capital raising


Klook concludes US$425 mil series D funding with SoftBank-led round

SINGAPORE (April 9): Klook, the Hong Kong-based travel booking platform today announced the completion of its US$425 million ($575.3 million) series D funding after it raised over US$225 million in

Equity raising

Sino Grandness selling 170 mil new shares at 4 cents each to JW Capital

SINGAPORE (Mar 25): Sino Grandness Food Industry has entered into a placement agreement to sell 170 million new shares to JW Capital Group at 4 cents each for 6.8 million.

In print this week

Croesus Retail Trust co-founder speaks up about going private

SINGAPORE (Jan 12): Last September, Croesus Retail Trust (CRT) was taken private by Blackstone Group at a higher price than it ever garnered in the public market.

New Silkroutes’ acquisition of Capital Group falls through

SINGAPORE (Sept 4): New Silkroutes Group’s proposed 100% acquisition of American investment holding company Capital Group Investments has lapsed due to “certain restructuring” within Capital Group.

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