By Mars Woo
Mittal is the founder of Mission Holdings, an investor in ONE Championship.
The startup harnesses AI, machine vision, and deep-learning neural networks to defend against drone threats.
Grab Financial will offer micro-financing in partnership with Japan’s Credit Saison.
Perennial Real Estate is buying out Capitol Singapore co-owner Chesham Properties for S$129.6 million ($98.7 million).
Venture debt as a percentage of venture capital in Southeast Asia is still low at approximately 5%, compared to 10-15% in more developed ecosystems.
The TKS1 fund will make early-stage investments in med-tech and life science companies.
Making dual-class shares easier to adopt is an attempt to make Singapore more competitive with exchanges in the U.S.
The companies include four digital trade lenders and a platform to access global trade instruments.
The new fund is expected to have a first close before the end of this month and the final close by the end of 2018.
THSC Investments, owned by Standard Chartered Private Equity (SCPE) and TH60 Investments, has made an S$0.50 per share pre-conditional cash offer for all the shares of Tat Hong.