Being listed on Nasdaq is no surefire recipe for continued success, as MoneyHero and MaNaDr show
NASDAQ-LISTED Singapore companies have been in the news recently for all the wrong reasons.
The recent offer made by financial comparison platform MoneyHero for rival MoneySmart came as a surprise to everyone – including MoneySmart.
MoneySmart’s founder and chief executive officer Vinod Nair said the offer was “unsolicited”, and the company followed that up with its own statement, rejecting it.