SG Dealbook: Top Glove to acquire Aspion; CapitaLand expands China presence

SG Dealbook: Top Glove to acquire Aspion; CapitaLand expands China presence

Lucas Loh CEO, CapitaLand China and Heng Swee Keat, Minister for Finance, Singapore. Credit: CapitaLand

Property major CapitaLand has entered into a strategic alliance with China UnionPay while Top Glove Corporation is set to acquire surgical glove manufacturer Aspion.

CapitaLand partners China UnionPay, venture fund to invest in China

SGX-listed CapitaLand has formed a strategic alliance with China UnionPay in a bid to enhance the cashless payment capabilities of its CapitaStar app. In addition, its VC arm will be looking to source deals in the China market.

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