Singapore: Keppel Corp secures commitments of $410m for its PE funds

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.

Singapore: Epicentre to raise S$11.45m from private placement

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.

Singapore: Temasek & EDBI lead $105m investment in Sprinklr

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.

Russia: Rostec sells 49% stake in JVs to Mongolian partner in $500m deal

Russian state enterprise Rostec has sold its 49 per cent stake in joint ventures Erdenet and Mongolrostsvetmet to its Mongolian partner, Mongolian Copper Corporation.

Singapore: Wong Fong Industries launching IPO on Catalist

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.

Australia: Property trading platform Revalu8 closes $1.1m seed round

Australian real estate trading platform Revalu8 has closed seed funding worth A$1.5 million from private investors

SG Digest: Exiger buys Poseidon; Trendlines-backed Vensica closes $500k round

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.

Singapore: Deskera to invest S$50m over next 3 years to build cloud data centre

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 »

Singapore: F&B major Katrina Group launches IPO on Catalist to raise $5.57m

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.