Singapore
Hong Kong tax: A life less certain
Hong Kong introduced legislation intended to give private equity investors greater tax certainty, but the implementation guidelines have moved it further from this goal. The implications could be wide-ranging
Sequoia, Shunwei invest in Singapore's Patsnap
Sequoia Capital China has led a Series C round of funding for Singapore-based Patsnap, a web-based intellectual property analytics and management software developer.
Asia PE and upstream energy: Under the pump
Although a low oil price environment has created interesting inroads for PE investors seeking exposure to Asia’s growing energy consumption story, challenges of timing and targeting have slowed uptake
Asia fintech hubs: Head start
Singapore's move to strengthen its financial technology ecosystem underlines the importance of creating appropriate infrastructure and incentives for start-ups in the space
Singapore's MC Payment gets $3.5m for SE Asia expansion
Singapore private equity firm 2W Group has led a $5 million ($3.5 million) funding round for domestic financial technology company MC Payment.
Asia's LP landscape
Asia is increasingly a target for private equity firms on the fundraising trail, but the region’s LP base can be difficult to penetrate, with huge variations in size, appetite and sophistication
Singapore to ease regulations on start-ups as part of fintech push
Singapore is promising to provide venture capital firms with streamlined approval processes and tailored incentives as part of efforts to develop the fundraising landscape for local start-ups.
Tech & government: 20 years of early days
Since the dawn of the internet in the mid-1990s spurred a global rebalancing of economic power, Asia’s newest VC heavyweights have raised questions as to how this technology-driven shift will be governed
Warburg Pincus supports take-private of Singapore's ARA
Warburg Pincus has joined a consortium of investors including China’s Avic Trust to privatize Singapore-listed real estate fund management company ARA Asset Management.
IFC proposes backing Jungle's SE Asia seed fund
The International Financial Corporation (IFC), the investment arm of the World Bank, has proposed a $2 million investment in Jungle Ventures' Southeast Asia-focused seed fund.
Alibaba-backed Lazada buys Singapore's RedMart
Lazada, a Southeast Asia-based e-commerce platform founded by Germany's Rocket Internet and recently acquired by Chinese e-commerce giant Alibaba Group, has bought Singapore-based online grocer RedMart.
Singapore's Jubilee Capital in $30m first close on tech fund
Jubilee Capital, a newly formed venture investment firm based in Singapore, has reached a first close of $30 million on an early-stage technology fund targeting $100 million.
Southeast Asia dating app raises $32.5m round
Paktor, a Southeast Asia-focused mobile dating app, has received $32.5 million in new funding led by K2 Global – a venture capital firm that makes late-stage tech investments in Asia and the US – and Indonesia-based MNC Media Group.
Deal focus: Eywa brings experienced edge to generics
Eight Roads Ventures India sees considerable strengths in Eywa to tackle the lucrative US generic pharmaceuticals market
Northstar submits $238m offer for Singapore-listed Innovalues
Northstar Group has offered to buy Singapore-listed Innovalues, a components manufacturer for the automotive and industrials sectors, in a deal that values the business at approximately S$331.4 million ($238 million).
Bain-owned APMG sells Southeast Asia assets
Asia Pacific Medical Group (APMG), a medical platform owned by Bain Capital, has agreed to sell Singapore and Malaysia-based plastic surgery brand The Sloane Clinic to China Medical (International) Group (CMIG).
Fidelity funds join $30m round for Singapore's Eywa
Eight Roads Ventures India and US-based F-Prime Capital - both of which are controlled by Fidelity - have joined a $30 million investment in Singapore and India-based drug manufacturer Eywa Pharma.
PAG backs restaurant chain Paradise Group
PAG Asia Capital has agreed to invest in Paradise Group Holdings, a Southeast Asia-based restaurant chain with over a dozen brands and more than 60 outlets.
Singapore's New Silkroutes launches private equity JV
Singapore-listed energy trading company New Silkroutes Group (NSG) has formed a joint venture with three parties to develop private equity funds targeting healthcare and infrastructure in emerging and developed Asia.
Philippines' Xurpas buys VC-backed mobile ad firm
Early-stage VC firm Wavemaker Partners has made a full exit from Art of Click as Philippines-based mobile service developer Xurpas acquired the Singaporean mobile advertising player in deal worth $45 million.
Temasek, 3i to exit ACR Capital to Chinese consortium
An investment vehicle controlled by China's Shenzhen Qianhai Financial Holdings (QFH) and Shenzhen Investment Holdings (SIHC) has agreed to buy Singapore-based reinsurer ACR Capital Holdings from its backers, which include Temasek Holdings, Khazanah Nasional...
EDBI in $40m round for US-based Shape
EDBI, the corporate VCs arm of Singapore's Economic Development Board, has joined a $40 million Series D round for Shape Security, a US-based provider of online security technology.
Deal focus: Taking truckers to the cloud
CHAMP Private Equity is supporting the development of Containerchain's software-as-a-service proposition as a means of improving supply chain communications between truckers, depots and warehouses
Singapore's UOB backs $72m Series C for OurCrowd
Singapore-based UOB Group has joined a $72 million Series C round for Israeli equity crowdfunding platform OurCrowd.