GIC chief executive officer Lim Chow Kiat

Singapore wealth fund remains unfazed by high tech valuations

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Tech valuations are high but the bar is higher, said GIC Pte chief executive officer Lim Chow Kiat.

Singapore’s Reebonz nets $10m from stock & warrant offering

US fund manager Sabby disclosed that its holding in Reebonz has exceeded 5% stake to touch 9.2%.


Singapore’s OCBC seeks partner for China securities business JV

OCBC becomes the latest foreign bank seeking to capitalize on China’s financial-industry loosening.


Singapore’s SPH acquires student housing assets worth $174.3m in UK

The portfolio is spread across three UK cities – Southampton, Sheffield and Leeds – and comes with a rental guarantee covering two academic years.


Singapore investors bullish on India’s commercial realty, warehousing niches

Private equity firms GIC, Ascendas-Singbridge and Xander, are pumping billions of dollars into India’s real estate sector.


SG Digest: Grab to integrate GrabFood into main app; Circles.Life revamps referral programme

The integration will enable users to redeem GrabRewards vouchers seamlessly rather than toggling between apps.


Warburg-backed ESR inks $179m loan facility with UOB for prime Tokyo land deal

The loan will be used to fund the acquisition of land where ESR Yokohama Distribution Centre, one of the largest logistics parks in the Japan, will be built.


Monk’s Hill Ventures boosts SE Asia leadership team, appoints two partners

Michele Daoud, who is based in Singapore, also becomes Monk’s Hill Ventures’ first female partner.


Singapore’s Reebonz fixes price for $10.8m stock, warrant offerings

The gross proceeds is expected to be $10.8 million, lower than the previously revised $27.6 million offering made on April 12, 2019.


Singapore, HK are key monetisation markets for Carousell, says CEO Quek Siu Rui

Carousell will also roll out its car marketplace in HK – a service that is currently only available in its home market, Singapore.