Ginkgo Bioworks Expects To Meet FY23 Revenue Guidance Ranges

Ginkgo Bioworks (DNA), which is building the leading platform for cell programming and biosecurity, announced Thursday the acquisition of microbial innovation firm AgBiome, Inc.'s platform assets, including over 115,000 fully sequenced and isolated strains, over 500 million unique gene sequences, and relevant functional data and metadata, as well as AgBiome's development pipeline.

Israeli-based foodtech company Imagindairy and Ginkgo Bioworks (DNA) announced Tuesday a new partnership with the aim to deliver a global solution for animal-free non-whey dairy protein production in a highly cost-effective manner.

Brazilian agricultural biologicals company Agrivalle announced Friday a new partnership with Ginkgo Bioworks (DNA), which is building the leading platform for cell programming and biosecurity.

Infant nutrition company NAMUH and Ginkgo Bioworks Holdings, Inc. (DNA) announced Wednesday a multi-product collaboration to develop functional oligosaccharides that are structurally identical to those found in human breast milk.

Ginkgo Bioworks (DNA), the leading horizontal platform for cell programming, announced Tuesday the tuck-in acquisition of Circularis, a biotechnology company with a proprietary circular RNA and promoter screening platform.

Cell programming firm Ginkgo Bioworks Holdings, Inc. (DNA) and biotechnology company Zymergen, Inc. (ZY) announced Monday they have entered into a definitive agreement under which Ginkgo will acquire Zymergen in an all-stock transaction that values Zymergen at an approximately $300 million market capitalization.

The Singapore stock market has tracked lower in three straight sessions, slipping almost 50 points or 1.2 percent along the way. The Straits Times Index now sits just above the 4,500-point plateau and it's expected to open in the red again on Tuesday. The global forecast for the Asian markets is flat to lower ahead of the FOMC meeting later this week. The European markets were mixed and little changed and the U.S. bourses were soft and the Asian markets figure to split the difference. The STI finished modestly lower on Monday following losses from the financial shares, property stocks and industrial issues. For the day, the index shed 24.28 points or 0.54 percent to finish at 4,507.08 after trading between 4,502.88 and 4,534.44. Among the actives, CapitaLand Ascendas REIT slumped 0.72 percent, while CapitaLand Integrated Commercial Trust plunged 1.72 percent, City Developments declined 0.96 percent, Comfort DelGro surrendered 1.39 percent, DBS Group fell 0.35 percent, DFI Retail Group plummeted 2.20 percent, Hongkong Land and SembCorp Industries both tanked 1.50 percent, Keppel DC REIT and SingTel both lost 0.44 percent, Keppel Ltd stumbled 1.27 percent, Mapletree Pan Asia Commercial Trust and UOL Group both skidded 0.70 percent, Mapletree Industrial Trust sank 0.49 percent, Oversea-Chinese Banking Corporation retreated 1.00 percent, SATS dropped 0.58 percent, Seatrium Limited shed 0.47 percent, Singapore Technologies Engineering added 0.24 percent, United Overseas Bank slipped 0.23 percent, Venture Corporation climbed 1.14 percent, Yangzijiang Shipbuilding tumbled 1.17 percent and Wilmar International, Yangzijiang Financial, Genting Singapore, Thai Beverage, CapitaLand Investment, Mapletree Logistics Trust and Frasers Centrepoint Trust were unchanged.

The Malaysia stock market has moved lower in four straight sessions, sinking more than 15 points or 0.9 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,610-point plateau and it may take further damage again on Tuesday. The global forecast for the Asian markets is flat to lower ahead of the FOMC meeting later this week. The European markets were mixed and little changed and the U.S. bourses were soft and the Asian markets figure to split the difference. The KLCI finished slightly lower on Monday following losses from the financials, industrials and plantations, while the telecoms were mixed. For the day, the index slipped 3.74 points or 0.23 percent to finish at 1,612.78 after trading between 1,601.50 and 1,616.49. Among the actives, 99 Speed Mart Retail fell 0.57 percent, while AMMB Holdings slid 0.49 percent, while Axiata surged 3.17 percent, Celcomdigi shed 0.61 percent, CIMB Group eased 0.13 percent, Gamuda and SD Guthrie both dropped 0.76 percent, IHH Healthcare jumped 1.31 percent, IOI Corporation plunged 2.19 percent, Kuala Lumpur Kepong retreated 1.36 percent, Maxis spiked 1.86 percent, Maybank lost 0.59 percent, MISC and YTL Corporation both tanked 1.88 percent, Nestle Malaysia gained 0.45 percent, Petronas Chemicals plummeted 3.40 percent, Petronas Dagangan sank 0.62 percent, Petronas Gas declined 1.28 percent, PPB Group tumbled 1.57 percent, Press Metal rallied 1.19 percent, Public Bank slipped 0.46 percent, QL Resources skidded 0.99 percent, RHB Bank contracted 0.82 percent, Sime Darby slumped 1.05 percent, Sunway soared 2.76 percent, Telekom Malaysia rose 0.13 percent, Tenaga Nasional added 0.47 percent, YTL Power stumbled 1.82 percent and MRDIY and Hong Leong Bank were unchanged.