Singapore companies which may be in focus on Tuesday, 27 July 2021: CDL Hospitality Trusts, Keppel DC REIT, KORE, LMIRT and ST Engineering.
Sovereign Wealth Funds
Temasek plans to launch a three-tranche offering of 10-year, 20-year and 40-year U.S. dollar bonds, the state-owned investment company said Monday.
Temasek holds 2.68 percent of vaccine developer Jiangsu Recbio Technology, or 12 million pre-listing shares, according to the IPO prospectus.
Temasek subsidiary Vertex Ventures HC co-led, with Treo Ventures, medical device player Neuspera Medical’s US$65M series C funding round.
Microbial nitrogen fertilizer company Pivot Bio closed a US$430M series D funding round led by DCVC and Temasek, the company said Monday.
WebMD, part of Temasek-backed Internet Brands, has acquired The Wellness Network, which provides point-of-care, video education for patients.
The EPF Board of Malaysia acquired an additional 64,900 shares in UOA Development, bringing its total holding to a 10.18 percent stake.
Temasek holds 22.13M shares of U.S.-listed Intapp, or a 37.7% stake, according to a filing to U.S. securities regulators Monday.
Temasek-backed Next Gen Foods, maker of the plant-based chicken brand TiNDLE, raised an additional US$20 million in a seed-round extension.
Singapore Airlines will have a “huge advantage” post-pandemic, Naji Hamiyeh, investment group chief at Temasek, said Tuesday.
Singapore’s Temasek reported Tuesday its net portfolio value climbed to a record S$381B for the fiscal year ended 31 March.
BlackRock secured more than US$250M in commitments from 10 institutional investors, governments and philanthropies for the Climate Finance Partnership.
Singapore state-owned investment company Temasek increased its stake in Intapp, buying an additional 1.92 million shares.
Temasek owns around 6 percent of Payoneer after the cross-border payments fintech went public, according to a U.S. securities filing Tuesday.
Temasek subsidiary Pavilion Capital invested US$10 million in a series C round for Standigm, a workflow AI drug discovery company.
Payments player Pine Labs raised more than US$600M in a round which included new investors Fidelity Management and BlackRock-managed funds.
Hong Kong-listed ESR Cayman has doubled the capital commitment to the ESR Japan Logistics Fund III (RJLF3) to 150 billion yen (US$1.35B).
Funds managed by Temasek and HPS Investment have agreed to sell Cypress Creek Renewables to EQT Infrastructure V fund, EQT said Sunday.
Arrail, a China-based dental service provider which counts Temasek among its backers, filed on Thursday for a Hong Kong IPO.
Temasek is investing in Indian agritech Licisous’ US$192 million series F funding round, Singapore’s state-owned investment company said.