Peter Lim

AI healthcare startup UCARE.AI secures $8.2 mil funding

SINGAPORE (May 16): UCARE.AI, a Singapore-based artificial intelligence (AI) healthcare startup, has recently concluded its Series A funding, bringing total investment to $8.2 million to date.

The Series A global investors included VC firm Walden International, insurance group Great Eastern, Singaporean investor and philanthropist Peter Lim, as well as law firm WongPartnership’s startup initiative WPGrowth Ventures.

Is Rowsley attractive now that price of Thomson Medical has been lowered?

SINGAPORE (Jan 8): Rowsley’s announcement in July last year that it would morph into a healthcare company has kept its stock trading heavily — and at rather rich valuations — for several months.

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Singapore's entrepreneurial scene looks less boring with spate of megadeals

SINGAPORE (Nov 30): Back in 2002, as the city-state was emerging from its worst recession since 1964, the government was getting impatient over the economy's disproportionate reliance on multinationals and a handful of globally competitive state-backed firms like Singapore Airlines.

A panel on "entrepreneurship and internationalisation" noted that only 5% of Singaporeans ran their own companies, versus 12% in the US. Then-finance minister and future Prime Minister Lee Hsien Loong vowed to end red tape and allow new structures like limited partnerships.

What does Rowsley’s plan to buy $1.9 bil in healthcare assets mean for investors?

This article appeared in Issue 790 (July 31) of The Edge Singapore

SINGAPORE (July 31): Billionaire former stockbroker Peter Lim is on his way to transforming Rowsley into a healthcare company — by injecting into the public-listed company assets that are already familiar to the market. Before investors jump on the stock, however, they should look closely at the market value it has already garnered.

How much will investors pay for Rowsley?

SINGAPORE (July 31): Billionaire former stockbroker Peter Lim is on his way to transforming Rowsley into a healthcare company — by injecting into the public-listed company assets that are already familiar to the market.

Before investors jump on the stock, however, they should look closely at the market value it has already garnered.

See: Rowsley shares up some 58% on deal to buy healthcare assets for $1.9 bil

Soo Kee in joint venture to spread the Love & Co in China

SINGAPORE (July 19): Jeweller Soo Kee Group announced Wednesday that it is bringing its Love & Co brand into China via a joint venture with Global Crown Group.

Soo Kee’s wholly-owned subsidiary Love & Co International will take a 55% stake in the joint venture, Diamond Avenue.

Global Crown, the parent company of leading gold jewellery manufacturer and distributor Shenzhen Batar Investment Holding Group, will hold the remaining 45%.

The initial investment into the joint venture will be about $10.2 million.

Rowsley shares up some 58% on deal to buy healthcare assets for $1.9 bil

SINGAPORE (July 19): Rowsley shares this morning rose 57.5% or 4.2 cents to 11.5 cents with 159 million shares traded after announcing it has entered into an agreement to buy healthcare assets from its controlling shareholder in an all-share deal valued at $1.9 billion.

In a stock exchange filing on Tuesday night, the real estate company said the proposed acquisition involves buying a 100% stake in Thomson Medical and a 70.36% stake of TMC Life Sciences Bhd from controlling shareholder and Singapore billionaire Peter Lim Eng Hock.

Man Utd legends Giggs, Neville to bring football hotels to Asia

SINGAPORE (Oct 26): Former Manchester United stars Ryan Giggs and Gary Neville, who have teamed up with Singapore billionaire Peter Lim on property developments in Manchester, are seeking to bring their football-themed hotels and cafes to Asia.

Giggs and Neville are in talks with potential partners to expand in China, Thailand, India, Singapore and Malaysia, the pair said in an interview in Singapore. Some developments will house a hotel and cafe, while others will only be a cafe, Neville said.

Soo Kee’s gold

Peter Lim, Soo Kee, home-grown jeweller

In just 25 years, home-grown jeweller Soo Kee has expanded across Singapore and Malaysia and become more than a purveyor of shiny, covetable objects. Its co-founder and chairman Peter Lim, winner of the EY Entrepreneur of the Year Award in the Lifestyle and Retail category, explains how he is positioning the group for the future.

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Rowsley teams up with UK’s National Football Museum to boost its cafes, hotels

SINGAPORE (Sept 26): Rowsley has formed a partnership with UK’s National Football Museum to boost its strategy to operate more football-themed cafes and hotels.

Rowsley, controlled by Singapore businessman Peter Lim, currently operates Hotels Football and Café Football through its subsidiaries, and has signed a deal to operate a new Café Football in the National Football Museum based in Manchester where it will handle all catering at the museum.

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