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Category: Singapore

Ontario Teachers buys into Warburg Pincus-backed Princeton Digital amid new investment from private equity major

The Ontario Teachers Pension Plan has agreed to lead a $360m investment in Singapore-based data centre business Princeton Digital Group, which includes capital from existing backer Warburg Pincus.

Pangolin to launch a fund that bets on aviation recovery

Opalesque Industry Update - Pangolin Investment Management has recruited Mohshin Aziz, who has spent the past decade as transport analyst with Maybank-Kim Eng in Kuala Lumpur. Before that, he spent six years as head of

Summa Equity acquires Singapore-based Sengenics

The Swedish firm aims to expand the precision medicine company’s activities globally

UOB turns to Aussie dollars for latest bond

Singapore’s United Overseas Bank issue a A$500m ($362.2m) bond in Australia on Friday, as a lack of financial paper in the market drove investor demand.

Sea rides on ADS rally for $2bn equity raise

Singapore-based consumer internet company Sea, whose New York-listed shares have soared by more than 400% this year, is looking to take advantage of that positive sentiment to raise around $2bn from a new equity offering.

SoftBank, General Atlantic-backed Greensill seeks fresh cash

Supply chain finance company says business is booming, but it also faces client defaults, regulatory scrutiny and loosening ties from partner firms

Singapore’s GIC, TPG to invest $1bn in Reliance Retail

Last week, Abu Dhabi-based sovereign investor Mubadala Investment agreed to invest over $800m for a stake in Reliance Retail

Canada pension giant looks to accelerate Asia dealmaking with new Singapore office

The $204bn-managing Ontario Teachers' Pension Plan has expanded its Asian investment potential with the launch of its new Singapore office.

SoftBank carries on its divestiture spree and sells Brightstar to a PE firm

The Japanese tech-investment conglomerate sold the US-based wireless services unit to Brightstar Capital Partners, a private equity firm founded by a former Brightstar executive

TPG backs S$2.7bn Aviva Singapore buyout, merger with Singapore Life

Private equity major TPG has taken part in a S$2.7bn ($2bn) buyout of insurance giant Aviva's Singapore business.

Carlyle, Softbank told to wait in line to make Reliance Retail investment amid continued huge demand – report

Investment giants Carlyle and Softbank have been told to wait in line after attempting to become the latest major investors in the retail business of India's Reliance Industries.

Nvidia to buy SoftBank chip unit

The Japanese technology conglomerate is nearing another big asset sale — of Arm Holdings to Nvidia — that would create a chip-industry powerhouse

Helios Investment Partner bets on emerging markets payments by leading Thunes investment

Singapore-based FinTech startup Thunes has secured $60m in a Series B funding round led by Helios Investment Partners.

UOB nets tight $600m tier two bond

Singapore’s United Overseas Bank has bagged the lowest yield globally for a Basel-III compliant tier two dollar bond, breaking the record set by its peer Oversea-Chinese Banking Corp just last week.

KKR, TPG pump $220m into Singapore-based app PropertyGuru

The property technology company said it plans to expand operations in Singapore, Malaysia, Vietnam, Thailand and Indonesia

Privium opens Singapore office

Opalesque Industry Update - In line with its current business activities and ambition to expand further as a global player, Privium is proud to announce that from September 1st this year it will open an

TCF Backs Cathay’s IOP Add-On

Innovative Office Products, a portfolio company of Cathay Capital Private Equity, has acquired SiS Ergo with backing from TCF Capital Funding. TCF provided just over $80 million of secured financing and was the sole lead

STIC Investment, SoftBank Korea et al. acquire Systran

Several South Korean investors, including STIC Investments and SoftBank Korea, have invested in translation technology company Systran.

SoftBank starts comeback with $12bn profit

Tech investor unloads assets to bolster balance sheet after suffering its worst year, and CEO says it may sell chip designer Arm

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