In today’s briefing:
- VRG Leads Rubber Growth Across Laos Plantation Heartlands
- Kyberlife lands US$3M to scale regional healthcare marketplace | e27
- REIT Watch – S-REITs’ yields remain compelling for defensive investors amid market volatility
- Surge in Director Acquisitions and Share Buybacks
- Flagright clinches US$4.3M to bolster AI-native anti-money laundering solutions | e27

VRG Leads Rubber Growth Across Laos Plantation Heartlands
- VRG’s Lao division scripts US$14.85 million in profit in 2024
- VRG’s rubber output in Laos touches 34,592 tons in 2024
- Prime Minister asks VRG to start tire units in Laos
Kyberlife lands US$3M to scale regional healthcare marketplace | e27
- The Kyberlife team Kyberlife, a Singapore-based B2B healthcare e-commerce platform, has announced closing a US$3 million investment round.
- The funding was spearheaded by local VC firm 5I Ventures, with participation from East Ventures, A2D Ventures, and NUS Alumni Ventures.
- The newly secured funding will fuel Kyberlife’s next phase of regional growth, focusing on several key initiatives: Expansion into Indonesia: Kyberlife aims to onboard Indonesian vendors onto its platform, offering them cross-border business growth opportunities.
REIT Watch – S-REITs’ yields remain compelling for defensive investors amid market volatility
- Retail investors net bought S$92.5 million in S-REITs from April 7 to 10, indicating yield hunting behavior.
- Institutional investors recorded net outflows of S$42.7 million in S-REITs, with MLT and CICT experiencing significant outflows.
- NikkoAM-StraitsTrading Asia ex Japan REIT ETF and Lion-Phillip S-REIT ETF saw S$25 million combined net inflows.
Surge in Director Acquisitions and Share Buybacks
- Institutions were net sellers of Singapore stocks with a S$445 million outflow, totaling S$1.99 billion in 2025.
- 32 companies conducted share buybacks worth S$205 million, led by DBS Group Holdings with 3 million shares.
- Directors and substantial shareholders filed 28 acquisitions and one disposal, with significant transactions in Wilmar International and Frencken Group.
Flagright clinches US$4.3M to bolster AI-native anti-money laundering solutions | e27
- Singapore-based Flagright, an AI-native anti-money laundering (AML) compliance and risk management platform, has announced a US$4.3 million seed funding round.
- The investment was led by Frontline Ventures, with significant participation from existing investors including Y Combinator, Pioneer Fund, and Moonfire Ventures.
- Rubin Ritter (ex-co-CEO of Zalando), André Silva (ex-Global Head of Expansion at Revolut), Phillip Chambers (CEO of Orbex), Ahmed Badr (COO of GoCardless), Teng Sherng Lim (ex-CCO of Advance.
