Investors in the BPO Prime at Bayan Baru had mutually cancelled their plans due to the 'soft market'.
Heliconia Capital Management finds Secretlab’s global branding and significant growth potential attractive for investment.
The deal values Li & Fung's logistics unit at about US$1.4 billion.
The stake has also drawn interest from Chinese tech billionaire Jack Ma’s Alibaba Group Holding.
Temasek will subscribe to secondary shares issued by the Topsoe family, which currently owns 100% of Danish chemicals firm Haldor Topsoe.
Sources say the new strategy will see Khazanah trimming its stakes in non-strategic companies and reducing its physical presence in overseas locations.
The deal will create a group with combined total assets under management of more than S$116 billion.
Binance, a year-old company that has had run-ins with authorities in Japan, Hong Kong and most recently New York, plans to allows users to swap cryptocurrencies into the Singaporean dollar.
Founded by former Silicon Valley entrepreneurs in 2011, Golden Gate Ventures was one of the earliest VC firms to target Southeast Asia’s nascent technology sector.
Mafengwo hopes to use the funds to acquire better tourism resources and products and better monetise its current travel content.
Sovereign funds warn of overstretched valuations and trade-related volatility.
At the same time, Temasek is swooping in on opportunistic purchases with its stake buy in Swiss-based airline caterer Gategroup Holding AG, weeks after an announced move to buy into Hainan Airlines Holding Co Ltd.
SenseTime had closed the series-C fundraising which also attracted investors including Singapore state fund Temasek Holdings (Private) Ltd and Chinese e-commerce company Suning.Com Co Ltd.
This is an increase from US$180 billion in 2016, which saw the fund’s portfolio shrink for the first time in seven years.
Aurum Healthcare Sdn Bhd can provide sterilization services for medical devices and instruments, as well as clean room manufacturing and assembly services.