscribed on the day of launch.
  • The Group will seize market opportunities to further launch units at projects in Eastern China that have commenced sales activities.

Singapore FinTech STACS Partners CSOP Asset Management as Blockchain Platform Provider for OTC Derivatives Trade Processing

Retrieved on: 
Wednesday, February 9, 2022
Professional Services, Data Management, Technology, Finance, Networks, Banking, Nexus, Singapore FinTech Festival, Digital security, Industry, CSOP, Risk management, OTC, MAS, DLT, Distributed ledger, Monetary Authority of Singapore, Algorithm, ETF, BNP Paribas, Association, Climate, Union Bank, Singapore Exchange, Blockchain, Technology, Mastercard, ESG, POC, UOB, STACS, Adoption, Finance, Money, Union Bank of Colombo, Investment Management Association, Financial technology, OCBC Bank, Ecosystem, Vetta, Partnership, UBS, Machine learning, Digital, Cryptocurrency, Asset management, Asset, Social, STACS, CSOP Asset Management Pte. Ltd. (CSOP), STACS, CSOP ASSET MANAGEMENT PTE. LTD. (CSOP)

Ltd. (CSOP) and leading Singapore FinTech firm, Hashstacs Pte Ltd (STACS) today announced the completion of their Over-the-Counter (OTC) Derivatives Trade Processing prototype, built by STACS on its Distributed Ledger Technology (DLT')-based platform, Vetta.

Key Points: 
  • Ltd. (CSOP) and leading Singapore FinTech firm, Hashstacs Pte Ltd (STACS) today announced the completion of their Over-the-Counter (OTC) Derivatives Trade Processing prototype, built by STACS on its Distributed Ledger Technology (DLT')-based platform, Vetta.
  • This is part of the long-term collaboration between STACS and CSOP to deploy a live solution for efficient OTC trade processing across different asset classes.
  • The platform aims to eliminate and streamline bespoke trade matching parameters and resolve trade exceptions in real-time.
  • Benjamin Soh, Managing Director at STACS, said: We are thrilled to be part of this collaboration with CSOP Asset Management to deliver a cutting-edge live functional platform for efficient OTC Derivatives Trade Processing via distributed ledger technology.