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Thursday, October 17, 2019

Tag: Temasek

Penang building outsourcing centre of its own after S’pore firms pull...

Investors in the BPO Prime at Bayan Baru had mutually cancelled their plans due to the 'soft market'.

Temasek unit buys stake in chair maker for gamers

Heliconia Capital Management finds Secretlab’s global branding and significant growth potential attractive for investment.  

Temasek buys US$300 million stake in Li & Fung’s logistics unit

The deal values Li & Fung's logistics unit at about US$1.4 billion.

Tencent mulls bid for US$3 billion AS Watson stake

The stake has also drawn interest from Chinese tech billionaire Jack Ma’s Alibaba Group Holding.

Temasek agrees to acquire 30% stake in Danish firm

Temasek will subscribe to secondary shares issued by the Topsoe family, which currently owns 100% of Danish chemicals firm Haldor Topsoe.

More cash, less control: New mantra for Khazanah

Sources say the new strategy will see Khazanah trimming its stakes in non-strategic companies and reducing its physical presence in overseas locations.

Temasek to sell real estate group to Capitaland for S$11 billion

The deal will create a group with combined total assets under management of more than S$116 billion.

Temasek’s Vertex invests in Binance to expand in Singapore

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.

Temasek, Naver join Golden Gate’s new US$100 million startup fund

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.

Temasek-backed Chinese travel site aims to raise up to US$300 million

Mafengwo hopes to use the funds to acquire better tourism resources and products and better monetise its current travel content.

Sovereign investors sound market alarm

Sovereign funds warn of overstretched valuations and trade-related volatility.

Singapore’s Temasek set to report record portfolio; tech deals in focus

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.

China’s SenseTime closes US$600 million funding led by Alibaba

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.

Singapore’s Temasek portfolio jumps to record US$197 billion

This is an increase from US$180 billion in 2016, which saw the fund’s portfolio shrink for the first time in seven years.

Temasek subsidiary acquires M’sian healthcare firm

Aurum Healthcare Sdn Bhd can provide sterilization services for medical devices and instruments, as well as clean room manufacturing and assembly services.