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 ...
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. Shortly before Rowsley called for a trading halt on July 17, the counter was trading at a low of 6.6 cents. When trading resumed on July 19, Rowsley’s market value had more than doubled and ...
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 ...
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 ...
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 ...
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 ...
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% ...
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 ...
Soo Kee’s gold
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. Peter Lim talks a mile a minute as he leads his guests through ...
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 ...