Singapore-listed SATS has entered into a conditional share sale agreement with Malaysia Airlines to acquire a 10 percent stake in Evergreen Sky Catering Corporation (ESCC) for RM100 million (about US$22.3 million).
Japanese-listed corporate Outsource Inc has acquired the full stake in German temporary work recruitment agency Orizon Holdings for US$85.2 million.
Warburg Pincus-backed integrated business park and suburban office operator - D&J Industrial Property Investment Ltd has launched a RMB10 billion (about US$1.45 billion) fund with AVIC Trust to invest in China's industrial infrastructure.
Temasek Holdings Pte, Singapore's state-owned investment fund, said it has become a limited partner in Oxford Science Innovation. The financial terms of the investment were undisclosed.
PT Bumi Resources Tbk (BUMI) will issue new shares worth US$ 2 billion. The maneuver was carried out by Bumi Resources to repay its debt to China Investment Corporation along with eight other investors.
Seedcom-backed Cau Dat Farm aims to regulate and improve agricultural quality with the help of Internet of Things (IoT).
Singapore banks are scaling up with DBS Group Holdings Ltd and .Bank of Singapore, Asia's largest home-grown private bank among those in the lead as they are considering for more acquisitions.
Glassdoor is pushing for workplace transparency by releasing a new tool at its job-search site which will ultimately help to close wage gap.
Japanese personal accounting startup closes its Series D funding round securing US$11 million led by Mitsukoshi Holdings and Mizuho Capital.
Singapore’s ambition to be a ‘Smart Nation’ is moving forward as MarvelStone, an Asian private investment group has announced on Tuesday that it will open the world’s largest fintech hub in Singapore next November. The facility will be known as Lattice80, spanning over 30,000 square feet and to be located in Singapore’s Central Business District, […]