UBS’ Yu to manage HK wealth, Jungle Ventures adds partner, TH Real Estate names CIO


Johnny Yu, nicknamed “King of Warrants”, has been appointed desk head of UBS Group’s wealth management unit in Hong Kong.

Gaylin completes $100m equity, debt restructuring as ShawKwei ups stake to 76%

The move seeks to provide loss-making Gaylin with financial stability.

Singtel Innov8, STT back $40m Series D in AI startup Moogsoft

The funding round, led by Goldman Sachs Growth Equity, was also joined by existing investors including HCL, Northgate Capital, Redpoint Ventures, and Wing VC.

ONE Championship names billionaire entrepreneur Saurabh Mittal as vice chairman

Mittal is the founder of Mission Holdings, an investor in ONE Championship.

Singtel Innov8 leads $20m Series A round in Silicon Valley-based Airspace Systems

The startup harnesses AI, machine vision, and deep-learning neural networks to defend against drone threats.

Grab launches new venture to foray into financial services in SE Asia

Grab Financial will offer micro-financing in partnership with Japan’s Credit Saison.

Perennial to acquire full ownership of Singapore’s iconic Capitol

Perennial Real Estate is buying out Capitol Singapore co-owner Chesham Properties for S$129.6 million ($98.7 million).

Venture debt in Southeast Asia still at early stages: InnoVen’s Chin Chao

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.

SG: Tikehau Capital, SPRIM Ventures’ joint healthcare fund makes first close at $50m

The TKS1 fund will make early-stage investments in med-tech and life science companies.

Singapore bourse mulls easing dual-class listings rules to attract tech IPOs

Making dual-class shares easier to adopt is an attempt to make Singapore more competitive with exchanges in the U.S.