Emerging markets guru Mark Mobius to retire from Franklin Templeton


Mobius became one of the most recognized authorities on money-making opportunities in Africa, Asia, Eastern Europe and Latin America.

Singapore: Vickers Venture Partners plans $500m fund targeting biotech, AI

The planned fund will be one of the largest venture capital funds to be raised in Southeast Asia. 

CapitaLand sells 20 China malls to Vanke unit for $1.29b

China Vanke and Triwater Asset Management Holdings will also jointly invest for an undisclosed stake.

Asia-Pac M&As rise to $673.5b in 2017 led by real estate even as global deal activity slows

Globally, M&A dipped 3.2% to $3.15 trillion across 18,433 deals compared with $3.26 trillion across 18,592 deals in 2016.

Singapore’s Yang Kee Logistics completes $39m acquisition of Fliway Group

The deal marks the second Oceania acquisition for Yang Kee Logistics.

Singapore Dealbook: FundPlaces raises $1.5m from GYP; Olive Tree debuts on Catalist

FundPlaces will use the proceeds to expand into markets including NZ, and grow presence in Singapore, the UK and Australia.

GIC-backed Scion acquires Harrison Street student housing assets in US for $1b

In a bid to spur returns, GIC has been investing heavily in student housing

SG Dealbook: Cordlife acquires HealthBaby HK; HC Surgical picks majority in HMC Medical

Cordlife Group has acquired HealthBaby Hong Kong while HC Surgical buys a majority stake in HMC Medical. 

Singapore: Golden Equator ropes in serial entrepreneur Taizo Son as special advisor

Golden Equator is a group of Singapore-founded companies with businesses covering finance, consultancy, and a technology and innovation business club

China’s Cedarlake Huarong invests in Singapore’s Novena Lifecare

The initial commitment is expected to increase as China expansion plan gains momentum