Singapore: Piquant Capital to terminate hedge fund after making loss in 2014


The Singapore-based firm didn’t reach its targeted $60 million and will officially end operations at the end of the year, chief investment officer George Varghese said

SG Dealbook: LET China unit renews loan facilities; Secura Group eyes Catalist listing in 2016

Singapore-listed Leader Environmental Technologies has renewed loan facilities from China Merchants Bank. Secura Group is considering listing on the Singapore Exchange’s (SGX) Catalist secondary board, having lodged an offer document with the bourse. LET China unit renews loan facilities Leader Environmental Technologies (LET) mainland Chinese unit, Jilin Anjie Environmental Engineering,… Read more »

Singapore: Eduardo Saverin-backed Perx raises million-dollar Series A led by Golden Gate Ventures

Perx, a Maiplay Pte Ltd company, is a leading predictive mobile customer engagement platform that enables organisations of all sizes to acquire, engage and reward their customers or employees intelligently.

CDL, Keppel land unit join hands for S$1.1b Singapore office venture

This joint office investment platform will acquire three of CDL’s prime office assets for S$1.1 billion. Alpha and CDL will co-finance the portfolio in the ratio of 60:40. This is CDL’s second Profit Participation Securities (PPS) transaction.

Wearables, recommendation engines will displace display advertising: Shapira, MassiveImpact CEO

The adoption rate of wearables is increasing exponentially so within the next few years, new devices will reach mass-market share within a few quarters. Additionally, the billions being invested in augmented reality technologies will eventually lead to recommendations being on top of the real world, not as separate distracting ads inside content. In fact, I believe the whole concept of in content advertising will not live far past the end of this decade.

Rocket Internet debuts beauty & wellness startup Vaniday in Asia via Singapore

Rocket Internet SE launched Monday in Singapore its online beauty & wellness marketplace Vaniday, serving as the startup’s debut in Asia.

StanChart axes top jobs in specialist energy M&A team, mostly in Singapore

The bank expanded its energy M&A advisory team by buying Harrison Lovegrove, a boutique advisory firm. Now , chief executive Bill Winters, who is cutting 15,000 jobs globally to restore profitability, is getting rid of expensive specialized bankers and taking a step to reduce the bank’s global ambitions in the M&A space.

SG Dealbook: Ezion partners Chinese SEO; Interra signs MOU with Sany

Singapore firms are leveraging on partnerships to expand business operations. Ezion Holdings has entered into an MOU with a Chinese state firm to aid in building offshore wind farms, while Sany and Interra will collaborate to build their regional business operations in Southeast Asia. Ezion Holdings forms strategic partnership to develop offshore… Read more »

Singapore: EDBI co-invests in $45m Series D+ round in US healthcare venture Welltok

Existing institutional and strategic investors also joined the round in US-based Welltok, a healthcare venture that has developed a B2B2C population health management platform called Caféwell.

Singapore: DBS launches ‘PE Access’ scheme to connect HNIs to dealflow

‘PE Access’ is being tailored for investors who are seeking alternative investment vehicles, and is designed for sophisticated investors who prefer to have direct access to the businesses they are investing in, and possess a higher risk appetite.