Singapore
Deal focus: Fastacash brings payments everywhere
Digital networks are remaking communication patterns across the world; where people living abroad once relied on postal services and analog telephone lines, now their loved ones are just an instant message away.
Singapore's Temasek, UOB to offer $500m in venture debt
Singapore's government-sponsored investment fund Temasek Holdings and United Overseas Bank (UOB) have agreed to form a joint vehicle which will offer $500 million in venture debt financing to start-ups in China, India and Southeast Asia.
GLP forms $7b China logistics fund
Singapore-listed warehouse operator Global Logistic Properties (GLP) has launched a $7 billion fund for developing logistics facilities in China.
Singapore's GIC buys 35% stake in Brazil shopping mall
Singapore sovereign wealth fund GIC Private has acquired a 35% stake in Brazil's Via Parque Shopping, a mall in Rio de Janeiro, for $41.89 million from developer Aliansce Shopping Centers.
TPG, Affinity-owned UTAC files for $350m US IPO
UTAC Holdings, the Singapore-based precision engineering firm owned by TPG Capital and Affinity Equity Partners, is looking to raise as much as $350 million in its US IPO.
Southeast Asia start-ups: Connecting the dots
The start-up scene in Southeast Asia is growing apace but making the most of the region's potential is as much about having cross-border capabilities as it is about targeting the right opportunities
Singapore payment platform Fastacash raises Series B round
Asia-focused investment firm Rising Dragon Singapore has led a $15 million Series B round of funding for Fastacash, a Singapore-based social payments platform.
LVMH acquires Singapore VC-backed beauty e-commerce start-up
Luxury goods conglomerate LVMH has acquired Luxola, a VC-backed beauty e-commerce start-up based in Singapore, for an undisclosed sum.
VC-backed PropertyGuru acquires eProperty Track
Singapore-based online real estate portal PropertyGuru, which recently raised funds from TPG Capital, Emtek Group and Square Peg Capital, has bought sales and marketing platform ePropertyTrack.
Bain to sell electronic connectors maker FCI Asia for $1.28b
Bain Capital has agreed to sell FCI Asia, which manufacturers connectors used in electronics, data storage and telecommunications, to US-headquartered industry peer Amphenol for $1.28 billion.
NSI Ventures, F&H lead $8m round for Singapore's Chope
NSI Ventures, the VC unit of Northstar Group, and consumer and technology sector-focused investor F&H Fund Management have led an $8 million round for Singapore online restaurant platform Chope.
SCPE commits $52m to L Capital-owned Crystal Jade
Standard Chartered Private Equity (SCPE) has committed $52 million to Crystal Jade Group Holdings, a food and beverage conglomerate owned by L Capital Asia.
Tech in Asia secures $4m funding round
Tech in Asia, a Singapore-based digital media company that focuses on Asian start-ups, has raised a $4 million round led by SB ISAT Fund, a $50 million vehicle backed by Japan's SoftBank and Indonesia's Indosat.
TPG joins $129m investment in Singapore's PropertyGuru
Singapore online property portal PropertyGuru has raised S$175 million ($129 million) from TPG Capital, Australia's Square Peg Capital, and Indonesian media company Emtek Group.
L Capital-owned Ku De Ta to re-brand as Ce La Vi
Ku Dé Ta Group, the Singapore luxury restaurant and club chain controlled by L Capital Asia, has has re-branded as Ce La Vi after losing a legal battle over naming rights.
Tembusu backs Singapore energy efficiency business
Singapore-based GP Tembusu Partners has invested in local energy efficiency services start-up Barghest Building Performance (BBP), providing a "seven-figure" mezzanine commitment.
Wavemaker provides seed funding for Singapore 3D pen developer
CreoPop, a Singapore start-up which has developed a pen that enables objects to be drawn in 3D, has received seed funding from Wavemaker Partners and the Singapore National Research Foundation (NRF).
Silver Lake-backed Avago agrees $37b Broadcom deal
Avago Technologies, a Singapore-incorporated chip maker backed by Silver Lake Partners, has agreed to buy its NASDAQ-listed rival Broadcom Corp. for $37 billion in cash and stock.
JFDI opens applications for next program, doubles investment
Singapore-based accelerator Joyful Frog Digital Incubator (JFDI) has started taking applications for its next start-up program - which will be partly offered online - and has doubled the amount it is offering to successful applicants.
Babson closes Asia mezzanine fund at $177m
Babson Capital Management has reached a final close of $177.2 million on its latest Asia-focused mezzanine fund.
Singtel Innov8 leads Series B round for US big data start-up
Singtel Innov8, the early stage investor backed by Singapore telco Singtel, has led a $15 million Series B round for US big data start-up DataTorrent. GE Ventures, and the start-up's existing investors, also took part in the round.
KKR-owned MMI completes $580m refinancing
MMI, a Singapore-based hard disk drive components manufacturer owned by KKR, has secured a $520 million term loan and a $60 million five-year secured revolving credit facility to refinance its outstanding debt.
India's Fortis to sell Singapore unit for $83.5m
India's Fortis Healthcare will sell its Singapore-based diagnostics arm RadLink-Asia to Fullerton Healthcare Group for S$111 million ($83.5 million).
Singapore's TradeGecko seals Series A round
When brothers Cameron and Bradley Priest, and Carl Thompson, arrived in Singapore from New Zealand to join start-up accelerator JFDI.Asia in 2012, the idea was to create a mobile app that would connect e-commerce companies with third-party platforms through...