Southeast Asia
Asian buyers are back
TPG, CVC AP exits show regional corporate appetite
IFC promotes health in China
The International Finance Corporation (IFC) has agreed to invest $25 million in Singapore-based Healthway Medical Corporation Ltd for development of medical care facilities “in under-served areas of China,” the group said.
CVC AP exits Paperbox to Japan's Oji Paper
CVC Asia Pacific has agreed to sell its $212 million Malaysian pulp and paper investment, Paperbox Holdings Ltd, to one of the world's largest paper producers, Oji Paper Co Ltd., for an undisclosed amount.
TPG exits Parkway for $685 million
TPG Capital has sold its 23.9% stake in Singapore hospital operation Parkway Holdings to Indian healthcare group Fortis Healthcare for $685.3 million.
Baring plans to relist Courts in Singapore
Baring Private Equity Asia investment vehicle Singapore Asia Retail, a home furniture and appliances operator wholly-owned by its Fund III and Kuwaiti JV partner Topaz Investment Worldwide Inc, is reportedly looking to raise up to S$170 million ($121.5...
Vietnam: Diamond in the rough
Why Vietnam hasn’t lost its luster as a diversification play
Actis recruits Soh from Temasek
Leading London-headquartered emerging markets investor Actis has recruited Lionel Soh, a former associate director of investments at Temasek Holdings, as a director for its Singapore office.
Temasek, Li Ka-shing, back SecondMarket Inc.
Singapore SWF Temasek Holdings and the Li Ka-shing Foundation, backed by Hong Kong business leader Li Ka-shing, have jointly invested $15 million in a Series B round for SecondMarket Inc., an operator of an online marketplace and trading service for illiquid...
Industry Q&A: Andrew Legge, Dragon Capital
Christina Kautzky speaks with Andrew Legge, Director at Dragon Capital, about why Vietnam is off to a slow start this year, how LPs view the market, and where private equity opportunities lie.
SWFs in AIA Pru-ve power shift
A deal hailed as a once-in-a-lifetime event looks about to put headline numbers against international appetite for Asian growth.
Leopard makes financial services investment
In a co-investment with two other foreign investors, Leopard Cambodia has taken a shared 7.72% stake in ASA, a 19% shareholder of ACLEDA, one of the leading retail banks in Cambodia.
Temasek's Thai assets fall after Thaksin ruling
Listed assets in Thailand owned by Singapore SWF Temasek Holdings fell after a Thai court ruling that ex-prime minister Thaksin Shinawatra had abused his office to benefit entities of Shin Corp., the telecoms group linked to his family that was controversially...
Temasek issues $1.4 billion in bonds
The recent move by Singapore SWF Temasek Holdings to issue S$2 billion ($1.42 billion) in bonds could have meaningful implications for other major groups considering debt issuance.
Aureos plans Singapore office, citing tax, costs, regulation
Aureos Advisers, also known as Aureos Capital, the emerging markets-focused private equity investor, is apparently opening a new Asian head office in Singapore, in a move partly driven by high taxes, regulatory burden and heavy costs in the UK.
Actis makes Philippines investment in Ayala’s Integreon
Timely deal as President Arroyo goes on BPO PR tour
EON Capital rejects HLB offer
Primus Pacific hopes for better valuation
ADB plans cleantech fund
The Asian Development Bank reportedly plans to raise at least $100 million in a private equity fund for investing in developers of advanced clean energy technologies in Asia Pacific.
Temasek appoints ex-SGX Hsieh as CEO's advisor
Singapore SWF Temasek Holdings has appointed former Singapore Exchange CEO Hsieh Fu Hua as a special advisor to its incumbent CEO Ho Ching.
Actis invests $50 million in Ayala's Integreon
Emerging markets investor Actis has invested $50 million for an undisclosed but reportedly 25-30% stake in Integreon, a business process outsourcing company majority-invested by Philippines conglomerate Ayala Corp.
Primus's EON Capital rejects HLB offer
Primus Pacific Malaysian investee EON Capital Bhd has rejected a MYR4.92 billion ($1.4 billion) takeover offer from Hong Leong Bank, run by Malaysian billionaire Quek Leng Chan.
Dubai Asian asset exits may attract private equity
Dubai government-linked investment funds are shedding some of their Asian assets, with Emaar Properties reportedly hiring Singapore's DBS Bank to sell local sports retailer RSH Holdings, owner of the Royal Sporting House chain, valued at around $164 million.
Temasek plans new public markets vehicle Seatown
Singapore SWF Temasek Holdings has reportedly registered a new multi-strategy hedge fund-like investment company, Seatown Holdings International, to invest in securities from stocks to bonds and target absolute returns.
SPRING SEEDS-backed biofuel plant opens in Singapore
The opening of the Singapore Emulsion Fuel Pte Ltd marks a new era in the city state’s long-term history as a major regional fuel refiner. Backed by SPRING SEEDS Capital, under the aegis of the National Environment Agency (NEA) and the Building &...
Thai Government Pension Fund will boost PE, realty
Thailand’s Government Pension Fund (GPF) will boost its overseas investments, including private equity fund investments and direct investments in real estate and infrastructure, Sopawadee Lertmanaschai, secretary-general of GPF announced earlier in...