Keppel, KAIF and a KAIF co-investor, via Cloud Alpha, are acquiring a 51% stake in Cleantech for up to US$150M, according to an SGX filing.
Singapore buybacks Monday, 22 November 2021: OCBC, UOB, Hongkong Land, Broadway Industrial and Global Investments.
Daiwa increased its target for Sea Ltd. shares to US$400 from US$350, keeping a Buy call, its highest rating, citing “solid” 3Q21 results.
Fat Projects Acquisition Corp., a SPAC, closed its Nasdaq IPO, raising US$115M to invest in Southeast Asian assets, the company said Monday.
Keppel New Energy entered a deal with BCPG to collaborate on providing sustainable energy services and infrastructure in Southeast Asia.
Ntegrator signed an MOU with China Mobile to collaborate on IT and telecommunications projects, including for 5G, in Southeast Asia.
KTL Global tied up with a Taiwan farming co-op and logistics company Jinhao Shipping for a Southeast Asia food-supply logistics network.
Singapore companies which may be in focus Tuesday, 31 August 2021: Sembcorp , Keppel Infrastructure Trust, Mapletree Logistics, China Kangda Food, ESR-REIT, OKP, Shangri-La Asia, Thakral, Hatten Land, FSL Trust and Memionte
Payments player Pine Labs raised more than US$600M in a round which included new investors Fidelity Management and BlackRock-managed funds.
Temasek-founded Trustana will tie up with OneConnect to use its services to connect SMEs in Asean with buyers and suppliers in China.
UOB launched Tuesday its U-Solar platform to connect businesses and consumers with financing to encourage renewable energy adoption in Southeast Asia.
Reta Lee, editor-in-chief for Yahoo Lifestyle and Entertainment in Southeast Asia, recently provided an outline of the tech and media company’s strategies.