Singapore’s DocDoc raises $8.5m in Series A round led by Hong Leong Financial Group


Singapore-based doctor-booking platform that enables patients to book doctor appointments has closed a series A round worth $8.5 million (S$6.44 million). The round was led by Hong Leong Financial Group, with SparkLabs Global Ventures participating. According to co-founder and CEO Cole Sirucek, capital from this round will to marketing and brand development activities…. Read more »

SG Realty Dealbook: AVJennings in JV with superannuation fund; Keong Hong & partners in Maldives deal; Fragrance Group acquires property in Tasmania

The rush by Singapore firms, to venture into realty deals abroad, shows no signs of abating. The latest to join the list include, Singapore and Australia-listed property developer AVJennings Limited that has established a JV in Australia, Keong Hong Holdings that is foraying into building and developing hotels in Maldives,… Read more »

Singapore’s Q&M to buy TP Dental Surgeons in $21.5m deal

SGX-listed Q&M Dental Group, one of the largest private dental healthcare group in Singapore, said Tuesday that it plans to buy TP Dental Surgeons  for S$28.6 million ($21.5 million). It will pay S$18 million in cash and S$10.6 million through the issuance of shares in Q&M at an issue price of… Read more »

Unitary Asian cryptocurrency would revolutionise fintech: Life.SREDA’s Vladislav Solodkiy

The recent entry of several fintech-focused accelerators into the Singapore startup ecosystem is laying the foundations for a sophisticated fintech ecosystem in the city-state. This development has played a significant part in the Russian venture capital firm Life.SREDA’s shifting its HQ from Moscow to Singapore. With the recent move by Life.SREDA VC to… Read more »

Life.SREDA to invest $80m-$90m in APAC fintech ventures

Russian venture capital firm Life.SREDA is planning to invest the remainder of its second fund, estimated to be worth $80 million to $90 million, into fintech startups in the Asia Pacific (APAC) through the second and third quarters of 2015, its managing partner Vladislav Solodkiy said in an interaction with DEALSTREETASIA. Solodkiy said the… Read more »

First Sponsor back in black, acquires two hotels in Amsterdam for $60m

Mainboard-listed property group First Sponsor said it had registered a profit of S$10.73 million in the first quarter, 2015, as against a loss of S$9.18 million during the corresponding period last year. The company also announced that it had entered into a deal with German institutional real estate fund –… Read more »

SHO-Zemi Innovation Ventures to set up base in Singapore as it scouts for startups in region

Japanese venture capital firm SHO-Zemi Innovation Ventures, which had recently partnered Singapore’s Incuvest to invest in US and Spain-based mobile startup Monkimun, is now looking at deals across South East Asia. As the first step towards targeting this region, SHO-Zemi Innovation Ventures will set up a base in Singapore, a top… Read more »

Singapore-listed CIT issues new share units worth $689m

Cambridge Industrial Trust Management Limited (CIT), a Singapore based  industrial REIT, CIT which has been publicly listed on the Singapore Exchange Securities Trading Limited since 2006, has issued 1,214,643 new units at S$0.7173 per unit. The management fee is S$871k while the total number of units in issue is 1,279,804,192, of which the… Read more »

FCOT to acquire Melbourne property & develop China Square hotel

Frasers Commercial Trust (FCOT) has entered into a conditional sale and purchase agreement with Australand Property Holdings to acquire a Melbourne commercial property worth A$222.5 million (S$232 million), its first foray in the Melbourne CBD office market. In addition, it has interest a conditional arrangement with Frasers Centrepoint (FCL) to develop a… Read more »

SG Dealbook: TIH invests in Tengri Resources, Super Group in JV for Russia, SIIC Environment invests in MTI

Three Singapore-listed firms have made investments abroad, including forming joint ventures, as they diversify and expand their portfolio abroad. This follows the recent trend of smaller firms also venturing abroad, either by picking up assets overseas, or through mergers and acquisitions and joint ventures. TIH Limited invests in Salim Group-linked… Read more »