Welcome!
Temasek Holdings (Temasek)
Property
Temasek-Khazanah JV to sell Andaz Singapore for $475 mil
KUALA LUMPUR (Oct 9): M+S, a 60:40 joint venture between Khazanah Nasional and Temasek Holdings, is selling its wholly-owned subsidiary, Ophir-Rochor Hotel (ORH), to property developer Hoi Hup Realty for $475 million (RM1.44 billion) or $1.39 million per
October 09, 2019
Startups, Entrepreneurs, Digital economy
Trendlines receives conditional commitments of up to $30.3 mil to drive expansion strategy
SINGAPORE (Sept 24): Trendlines Group is set to receive conditional commitments of up to US$22 million ($30.3 million) for its new Singapore-based venture fund, Trendlines Agrifood.
September 24, 2019
Funds
Temasek's Vertex closes record US$305 million Southeast Asian fund
SINGAPORE (Sept 19): Vertex Venture Holdings Ltd., a unit of Singapore’s Temasek Holdings Pte, has closed its fourth Southeast Asia and India fund at a record US$305 million ($420.4 million)
September 19, 2019
Startups, Entrepreneurs, Digital economy
Palantir said to seek funding on private market, delay IPO
(Sept 6): Palantir Technologies Inc is in talks to raise significant funding from private investors, a move that could indefinitely delay one of Silicon Valley’s most hotly anticipated initial public offerings, according to people familiar with the comp
September 06, 2019
Sovereign wealth funds
Temasek sells stakes in Thai telco Intouch for $701 mil
(Aug 15): Units of Singapore's sovereign fund Temasek -- Aspen Holdings and Anderton Investments -- launched an overnight block trade on Wednesday for 15.6 billion baht ($701 million) or 8.02% of its stakes in Thai telco company Intouch Holdings, acco
August 15, 2019
Singapore economy
China's Centurium Capital raises over $2.7 bil from GIC, Temasek, others
HONG KONG (July 3): China's Centurium Capital, a big backer of domestic startup Luckin Coffee, said it has raised more than US$2 billion ($2.7 billion) in its debut fund, giving the private equity firm more firepower to cut deals involving the world&#
July 03, 2019
Corporate moves
Goldman ex-chief China economist Tang is poised to join Temasek
SINGAPORE (June 17): Goldman Sachs Group Inc’s former chief China economist MK Tang will join Temasek Holdings after almost seven years at the US bank, according to people familiar with the matter.
June 17, 2019
Property
Mapletree eyes $10 bil of deals a year as more funds planned
SINGAPORE (June 17): Mapletree Investments may strike up to $10 billion of deals annually buying and selling properties as it seeks to set up more private funds over the next five years.
June 17, 2019
Temasek-linked Astrea V private equity bond to satisfy investors' yearning for yield
SINGAPORE (June 17): With a subscription rate of 7.4 times, the private-equity bond fund issued by Temasek Holdings’ PE vehicle Astrea IV last year was popular with yield-seeking investors in Singapore.
June 14, 2019
Malaysia
Malaysia's markets set for rebound, ex-CIMB chief Nazir says
(May 2): Malaysia’s stock market and currency are set for a rebound from their slump following the elections almost a year ago, said Nazir Razak, former chairman of Malaysia’s second-largest bank.
May 02, 2019