Keppel and Keppel Capital consortium to acquire majority of Cleantech for up to US$150M
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.
Southeast Asia
UPDATE: Singapore share buybacks Monday: OCBC, UOB, HK Land, Japfa, Broadway, Global Investments
Singapore buybacks Monday, 22 November 2021: OCBC, UOB, Hongkong Land, Broadway Industrial and Global Investments.
Sea Ltd target price raised by Daiwa after ‘solid’ 3Q21
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 closed Nasdaq IPO of Southeast Asia-focused SPAC
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 and BCPG to collaborate on sustainable energy infrastructure in Southeast Asia
Keppel New Energy entered a deal with BCPG to collaborate on providing sustainable energy services and infrastructure in Southeast Asia.
Ntegrator enters MOU with China Mobile to develop 5G 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 enters food supply-chain deal with Taiwan farming co-op and logistics player
KTL Global tied up with a Taiwan farming co-op and logistics company Jinhao Shipping for a Southeast Asia food-supply logistics network.
UPDATE: Singapore stock briefs Tuesday: Sembcorp, KIT, Mapletree Logistics, China Kangda, ESR-REIT, OKP, Shangri-La
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
UPDATE: Temasek-backed fintech Pine Labs raises USD600M in funding round
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 ties up with OneConnect Financial, UOB
Temasek-founded Trustana will tie up with OneConnect to use its services to connect SMEs in Asean with buyers and suppliers in China.
UOB launches its solar energy platform U-Solar in Malaysia
UOB launched Tuesday its U-Solar platform to connect businesses and consumers with financing to encourage renewable energy adoption in Southeast Asia.
Yahoo: These are our content initiatives for 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.