investments

3 developers to 'add' as Singapore's property price momentum slows: CGS-CIMB
SINGAPORE (Oct 16): CGS-CIMB Research is maintaining its “neutral” stance on Singapore’s property sector post the release of recent Urban Redevelopment Authority (URA) data, which reflected higher September monthly home sales of 944 transactions, up 51% m-o-m and 42% y-o-y. In a Monday report, analyst Lock Mun Yee notes that despite the positive momentum in home sales, the take-up rate ...
StarHub to lay off 300 employees as telco commences strategic review
SINGAPORE (Oct 3): StarHub is embarking on a strategic transformation review that will include laying off an estimated 300 of its full-time staff, primarily those in non-customer facing functions, with those affected to be notified by the end of this month. In an aftermarket press statement issued on Wednesday, the telco attributes the decision to “ongoing natural attrition and tighter ...
KKR's Kravis sees Southeast Asia winners in US-China trade war
(Oct 2): KKR & Co. is seeking to invest more in Southeast Asia, where companies are poised to benefit from the US-China trade dispute, according to the private equity firm’s co-founder Henry Kravis. “The longer that the dispute with China and the US goes on, I think you are going to see more opportunities” for investment in the Association of Southeast Asian Nations, Kravis said in ...
Temasek identifies new drivers as portfolio value tops $308 bil
SINGAPORE (July 10): Temasek Holdings is positioning itself to ride six powerful trends, even as it prepares for tougher global market conditions in the year ahead. At its annual review on Tuesday, Temasek noted that technological advances, demographic shifts and changing consumption patterns are disrupting traditional business models and creating new opportunities. It specifically identified ...
Southeast Asia PE deal value surges to $30 bil in 1Q, led by Singapore
SINGAPORE (July 9): Total private equity (PE) and venture capital (VC) deal value in Southeast Asia hit a historic high of US$21.9 billion ($29.7 billion) over 19 deals in 1Q18, significantly up from 26 deals worth US$687 million a year ago. This is according to EY’s Private equity briefing: Southeast Asia (June 2018) report, which offers a roundup of the PE deals and capital activities ...
HSBC launches Jade membership programme targeting 'sweet spot' in Southeast Asian wealth space
SINGAPORE (June 28): HSBC Bank (Singapore)  today announced the launch of a new membership programme, HSBC Jade, targeting individuals looking for high net-worth (HNW) solutions in Singapore. In a Thursday press release, the bank says its Jade membership programme will offer a unique combination of personalised relationship management, advanced wealth solutions and luxury lifestyle ...
Compact Metal Industries to acquire partially completed cement plant in Africa for $41 mil
SINGAPORE (June 21): Compact Metal Industries is seeking to acquire a 51% interest in a partially completed cement plant in Salamanga, Bela Vista, Maputo Province, Mozambique for US$30 million ($40.8 million), subject to shareholder approval at the EGM.  The plant, when completed, will have a production capacity of 5,000 tonnes per day upon operation. In a Thursday filing, Compact ...
Seven questions on corporate bonds answered
SINGAPORE (Mar 22): Investors face a constant dilemma over which assets, such as shares, bonds and property, to invest in. The answer is often that a mix of assets can help meet your goals. Different investments can perform well at different times. For example, when shares languish, government or corporate bonds may fare better. This is considered to be sensible diversification. With that in ...
KSH, Oxley, Heeton and Lian Beng invest $30 mil in Gaobeidian project developer
SINGAPORE (Jan 23): KSH Holdings and KAP Holdings (China), an Oxley, Heeton and Lian Beng JV, are investing RMB145 million ($29.8 million) in the developer of a property project in Gaobeidian in Hebei province in China. See: CIMB thinks these 5 small developers with exposure to Gaobeidian are 'beautiful' See: KSH sets its sights on Gaobeidian bonanza KSH International Investment (KSH ...
Singapore ends 2017 with US$1.2 bil in VC investments; deal activity to remain robust in 2018: KPMG
SINGAPORE (Jan 18): Singapore closed 2017 with US$1.2 billion ($1.6 billion) worth of venture capital (VC) investments across 112 deals, with exit value of investments reaching US$1.6 billion across eight exits and a total of US$732.9 million raised from seven funds. According to KPMG’s 4Q17 edition of Venture Pulse, a quarterly report on global VC trends published by KPMG Enterprise, this ...