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SINGAPORE (May 13): “I have waited my entire career to trade a stock like this, and to open an IPO like Uber.” — Pete Giacchi, senior trader at Citadel Securities. Uber is set to start trading on May 10.
May 13, 2019
Startups, Entrepreneurs, Digital economy
VC firm Jungle Ventures raises US$175 mil from investors including Temasek
(Apr 30): Singapore’s Jungle Ventures has raised US$175 million ($238 million) from investors including Temasek Holdings for the first close of its third fund, according to people familiar with the matter.
April 30, 2019
Commentary
Why CapitaLand's purchase of Ascendas-Singbridge isn't fair to minorities, and what can be done about it
SINGAPORE (April 8): CapitaLand has made a convincing case for why its proposed acquisition of the Ascendas-Singbridge group from Temasek Holdings is in its long-term interest. But it hasn’t demonstrated that its minority investors are being treated fai
April 07, 2019
Property
CapitaLand Commercial Trust said to pursue $1.5 bil Duo office tower
SINGAPORE (Mar 20): CapitaLand Commercial Trust (CCT), Singapore’s biggest office landlord, is among suitors in talks about a potential acquisition of the Duo office and retail development in the city, people with knowledge of the matter said.
March 20, 2019
Company in the news
SingPost seen likely to sell, shut US e-commerce unit: analysts
SINGAPORE (Mar 13): Singapore Post is likely to wind down or sell its loss-making US e-commerce business after conducting a strategic review of the unit, according to a Bloomberg survey.
March 13, 2019
Startups, Entrepreneurs, Digital economy
Temasek's ST Telemedia starts AI startup to serve Asian firms
SINGAPORE (Mar 11): ST Telemedia, a unit of Singapore state investment firm Temasek Holdings, has set up a startup to help Asian companies adopt artificial intelligence and cloud technologies, in line with the city-state’s ambitions to transform the eco
March 11, 2019
In print this week
How CapitaLand's latest acquisition could implicate our nation's coffers
SINGAPORE (Jan 18): CapitaLand’s acquisition of two subsidiaries of Ascendas-Singbridge (ASB) is a pretty sweet deal for Temasek.
January 18, 2019
M&A
CapitaLand and Ascendas-Singbridge in $11 bil deal to create Asia’s largest diversified real estate group
SINGAPORE (Jan 14): CapitaLand is acquiring all the shares in two subsidiaries of Ascendas-Singbridge (ASB) from Temasek to create the largest diversified property group in Asia.
January 14, 2019
Commentary
Why is Temasek selling Watsons? It's elementary
(Jan 9): Private equity firms in Asia, which are sitting on plenty of dry powder, can look to a fresh target in the world’s largest health and beauty retailer. They may get a bargain.
January 09, 2019
M&A
Temasek said to explore options for stake in A.S. Watson
HONG KONG (Jan 8): Singapore state investment firm Temasek Holdings is exploring options for its stake in global retailer A.S. Watson Group, including a partial sale, people with knowledge of the matter said.
January 08, 2019