The boom in blank-cheque companies may look like a bust in New York, but the pre-packaged investment arrangements look set for a second act in Southeast Asia as two Temasek Holdings-backed firms prepare to launch Singapore-listed SPACs, including one with… Read More>>
The bidding war for Singapore Press Holdings’ real estate business escalated again on Monday, as Temasek-backed Cuscaden Peak announced a S$3.9 billion ($2.89 billion) offer that the Straits Times publisher judged “superior” to rival suitor Keppel Corporation’s terms.
The latest… Read More>>
Keppel Corporation’s plan to acquire Singapore Press Holdings’ real estate business is being challenged by a rival bid from an unlikely source: a consortium backed by state holding firm Temasek and hotel tycoon Ong Beng Seng.
Cuscaden Peak, a company… Read More>>
In today’s roundup of regional news headlines, a Hong Kong outfit buys an Australian shopping mall from M&G, a Sichuan-based developer becomes China’s latest debt debacle, and Singapore state holding firm Temasek reports a nearly 25 percent return in the… Read More>>
A unit of Singaporean tech firm ST Telemedia is joining forces with its owner, state holding company Temasek, and Indonesian conglomerate Triputra Group to develop a data centre operating platform in Jakarta.
The joint venture plans to build its first… Read More>>
Singapore-based Mapletree Investments on Friday announced that a Hong Kong industrial site which it acquired last month is set to become the latest addition to its growing portfolio of data centres.
“We are excited about winning this development land parcel,”… Read More>>
Temasek Holdings on Tuesday announced that Dilhan Pillay will succeed Ho Ching as chief executive of the Singaporean state-backed firm, while also taking over her seat as an executive director on the board.
Pillay, who is keeping his title as… Read More>>
China Evergrande doesn’t seem to have received the bailout from the Guangdong government that it had been looking for, but the mainland developer got a helping hand from the Hong Kong stock exchange last week when it won permission… Read More>>
Singapore’s Mapletree Industrial Trust is adding to its collection of US data centres through an agreement to purchase a facility in Virginia for at least $204 million, the trust’s manager announced on Monday.
The unspecified server farm, which is believed… Read More>>
Temasek Holdings rushed to defend former CapitaLand boss Liew Mun Leong this week after Singapore’s high court acquitted a former servant to the corporate chieftain on charges of theft filed by Liew and his family.
Liew, who serves as chairman… Read More>>