Singapore firms have engaged in a series of transactions across multiple sectors. Orchid Capital has raised $135 million from the sale of its shares in InterOil Corporation (IOC), Sinarmas Land has increased its exposure in the London property market, while Cycle & Carriage has raised S$1 billion in funds from its rights issuance.
Orchid Capital raises $135m from sale of InterOil shares
Orchid Capital Investments (OCI), an indirect subsidiary of Chandler Corporation via its parent firm Chandler Holdings Limited (CHL), a Singapore-based investment major, has divested three million common shares in the capital of InterOil Corporation (IOC).
