By Hock Meng Tay
GVT offers manufacturing solutions and services for the semiconductor, analytical life sciences, electronics and other industries. It currently operates in Singapore, Malaysia and China.
The new entity will collaborate with global insurance partners to tailor its products specifically to the lifestyle needs in the region.
Cento’s LPs are mainly large strategics and corporates from South Korea and Japan.
We take a look at the overall value proposition of the deal and how it aligns with Singapore’s vision of emerging as a global fund management hub.
Singapore’s GIC, Temasek Holdings, Mapletree Investment and CapitaLand have invested across asset classes.
Indonesian fashion e-commerce site Sale Stock will officially change its name to Sorabel from February 6 as it enters the fifth year of its operations.
The seven co-investors are AgFunder, Hatch, ID Capital, Openspace Ventures, The Yield Lab, Trendlines and Visvires New Protein.
The investment follows US-based insurance company Aflac’s $20-million investment in the Singapore-based insurtech startup.
The private equity firm acquired 460 million shares in ICP at $0.0063 apiece.
The Singapore capital market has had a lacklustre run in the last few years.