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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
December 07, 2017
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.
November 15, 2017
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.
August 21, 2017
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.
August 16, 2017
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.
August 02, 2017
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.
July 11, 2017
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
July 03, 2017
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.
June 08, 2017
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.
April 21, 2017
Global Markets
'Recession-proof' student housing attracts Singapore investors
SINGAPORE (April 20): GIC and Mapletree Investments are going back to school.
April 20, 2017