OUE Ltd has sold its 33% stake in GIC-backed fund management company Nuvest Capital to the latter's founder Aje Saigal for $1 million.
ComfortDelGro is acquiring Australian bus service operator B&E Blanch Pty Ltd for A$28.3 million ($20.14 million).
Keppel REIT entered into an agreement with PGIM Real Estate to purchase the Seoul office tower.
The three assets - Central Park Mall, DUO Retail and Park Lane Retail - are expected to fetch in excess of $121 million.
Some of Temasek's significant holdings like CenturyLink Inc and Alibaba Group have turned out mixed performances over the past 17 quarters.
IPOs & Markets
US fund manager Sabby disclosed that its holding in Reebonz has exceeded 5% stake to touch 9.2%.
The gross proceeds is expected to be $10.8 million, lower than the previously revised $27.6 million offering made on April 12, 2019.
Following the deal, TEE International intends to maintain a controlling interest in the spin-off group.
The price and timing details for the revised $27.6 million are not finalised.
DEALSTREETASIA has attempted to uncover the total valuation of Grab by using a combination of specific figures obtained from the disclosures made in U
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