Temasek

Careers & Training

Wealth Management Institute at NTU launches new training programmes for bankers

SINGAPORE (Dec 7): Nanyang Technological University (NTU) is helping to develop Singapore’s and Asia’s finance and wealth management industry by deepening Singapore’s talent pool to provide high quality wealth advisory solutions and develop asset ma

Broker's Calls

Winds of change are blowing favourably for this healthcare stock

SINGAPORE (Nov 15): OCBC Investment Research is ceasing coverage on Health Management International (HMI) due to an internal reallocation of its resources.

China's HNA boosts Dufry stake, pursues CWT purchase plan

(Aug 21): Chinese conglomerate HNA Group has completed the acquisition of a 16.2% stake in Swiss airport retailer Dufry AG from Singaporean sovereign funds GIC and Temasek, Dufry and HNA said on Monday.

Cash-strapped SoundCloud gets new funds from Raine, Temasek

FRANKFURT (Aug 16): SoundCloud, the world's most popular streaming music app, but one that has struggled to find a profitable business model, said it received new funding on Friday, insulating it from potentially running out of cash this year.

Tech

SoundCloud close to sale of stakes to Raine, Temasek

LOS ANGELES (Aug 2): SoundCloud Ltd. is close to selling stakes to the Raine Group and Temasek Holdings, deals that would help stabilize the owner of the popular music-streaming service, according to people familiar with the matter.

Temasek's net portfolio value rises 14% to record $275 bil for FY17 ended March

SINGAPORE (July 11): Singapore state investment company Temasek has announced that its net portfolio value for the year ended March rose 14% to $275 billion.

In print this week

Venture debt fills important funding gap, says InnoVen; but it may lower valuations

SINGAPORE (July 3): GuavaPass, the start-up that sells fitness centre subscriptions, is profitable and could probably raise equity from venture capitalists quite easily. But the KFit rival prefers to take on debt. “It is less expensive than equity,” s

IPO

HRnetGroup launches $174.1 mil IPO at 90 cents per share

SINGAPORE (June 8): Local recruitment firm HRnetGroup has lodged a prospectus for an initial public offering (IPO) to raise $174.1 million for 193.4 million shares, at an offer price of 90 cents per share.

Global Markets

Virtu agrees to buy speed-trading rival KCG for US$1.4 bil

NEW YORK (April 21): Virtu Financial Inc. agreed to acquire high-speed trading rival KCG Holdings Inc. for US$1.4 billion ($2 million), tying up two giant market makers as industry profits shrink.

Global Markets

'Recession-proof' student housing attracts Singapore investors

SINGAPORE (April 20): GIC and Mapletree Investments are going back to school.
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