Ka Kay Lum
Tabung Haji is a state-owned fund formed to manage Muslim pilgrimages. It has a total of $18.05 billion funds under its management.
Catalist-listed coffee shop operator Kimly has acquired Asian Story Corporation for $11.7 million to complement its business.
Ride-hailing major Grab’s financial services arm GrabPay has named former OCBC head of strategic partnerships of group lifestyle financing, Gary Wong, to head its Singapore operations.
The round was joined by East Chain Co, Oyster Ventures, FBG Capital, Hazoor Capital, ZK Capital, ZhenFund, and others.
Neat is a mobile current account that claims to offer an alternative to the traditional banking model.
The fresh capital raised will be used for team expansion, research and development, as well as expanding its services.
The round, which is believed to the second-largest raised by an Australian firm, was joined by Li Ka-shing’s Horizons Ventures, Central Capital Ventura as well as Square Peg Capital.
The startup will be using the funds to continue developing its products and services to help boost healthcare accessibility in the city-state.
AddVentures by SCG was set up to invest in startups in industrial, B2B, and enterprise space, to help the conglomerate in adopting innovation
IFM Investors and KDB KIAMCO are planning to launch their second global debt fund in partnership with Korean institutional investors in the second half of 2018.