Keppel Corporation said two newly closed-ended private equity funds managed by Alpha Investment Partners, have received initial capital commitments of $410 million, out of a combined target size of $1.5 billion.
Epicentre Holdings, a retailer of Apple computers and products listed on the Catalist board of the Singapore Exchance (SGX), will be issuing a private placement of 45.8 million shares to new buyers, with KGI Fraser Securities being the placement agent.
Sprinklr develops and markets a social software platform enabling comprehensive social media management, and the current round, which also also included Wellington Management Company LLP, was done on a post-money valuation of $1.8 billion.
Russian state enterprise Rostec has sold its 49 per cent stake in joint ventures Erdenet and Mongolrostsvetmet to its Mongolian partner, Mongolian Copper Corporation.
The company intends to use the net proceeds raised from the IPO – approximately S$8 million – to expand and diversify its business operations and product offerings.
Australian real estate trading platform Revalu8 has closed seed funding worth A$1.5 million from private investors
Tokyo-based due diligence firm Exiger has acquired due diligence and business intelligence firm Poseidon Group, while Trendlines-backed Vensica Medical has closed a $500,000 investment.
Singapore: SPRING in MOU with Austin city govt; QT Vascular discusses asset sale; Validus Capital providing investor insurance
SPRING Singapore’s has formed a startup partnership with the city of Austin, Texas. QT Vascular is discussing the sale of assets and Validus Capital has formed a partnership with EQ Insurance to provide investor protection for invoice financing loans.
Deskera Holdings Ltd., a cloud-based integrated business management software company, will invest S$50 million (US$36.8 million) over the next three years to build its own cloud data centre in Singapore. This cloud data centre will support Deskera’s cloud-based integrated business management software and also provide business-focused Internet Service Provider (ISP) services…. Read more »
Katrina will raise gross proceeds estimated at S$7.52 million ($5.57 million) in its IPO. Katrina owns nine brands and operates 32 restaurants in Singapore and two restaurants in China.