Singapore’s Sea continues to divide analysts and sceptics on potential


Analysts view Sea as Southeast Asia’s leading growth company with backing from Chinese colossus Tencent that should help it capitalize on the region’s adoption of games, e-commerce and digital payments. Sceptics see little evidence that Sea is developing anything resembling a business model.

Singapore’s Temasek backs fintech startup C2FO’s $100m round

The latest round in C2FO was led by the investing arm of global insurance and asset management giant Allianz and Abu Dhabi’s Mubadala Investment Co.

GIC partners China Vanke to develop Shanghai mall in $110.8m deal

Singapore’s sovereign wealth fund GIC Private Limited has partnered with mainland real estate developer China Vanke Co. for the development of high-end shopping centre in Shanghai

Exclusive: Dymon Asia PE likely to close second SE Asia fund at $420-430m

The PE firm had made the first close of its Dymon Asia Private Equity (SE Asia) Fund II at $325 million in December 2017. 

China-backed bourse gets nod as Singapore’s third futures exchange

Asia Pacific Exchange Pte has received licenses from the Monetary Authority of Singapore to operate a derivatives exchange and clearinghouse.

Singapore: New Silkroutes Group acquires two Shanghai firms for $49.3m

The transaction is part of New Silkroutes’ move to become a major supplier of healthcare consumables in China and Southeast Asia.

Allianz completes Srilankan insurer Janashakthi’s acquisition

Allianz will now begin amalgamating the operations of both companies

People: Equis Energy gets new CEO; Australian telco Vocus CEO exits 

Renewable energy producer Equis Energy has named Nitin Apte as CEO of the company.

Bangladesh’s Summit Power plans Singapore listing by April to aid Asia investments

Summit Power is likely to be the first Bangladeshi firm to list in Singapore.

Singapore: Strawberry Star acquires London development, lists investment vehicle

Strawberry Star Group has acquired a mixed-used development in London and listed an investment vehicle on TISE.