Ka Kay Lum
As of March 20, ESR Australia had picked up a 98 per cent stake in Propertylink Securities.
FORUM, which has built six companies under its platform so far, claims to be the largest fintech builder in emerging Asia.
Baring PE Asia’s Fund VII recently hit its first close at $4.5 billion.
The 10-year notes due in 2029 are expected to be listed on the Offical List of the Singapore Exchange Securities Trading Ltd.
Through this divestment, Ekuinas will generate a minimum internal rate of return of 38.8 per cent.
Sumitomo Mitsui will manage Chikyoren’s overseas private equity mandate while UBS will manage the oveseas infrastructure mandate.
The Asia-focused vehicle will target control, co-control investments across Asia, primarily Southeast Asia.
Globaltec Formation is selling a 51% stake in its Australia-listed subsidiary NuEnergy Gas to Saujana E&P through a new share placement for A$38.62 million ($27.2 million).
The PE firm hit the final close for its third pan-Asian buyout fund, PAG Asia III, last November, with $6 billion in capital.commitments.
DWPF is undertaking an equity raise of up to A$400 million to fund the acquisition of a further 25 per cent interest in the MLC Centre.