Temasek

Temasek, CVC seek buyers for generics firm Alvogen’s eastern European ops

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Alvogen’s central and eastern European (CEE) business may be valued at up to $1 billion. CVC and Temasek bought a controlling stake in Alvogen in 2015 at a valuation of $2 billion.

KinderWorld Education Group said to consider $53m Singapore IPO

KinderWorld Education Group, which runs schools across Southeast Asia, is working with advisers on a planned IPO that could value it at about S$300 million ($228 million).


People: Ex-HSBC exec joins Lightbulb Capital; Clifford Chance names 6 partners in APAC

Lightbulb was founded in 2014 in Hong Kong and expanded to Singapore in 2016


Singapore’s Frasers Logistics to acquire Dutch, German properties for $736m

The acquisition is a strategic entry to the attractive German and Dutch logistics and industrial markets.


Access to customers, data key to success in financial services, says Momentum Works CEO

With competition in the financial services space heating up in Southeast Asia, companies that control the most data and better understand consumer behaviour will have an advantage over others, Li said.


High investor FOMO about P2P lending in SE Asia: Funding Societies co-founder Kelvin Teo

The startup had planned to raise much less but higher investor demand led to a bigger round.


Singapore taxi firm ComfortDelGro acquires London’s Dial-a-Cab for $1.7m

The acquisition raises ComfortDelGro’s total number of London taxis to 3,000.


Singapore: CapitaLand Mall Trust sells Sembawang Shopping Centre for $189m

Sembawang Shopping Centre was sold to a joint venture between Lian Beng Group and Apricot Capital


Singapore’s Park N Parcel raises $648k in Tri5-led round for Asia expansion

Park N Parcel plans to use the fresh funding to expand into Thailand, Hong Kong and Japan by the fourth quarter of 2018.


P2P lender Funding Societies raises $25m in Series B round led by SoftBank Korea

The round saw participation from existing investors Sequoia India, Alpha JWC and Golden Gate Ventures.