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It’s already run by a Singaporean group. Transferring it to the US is just a chance for our Social Media conglomerates to part it out and destroy competition.
The CEO is Singaporean but it isn’t run by any Singaporean group.
TikTok Ltd was incorporated in the Cayman Islands and is based in both Singapore and Los Angeles.[11] It owns four entities that are based respectively in the United States, Australia (which also runs the New Zealand business), United Kingdom (also owns subsidiaries in the European Union), and Singapore (owns operations in Southeast Asia and India).
From the Wikipedia. This isn’t hard information to find.
The best part is they get to buy it at a discount, because they know there won’t be any other options.